Economy

Natural Disaster Causes Extensive Damage in Ozurgeti and Lanchkhuti; Relief Efforts Underway

In the aftermath of a significant natural disaster, Ozurgeti and Lanchkhuti have sustained extensive infrastructural damage, including the impairment of 100 bridges and culverts.

EU's Josep Borrell Reiterates Unwavering Support for Georgia: A Trifold Message on Europeanization, Ukraine, and Sovereignty

European Union's High Representative for Foreign Affairs and Security Policy, Josep Borrell, recently concluded a high-profile visit to Georgia.

Wizz Air to Reroute Flights from Kutaisi to Cologne in October

Wizz Air has announced a forthcoming shift in its flight route, transitioning from Kutaisi to Cologne instead of Dortmund beginning in October.

Significant ₾85 Million Investment Slated for Kutaisi International Airport Upgrade

The Vice Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili, announced a substantial investment of ₾85 million in the Kutaisi International Airport.

The New Modern "Mimino" Airport in Telavi Set to Welcome Its First Passengers in 2024

Prime Minister Irakli Gharibashvili announced in a recent government meeting that Telavi will be the site of a new state-of-the-art airport

Tbilisi City Hall Launches Joint Endoprosthetics Program for Hip and Knee Replacements

Tbilisi's City Hall has rolled out a significant healthcare initiative known as the "Joint Endoprosthetics Program."

Georgian Dream Party Moves to Impeach President Over Unauthorized Foreign Visits

Today, the political council of the Georgian Dream party resolved to initiate impeachment proceedings against Salome Zurabishvili, the President of Georgia.

Georgian Railways Allocates 54.9 Million GEL for Advanced Freight Wagons

Georgian Railways has initiated a competitive tender with a budget of 54.9 million GEL to acquire 300 state-of-the-art freight wagons.

Georgian Pension Agency Ventures into High-Risk Portfolios Featuring Tech Giants Like Apple, Google, and Samsung

Goga Melikidze, the Senior Investment Officer of Georgia's Pension Agency, elaborated on the agency's investment strategy at a meeting held at the National Bank today.