Economy

Ex Prime Minister: Additional 1 Billion Kw/H Signifies Extra $100 Million in Our Economy

Any hydropower plant, be it a big one, medium or small one should be built in compliance with technical, social and environmental standards.

Georgia’s Electricity Imports in 1Q21 Hit $31.6 Million

Georgia’s electricity imports in the first quarter of 2021 rose by 9.3% and the country spent $31.6 million ($28.9 million in January-March 2020).

Exports of Georgian Medications Grow by 56%

Exports markets demonstrate a growing demand for Georgian medications.

AYFB Addresses to Government: Only Highest Standards of Transparency and Intense Dialogue Can Tackle Energy Sector Problems

The energy sector development challenges prove that today, transparency is the major problem and the current wrong policy inflicts

Kutaisi International Airport Reopens to Host Passengers After Rehabilitation

Kutaisi International Airport is meeting the 2021 navigation season with novelties. After rehabilitation, Kutaisi International Airport resumed hosting passengers on April 19.

El Green Announces Electricity Import Tariffs in March

The company El Green published electricity tariffs imported in March of 2021.

Cargo Shipment: Georgian Airways is Developing a New Line of Business

Georgian Airways Cargo will perform the first cargo air flight Boeing B737-800 in China. The exact date is still unknown. At this stage, the aircraft is already at Tbilisi International Airport and is undergoing the certification process.

Baku-Tbilisi-Kars Railroad Turnover Grows

Cargo turnover of Baku-Tbilisi-Karsi railroad has nearly doubled, Anadolu news agency reports referring to the Ministry of Transport and Infrastructure of Turkey.

Inert Materials Complex to Invest GEL 1 Million in Mining Works

Inert Materials Complex Company plans to invest around GEL 1 million in mining sand-gravel materials. The investments will be carried out in 2021.