Economy

Investment Value of New Projects in Adjara Reached 1 Billion GEL

Investment value of new projects of Adjara has reached 1 billion GEL - said the head of Adjara government, Tornike Rizhvadze.

Minister of Economy Appoints Zaza Dvalishvili as ESCO Director General

Minister of Economy Natgia Turnava has appointed Zaza Dvalishvili as an acting director general of ESCO (Electricity Market Operator).

Lufthansa Adds two Flights from Munich to Tbilisi

Deputy Minister of Economy and Sustainable Development, Nikoloz Alavidze held a meeting with the Deutsche Lufthansa Vice President of Sales, Stefan Kreuzpaintner. 

SkyUp airline to launch new flights from Kutaisi

Ukraine’s SkyUp airline will service flights from Kutaisi, from June 4. 

GNERC Introduces Changes to Water Consumption Tax Bill for Guesthouses

GNERC plans to introduce a new system of calculating water consumption tax for guesthouses, the commission chairperson Irina Milorava noted. 

TBC : We are Looking for Guarantee Mechanisms

Nothing threatens the Anaklia project, - Badri Japaridze, co-founder of TBC Bank, said after a meeting held at the Ministry of Finance.

Container Shipments from China to Europe Increased by 50%

Cooperation in the field of transit and transportation between Georgia and China was discussed at the meeting at the Ministry of Economy and Sustainable Development.

Natia Turnava and Elizabeth Rood Discussed Georgia-USA Economic Relations

Minister of Economy and Sustainable Development, Natia Turnava and the USA Charge d’Affairs in Georgia, Elizabeth Rood held a working meeting on the issues of economic relations between the United Stated and Georgia.

Minister of Finance: GEL Rate Falls to 2.80 Point, but There is no Inflation Pressure

GEL exchange rate deprecation is driven by external factors, Minister of Finance Ivane Machavariani told reporters.