Economy

Agriculture Minister: 16 New Enterprises were Launched with Government’s Support in 2020

A total of new 16 enterprises were launched with the Government’s support, Georgian Agriculture Minister Levan Davitashvili noted.

Rakesh Naik Appointed New CEO of Adjaristsqali Georgia LLC

Prior to coming to AGL, he had a long and successful career with Tata Power

EU Disburses EUR 60 million Grant for COVID-19 Assistance to Georgia

The EU has disbursed a €60 million (approx. GEL 240 million)grant to assist Georgia in coping with the COVID-19 outbreak.

USA to Assist Georgia in Implementing Agricultural Projects

The USA will assist Georgia in implementing agricultural projects, the Agriculture Ministry press-release reads.

Koba Gvenetadze: We Expect 5% Economic Growth in 2021

"I think from today's point of view, the forecast of a five percent drop in 2020 is quite realistic," the president of the National Bank said.

Turkey Sends First Export Train To China On Baku-Tbilisi-Kars Railroad

The first China-bound export train to travel on the Baku-Tbilisi-Kars (BTK) railway departed Kazlicheshme station in Istanbul on Friday. 

Wizz Air to Restore Bases at Kutaisi International Airport

Wizz Air plans to restore bases at Kutaisi International airport. At this stage, the airline management plans to maintain 2 airplanes at the base that the company kept in Georgia b

7.4 Million Tender for Completion of Mtatsminda-Rustaveli Ropeway Announced

According to the tender published on the website of the State Procurement Agency, the Tbilisi Transport Company plans to spend 7.4 million GEL to complete the Mtatsminda-Rustaveli ropeway.

Global Sustainable Competitiveness Index Ranks Georgia Historic High

According to the Global Sustainable Competitiveness Index, Georgia, with its ranking reaching a historic high, is among the world's top 40 performers (37th place), also leading worldwide in ranking improvement in the past 7 years.