Economy

Export of Nectarines and Peaches from Georgia Increased by 67%

This year, the peach and nectarine harvest has been successful in Georgia - the process is in the active phase and exports are 67% higher than last year.

Powerchina/Sinohydro is the Winner of the International tender - the Company is to Implement the Reconstruction of 42 km Section of Khulo-Zarzma Road

Powerchina/Sinohydro is the winner of the international tender announced by the Ministry of Regional Development and Infrastructure of Georgia.

Georgia’s Promising Exports Items for Japanese Market

As noted by the Japanese Ambassador to Georgia Tadaharu Uehara, Georgian products need valuably-prepared marketing and branding strategy to find a niche in the Japanese market.

Georgia Exports 16,273 Tons of Peach and Nectarine

The peach and nectarine harvest has entered an active phase. As for August 2, Georgia has exported 16,273 tons of peach and nectarine, up 6,521 tons as compared to the same period of 2019.

Lufthansa Resumes Regular Flights to Georgia

German airline Lufthansa has resumed regular flights to Georgia. 188 passengers have already flown from Munich to Tbilisi and 156 passengers from Tbilisi to Munich.

Credo Bank Attracts 36 million GEL Loan from EIB

Credo Bank and European Investment Bank (EIB) have signed an agreement on the allocation of 35-million GEL loans for promoting micro, small, and medium business companies.

AFD and EU to Alocate 65 Million Euros for the Modernization of the Khashuri Water System

The French Development Agency (AFD) and the European Union will allocate 65 million euros for the modernization of Khashuri water systems.

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.