Economy

Tbilisi Airport Expands and Upgrades Aerodrome Infrastructure with ₾6.5 Million Investment

Tbilisi International Airport has undergone significant infrastructure improvements, with TAV Georgia investing ₾6.5 million in new aircraft stands and the rehabilitation of existing ones.

Georgia Strengthens EU Ties with Black Sea Submarine Cable Project – Jubo Turashvili

The Black Sea Submarine Cable Project will not only enhance Georgia’s energy infrastructure but will also establish the country as a direct partner of the European Union

Davit Narmania Delivered a Public Lecture to Students from Multiple Universities

Professor Davit Narmania, Chairman of the Georgian National Energy and Water Supply Regulatory Commission (GNERC), delivered a public lecture to students from several universities, covering the specifics of GNERC's activities and regulatory matters.

Ministry of Finance Sells ₾50 Million in Treasury Bills

On January 6, 2025, the Ministry of Finance of Georgia successfully sold ₾50 million worth of 6-month treasury bills, equivalent to $17.8 million USD

Georgian Airports Handle Over 7.4 Million Passengers in 2024, a 24% Increase

In 2024, Georgian airports collectively handled 7,425,399 passengers across 31,937 flights, marking a significant 24% increase in passenger numbers and a 25% rise

Georgia to Launch First Electricity Storage System with 355 Million GEL Investment

Georgia is set to implement its first electricity storage battery system, with the initial phase scheduled for 2025 and the project expected to continue through the end of 2028.

GITA Allocates €1.8 Million to Armenian TUMO Center for Training Facility in Kutaisi

The Georgian Innovation and Technology Agency (GITA) has signed a €1.8 million simplified contract with the Armenian company TUMO

Davit Narmania: "The Sustainability of the Energy Sector is a Matter of Paramount Importance for our Country."

Chairman of the Georgian National Energy and Water Supply Regulatory Commission, Davit Narmania, has shared a post on social media regarding key trends in the energy sector:

Czech Republic Allocates €230,000 to Support Georgian Civil Society and Independent Media

The Czech Republic has announced an allocation of €230,000 in emergency assistance to support Georgian civil society and independent media.