Economy

Agriculture Minister Expects $100 million Hazelnut Harvest in 2020

This year we expect an abundant harvest of high-quality hazelnut”, Georgian Agriculture Minister Levan Davitashvili noted when meeting with hazelnut growers together with Samegrelo Region

100 People Employed and GEL 15 Million Invested in New Enterprise of Copper and Aluminium

Minister of Economy and Sustainable Development, Natia Turnava officially opened a new enterprise of copper and aluminium wires in Tbilisi.

Georgia’s Fish Production in 2019 Rose by 3.5%

In 2019, fish production in aquaculture complexes in Georgia rose by 3.5% to 2,465 tons.

Money Transfers to Georgia Rise by 17.8% Year on Year

Money transfers to Georgia in June 2020 amounted to 169.2 million USD (514.8 million GEL), up 17.8% compared to June 2019 (up 25.6 million USD).

Cost of Living for Able-bodied Man Declines to 186.6 GEL

The cost of living of an able-bodied man in June declined by 3 GEL to 186.6 GEL, while the figure was 189.6 GEL in May 2020.

New Enterprise Employs over 100 Citizens, Investments Total 15 million GEL

A new plant manufacturing copper and aluminum cables has employed more than 100 citizens.

Capitalization of Georgian Companies at London Stock Exchange Declines

Capitalization of Georgian companies enlisted in the London Stock Exchange (LSE) keeps declining.

Flight Frequencies Air France will Fulfill in Georgia

The national airline of France Air France plans to resume regular flights in Georgia on August 1.

Exports in June Declined by 131% to 266.9 million USD

In June, exports of Georgia declined by 13.1%, according to the Geostat, the national statistics service of Georgia.