Economy

Hazelnuts Exports Double in January-April

After the 3-year collapse, hazelnuts exports keep growing for the second year. Namely, in January-April Georgia exported hazelnuts of $31 million to foreign markets, up 109% year on year.

10 Best-Selling Products Made in Georgia on Foreign Markets

In January-April 2021 the exports of Georgia (excluding non-declared exports) equaled 1.2 billion USD, 19.6 percent higher year-on-year, - show the data published by Geostat.

Georgia’s Electricity Consumption Grows by 5%

Georgia’s electricity consumption has increased by 5.1%, the statistics published by the Electricity System Commercial Operator (ESCO) reads.

Airplane Compound Materials Manufacturing Company ATC Expands Production Line

Despite losses amid the pandemic, the airplane compound materials manufacturing company ATC has launched new projects.

EBRD Regional Director: Besides Wind and Solar Power Stations, Georgia Should Also Develop Hydro Power Plants

Georgia uses only 20% of its hydropower potential, Catarina Bjorlin Hansen, regional director of the European Bank for Reconstruction and Development (EBRD) for the Caucasus noted.

Georgia Received $5 Million in Beer Exports in 2020

In 2020, beer exports from Georgia increased.

Georgian Company Established First Commercial Avocado Farm

The Georgian Geonuts Company has established the first avocado farm on six hectares in Lanchkhuti municipality, Guria.

Batumi’s New Multimodal Terminal Starts Cargo Services

Batumi’s new multimodal terminal has started serving cargoes.

State to Spend $3 Million at the First Stage on Establishing National Drug Quality Lab

It takes at least $ 3 million to set up a drug quality lab. The Deputy Minister of Health Tamar Gabunia stated about it.