Economy

Lasha Khutsishvili Becomes Georgia's Minister of Finance

Lasha Khutsishvili will head the Ministry of Finance of Georgia. The Prime Minister Irakli Gharibashvili stated about it at the government session.

Government Puts Ten State-owned Companies on Sale

The Government of Georgia has put out 10 state-owned assets for auction, as part of the expanded government program “100 Investment Offers to Business”.

Turkish Low-Cost Airline Anadolujet Returns to Georgian Market

AnadoluJet, a subsidiary of Turkish Airlines, a low-cost airline, is returning to the Georgian air market.

Sani Sener: TAV Airports Takes Serious Steps to Make Georgia the Largest Hub in the Region

For 14 years, TAV has invested $ 220 million in Tbilisi and Batumi international airports, says TAV Holding President Sani Sener. 

One Year of Producing Electricity at the Shuakhevi HPP

The Shuakhevi Hydropower Plant (HPP), the largest energy project in the history of independent Georgia, began operating in the spring of 2020 and has been safely generating electricity for more than a year without any technical challenges.

Zurab Noghaideli: Growing Domestic Generation is the Fundament for Georgia’s Energy Security

Today, electricity imports from Azerbaijan essentially exceed the imports from Russia. Though, we cannot yet replace Russian electricity imports entirely

AFBA discloses ESCO for violating the rules of issuing public information

The Association of Young Financiers and Businessmen (AFBA) has accused the electricity market operator (ESCO) of violating the rules for issuing public information. According to the non-governmental organization, legal actions will be taken.

Georgia to Receive $107 Million in Exports to EU in Last Two Months

In the months of January and February in 2021, $107 million worth of goods were exported from Georgia, which is $1.4 million less than in 2020.