Economy

Austrian OMV Starts Oil and Gas Mining Works in Georgia

Austrian Oil Company OMW has decided to start oil and gas reconnaissance-extraction works. The corresponding contract with the Company will be signed soon.

Georgian Strawberry and Berry Go to the USA

Founded with the government’s financial support, LLC Glenberries Company exports Georgian products to several countries.

Georgia Holds Sustainable Energy Week to Achieve EU's Climate and Energy Goals

On June 22-26, Georgia is holding a Sustainable Energy Week.

G&T: Georgia has Potential to Replace Imports of About $ 850 Million

Georgia has the potential to replace imports of about $ 850 million by promoting agriculture and construction, as well as diversifying exports.

E-commerce Shrinks by 17% in May

Amid the COVID-19 pandemic, the value of goods and services sold in the E-commerce platform has declined, instead of expected growth.

Road Department Wins Lawsuit against Sinohydro Corporation Limited

The Road Department of Georgia has won a legal dispute against its contractor company Sinohydro Corporation Limited regarding the agreement on Kobuleti Bypass Road Construction, signed on November 26, 2012.

20 Million Tender Announced for the Rehabilitation of Vake Park

Tbilisi City Hall plans to rehabilitate Vake Park. A tender has already been announced for this purpose.

COVID-19 Triggers Healthcare Reforms in Georgia

As the COVID-19 pandemic reveals the urgent need to reform healthcare provision around the world

City Hall Plans to Purchase 29.8 Million GEL Blue Minibuses

City Hall plans to purchase 29.8 million GEL blue minibuses. A tender has already been announced for this purpose.