Competition on Borjomi Park concept Announced

Competition for the development of the concept for Borjomi Central Park was announced. According to the municipality, the main goal of the competition is to maintain and develop the historical and cultural functions of the park.

Number of Hired Employees Exceeded Number of Self-Employed People Last Year

The rate of unemployment in 2018, compared to the previous year, was decreased by 1,2% and equaled to 12,7%, which is the lowest indicator in the last 15 years,

Georgia’s Foreign Trade Totaled $826.8 Million in January

In January 2019, Georgia’s foreign trade turnover (without undeclared trade) amounted to USD 826.8 million, which is 1.2 percent more than in the previous year.

BDO Appraises Efficiency of Enterprise Georgia Program

BDO company has prepared a report on efficiency of financial accessibility and technical assistance components of the Enterprise Georgia program.

Russian Threats in Georgian Economy

Several days ago, government offices published statistical indicators, that, at a glance, seem encouraging. Namely, despite negative forecasts and swine flu, in January 2019, the tourist inflow to Georgia rose by 18% year on year.

Vazil Hudák: Priority Issue is to Attract Foreign Direct Investments to Georgia

Investment portfolio of the European Investment Bank in Georgia and the main priorities of the future cooperation were the topic of the conversation.

EIB Allocates Additional 250 million EUR for Georgia’s Infrastructure Development

Maia Tskitishvli, Vice Prime Minister of Georgia and Minister of Infrastructure, and the Deputy Infrastructure Ministers have met with Vazil Hudak, vice president of European Investment Bank and other representatives of the Bank.

237.5 Thousand of Georgian Citizens are Unemployed

According to Geostat, in IV quarter 2018 year the unemployment rate increased by 0.1 percentage point compared to the previous quarter and equaled 12.3 percent.

Partnership Fund to Finance Poultry Farm in Kaspi with 1.5 million USD

Poultry farm construction works in the village of Metekhi, Kaspi municipality, will start in spring 2019. The farm will supply 250 tons of chicken meat to the market starting September 2019, LLC GLC director and founder Giorgi Verulashvili told BM.GE.