Economy

Wizz Air Expresses Interest in Expanding Presence in Georgia Beyond Kutaisi

In a recent meeting between the co-founder of Wizz Air, Jozsef Varadi, and the Georgian ambassador, Tamuna Liluashvili, both parties discussed the ways to further enhance their partnership.

EU and World Bank Release Subnational Public Expenditure and Financial Accountability Assessments for Georgian Municipalities

The European Union and the World Bank have released Public Expenditure and Financial Accountability (PEFA) assessments for three Georgian municipalities

State Agricultural Insurance Program Compensates Losses Exceeding ₾67 Million

For the past nine years, the state agricultural insurance program has been successfully running and constantly improving

Plant the Future" Program Aims to Boost Perennial Crop Production in Georgia

The state program "Plant the Future" has been successful in boosting the production of perennial crops in Georgia, according to the Minister of Environment Protection and Agriculture, Otar Shamugia.

Georgia Leads the Way in Renewable Energy with $800 Million Investment from International Investors

Georgia has made significant progress in renewable energy with the construction of several dozen hydroelectric power stations in the past ten years, and 12 new HPPs put into operation in 2022-2023, with a total installed capacity of over 30 MW.

GIRTEKA's Investment in Georgia: A Boost to the Economy and Job Market

GIRTEKA, one of the largest logistics companies in Europe, has announced its plans to invest €1 million in Georgia over the next three years.

Stricter Regulations for Dog Ownership in Georgia

Maya Bitadze, the chairman of the Environment Protection and Natural Resources Committee, has announced that a draft law is ready to be implemented to strictly control the ownership and breeding of dogs in Georgia.

The New Law on Entrepreneurs: Bringing Predictability to Business

The Law on Entrepreneurs, which entered into force on January 1, 2022, has been positively evaluated by businesses in Georgia, as it regulates issues that were not covered by the previous law.

Law on Entrepreneurs: A Good Foundation for Business, but Challenges Remain

Nika Nanuashvili, legal director of the Georgian Business Association, recently spoke about the challenges and findings of the implementation of the Law on Entrepreneurs in the "Business Partner" program.