German Government to Allocate up to 200 Million Euros for Financing Priority Areas for Georgia
The Federal Republic of Germany continues to support investment projects in Georgia.
New Enterprise in Kutaisi to Employ 100 Local Residents
Georgian Economy Minister Natia Turnava has opened Alutech Georgia enterprise in Kutaisi as part of the entrepreneurship stimulation government program Enterprise Georgia.
Anaklia Consortium Sues to Arbitration Court against Georgia
Bob Mayer, one of the investors of Anaklia Development Consortium has sued Georgia to Arbitration Court. Corresponding appeals have been forwarded to Geneva and Washington.
EBRD 90-milion EURO Financial Support to be Spent on New Transmission Network and other Energy Infrastructure
In order to strengthen and improve Georgia’s energy network, 90-million EURO financial support is envisaged in the agreement signed between the Georgian Government and the EBRD.
Leasing New Way of Energy Independence or Something Similar
Georgia is an energy importer - our energy balance is negative, which means that we consume more energy than we produce. To fill up the difference, energy is imported.
GGU Places US$ 250 Million International Green Bonds with Help of TBC Capital
The holding company of the investment company Georgia Capital – Georgia Global Utilities – (managing water supply and discharge and energy assets), has placed US$ 250 million international green bonds on the Irish Stock Exchange.
Tea Plantations Planted in Tkibuli with the Support of the Bank of Georgia
Bank of Georgia continues to support local production. With the financial involvement of the bank, Okriba Ltd planted tea plantations at 55 ha in Tkibuli.
Experts of French Companies Actively Involved in Chiatura Cableway Construction
The cableways in Chiatura undergo the final stage of construction.
Compensation for Beneficiaries of State Agricultural Insurance Program Starts
The beneficiaries involved in the state agricultural insurance program have started to receive compensation for the damage caused by the hail in Kakheti region.