Economy

Sani Sener: TAV Airports Takes Serious Steps to Make Georgia the Largest Hub in the Region

For 14 years, TAV has invested $ 220 million in Tbilisi and Batumi international airports, says TAV Holding President Sani Sener. 

One Year of Producing Electricity at the Shuakhevi HPP

The Shuakhevi Hydropower Plant (HPP), the largest energy project in the history of independent Georgia, began operating in the spring of 2020 and has been safely generating electricity for more than a year without any technical challenges.

Zurab Noghaideli: Growing Domestic Generation is the Fundament for Georgia’s Energy Security

Today, electricity imports from Azerbaijan essentially exceed the imports from Russia. Though, we cannot yet replace Russian electricity imports entirely

AFBA discloses ESCO for violating the rules of issuing public information

The Association of Young Financiers and Businessmen (AFBA) has accused the electricity market operator (ESCO) of violating the rules for issuing public information. According to the non-governmental organization, legal actions will be taken.

Georgia to Receive $107 Million in Exports to EU in Last Two Months

In the months of January and February in 2021, $107 million worth of goods were exported from Georgia, which is $1.4 million less than in 2020.

Georgian Wool to Export Mattresses to Foreign Markets

Georgian Wool Company plans to launch exports of mattresses to foreign markets, including in Greece, where the first test batch will be sent in 2 weeks.

WizzAir Cancels Part of Summer Season Flights from Kutaisi

Hungarian airline Wizz Air has canceled part of its 2021 summer flights from Kutaisi Airport. According to the company, flights to Germany and Italy have been canceled.

AYFB: It’s Unclear why ESCO Abstains to Publish Differentiated Tariffs of Imported Electricity

“I doubt that ESCO has been involved in questionable deals”, Giorgi Kapanadze, head of the Association of Young Financiers and Businessmen (AYFB) noted.