Oil Exploration Works Begins on the Black Sea Shelf in May
Austrian company OMV Petrom plans to enter a ship on the Black Sea shelf in May 2022 and launch large-scale studies.
Georgia Receives Unprecedetent €40 Million for the Development of Biodiversity and Protected Areas
"Biodiversity and Sustainable Local Development in Georgia" - An agreement on financial cooperation was signed between the Government of Germany and Georgia.
Georgian Operator of Poti Port Pace Group Received a Revenue of 97 Million GEL in 2020
The main operator of Poti Port is the Danish APM Terminals, which is a member of the Maersk Group, generated revenue of GEL 195 million in 2020.
Tea-Themed Airport Built on the Sea, 80Km From the Georgian-Turkish Border
The construction of a new airport near the village of Yeşilkoy, 80 km from the Georgian-Turkish border in the Fazar district of Turkey, is entering its final phase.
Georgian Airways Appointed New CEO
Georgian Airways has a new General Director. Roman Bokeria was replaced by David Gaiashvili, who owns 80% of the airline.
ECOENER Plans to Invest $ 150 Million in Georgian Energy Sector
Despite the pandemic and many other difficulties, foreign companies are still interested in the Georgian energy market.
France Imports 45 Tons of Georgian Honey
Samtredia Municipality's state-sponsored enterprise exports honey to France. According to the Ministry of Environmental Protection and Agriculture, 45 tons of honey produced by the company "Apigeo" have already been exported to France.
Poti FIZ: 3 Turkish Companies and 1 Japanese Bank Interested in the Investment Environment
The Turkish Foreign Economic Relations Board (DEIK) and the Poti Free Industrial Zone held a conference in Istanbul on the economic potential of the Poti FIZ.
ENKA Terminates Contract with Government of Georgia; Namakhvani HPP Project Suspended
ENKA Renewable company has terminated the contract with the Government of Georgia.