Economy

GIG to Manage Seaport Infrastructure in Ukraine

Ukraine’s Kherson seaport has been transmitted to Georgia-Swiss company for a 30-year management.

2019 was a Record-breaking Year in Terms of new Eurobond Issuance

2019 delivered strong growth in the Georgian fixed income market at 40% Y-o-Y (34% excluding FX effect) backed by local corporate bonds and Eurobonds.

January’s Annual Inflation Rate Marked 6.4%

Geostat, the national statistics service of Georgia, has published an updated report on inflation rate.

Energy Sector in New Reality

The year of 2020 will be decisive in terms of liberalizing the Georgian electricity market, while full liberalization will be achieved in 2021

Georgian Government Identifies Four Priority Areas

Georgia identifies four priority areas - security, economic development and jobs, education and human capital development, as well as open governance, Georgian Prime Minister Georgi Gakharia said.

Irakli Lekvinadze: Competition Agency to Finish Monitoring of 3 Sectors in First Quarter

The Competition Agency will finish monitoring of three sectors in the first quarter 2020, the Competition Agency director Irakli Lekvinadze told the Business program, broadcast by Palitra radio station.

Natural Grape Wines is Most Exported Product from Georgia to Russia

As of the official data of Geostat, Russia is the second-largest export market of Georgia (491.1 million USD).

Municipal Development Fund of Georgia Presents Year 2019 Report

The Municipal Development Fund of the Ministry of Regional Development and Infrastructure of Georgia presented a report for the year 2019.

What Factors Protract Electrosystem Rehabilitation Regime

Ucha Uchaneishvili, head of the Georgian State Electrosystem (GSE) board of managers, explains why the Georgian State Electrosystem (GSE) rehabilitation regime has protracted.