Economy

Bank of Georgia Funds Rose Hothouse Construction in Ozurgeti

A rose hothouse equipped with modern technologies was built in the village of Shemokmedi, Ozurgeti Municipality, with the financial support of Bank of Georgia.

Georgia Raises $21.3 million from Peach Exports – TOP Exports Markets

As the Georgian Agriculture Ministry reports, from May 1 to October 4, 2020, Georgia’s peach and nectarine exports marked $21.3 million (25.3 thousand tons).

New UEFA Third Category Stadium Construction is to Complete in Poti

 The works for arranging of southern and northern grandstands and constructing spare pitch with artificial cover for the UEFA Third Category Stadium in Poti City undergo execution by Municipal Development Fund (MDF).

Solar Power Plant to Open in Gardabani

A new solar power plant of 50 megawatts will be built in the village of Aakhali Samgori, Garbdani Municipality.

Kutaisi-Riga Regular Flights Resumed after 6-month Break

The first Riga-Kutaisi-Riga regular flight has been fulfilled after a 6-month break.

Air Traffic in Georgia Reduced by 80%

According to EUROCONTROL, air traffic in Georgia is significantly reduced.

Construction of Rustaveli-Mtatsminda Ropeway Returning to an Active Phase

The construction of a cable car connecting Rustaveli Avenue to Mtatsminda in Tbilisi is returning to an active phase.

Georgian PM and European Commissioner Financing Agreements Worth 129 Million EUR for COVID Recovery

Georgian Prime Minister Giorgi Gakharia held a meeting with European Commissioner for Neighborhood and Enlargement Oliver Varhelyi in Brussels.

Imports of goods decreased by 19.3% - TBC Capital

Imports of goods decreased by 19.3% year on year, largely due to the decline in imports of transport equipment (-35.0% y / y) and oil products (-33.4% y / y).