Economy

Giorgi Chogovadze: Kutaisi Airport will Be 4 Times Bigger in 2020

Kutaisi airport terminal expansion works are being carried out in intense regime.

Wizz Air Postpones Launch of Six New European Destinations from Kutaisi

Hungarian low-cost airline Wizz Air has postponed the launch of six new European destinations from Georgia's Kutaisi for a month, the airline press service said, Trend reports via Georgia Online.

How to Hasten Economic Growth in Georgia – Recipe by IMF President

President of the International Monetary Fund (IMF) has answered questions about Georgia’s economic growth.

Charter Flights Between Republic of Korea and Georgia Appointed

The Civil Aviation Agency of the Ministry of Economy and Sustainable Development of Georgia satisfied the request of the Korean Air Company on the implementation of charter air traffic between South Korea and Georgia.

PM: Our goal is to Increase Payroll of teachers to 1500-1800 GEL a Month

"It is a great tragedy for me that average payroll of teachers is even below an average statistical salary in the country and it is absolutely unacceptable" stated Mamuka Bakhtadze.

US to Fund Poti Terminal Construction by 50 million USD

The US Government plans to fund Poti Terminal construction works. OPIC will allocate 50 million USD for constructing deep-water seaport of Pace Terminal.

Geostat Sets New Subsistence Minimum - 164 GEL

Subsistence Minimum for an average employable man has increased to 185 GEL in April 2019. According to the National Statistics Office of Georgia (Geostat), the same indicator amounted to 181,2 GEL in March. 

Ryanair might Start Flights to Tbilisi and Kutaisi in the Nearest Future

Giorgi Chogovadze, Director General of "Georgian Airports Association", said that the agreement with low-cost airline "Ryanair" will be signed in the near future.

Production of Solar Panels to Start in Kutaisi

Solar panels production is about to start in Kutaisi at free industrial zone of Hualing.