Economy

TBC Bank Attracted 65 Million GEL from EBRD

JSC TBC Bank ("TBC Bank") has signed three loan agreements totaling USD 65 million equivalent in Georgian Lari (GEL) with the European Bank for Reconstruction and Development (EBRD).

Georgian Railway sees Freight Turnover by 8%

Freight turnover of Georgian Railway increased by 8% in 2019 compared to 2018. Davit Peradze, General Director of Georgian Railway stated this in an interview with Giorgi Isakadze, Chief Editor of Forbes Georgia.

Georgia's foreign debt decreased by $ 433.5 million in three months

Georgia's total foreign debt as of September 30, 2019 totaled $ 17,797 billion, which is $ 433,567 million lower than in the previous quarter, though up by $ 491 318 million over the same period last year.

Natia Turnava: Development of Maritime Transport Sector will Increase Employment Opportunities

Minister of Economy and Sustainable Development of Georgia, Natia Turnava, heard the annual report of the Maritime Transport Agency of Georgia and information on the future plans.

New Air Company at Tbilisi International Airport

Air company Thai Air Asia X has performed its firts direct charter flight on the route Bangkok – Tbilisi.

Kutaisi International Airport's New Passenger Terminal Facade and Internal Partition Arrangement Completed

The main works on the facade of the new Kutaisi International Airport terminal and the arrangement of internal partitions have been completed, as well as roof installation. 

SOCAR Georgia Opened New Petrol Station Complex in Terjola

SOCAR Georgia opened a new petrol station complex near the town of Terjola, Georgia.

88 re-auctions were announced within government's project “100 Investment Offers to Business”

88 re-auctions were announced in the framework of the government’s project “100 Investment Offers to Business”.

Georgia Adopts Key Laws to Harmonise Country's Energy Sector

Following the Parliament’s adoption in third reading of the Law on Energy and Water Supply and the Law on Renewable Energy Sources