Economy

First Cargo to Delivers from Turkey to Georgia on New Railway Today

The ceremony on the occasion of the freight arrival will be attended by CEO of JSC Georgian Railways David Peradze.

Whether Investing of Pensions Agency Funds in Energy and Logistics Sectors Bring Profits

The Pension Agency may invest money in energy, telecommunications and logistics sectors, the Agency executive director Levan Surguladze noted.

Why National Bank Recommends Business to Make Forward Deals

Georgian business companies prefer to minimize currency risks, because the main part of products are imported in Georgia, while the same products are sold in GEL and currency risks arises naturally.

Flight Ban Shrinks Tourist Inflows from Russia by 78%

On July 22, TBC Research published a new report on tourism embargo. Despite flight ban from Russia, Georgia’s tourism sector maintains lower, but dynamic pace of growth anyway, the report reads.

George Chogovadze: In 2020 Kutaisi Airport will Be 4 Times Bigger and its Passenger Turnover will Increase 4 times

Kutaisi International Airport’s new terminal construction second phase comes to the end.

Leading Airlines of 6 Months on Georgian Aviation Market

Wizz Air is the leader of the Georgian aviation market. With the statistical data of January-June of 2019, low-coster served 348 850 passengers in 6 months on the Georgian airbase taking 14% of the market.

SOCAR Expands its Gas Pipeline Network in Georgia

SOCAR Georgia Gas company (Georgian subsidiary of Azerbaijan’s state oil company SOCAR), has increased the length of its gas pipeline network in the neighboring country

The Most Popular Destinations from Kutaisi Airport

According to the data of January-June 2019, Vienna was the most demanded destination from Kutaisi International Airport. 

Does Georgia Need an Antidumping Law –The Opinions of Specialists and World Experiences

The Georgian authorities plan to enforce antidumping laws on January 1, 2020.