Economy

John Braekeveldt: Freight Traffic between Europe and Georgia should Be Simplified

Logistics Hub – Georgia – this project is being discussed in Georgia 10 years ago, but no real steps have been taken yet, John Braekeveldt, chairman of the Board of European Business Association Georgia (EBA Georgia), noted.

Part of Amendments to Competition Law Takes Effect on November 4

Part of amendments to the Competition Law adopted by the Parliament of Georgia in September 2020 has taken effect on November 4.

Annual Inflation Rate in October Marked 3.8%

The inflation growth pace has slowed down. According to Geostat, the National Statistics Service of Georgia, in October the annual inflation rate marked 3.8%, analogically to September.

Adjara Textile to Complete Construction of the Enterprise in Rustavi by the End of November

Adjara Textile will complete the construction of the enterprise started in Rustavi during the pandemic at the end of November.

Agro Business Association Founded in Georgia

Georgian Agro Business Association (GABA) was founded on October 2, 2020, with the aim to unite the Georgian agriculture sector representatives.

Germany Allocated Additional €20.8 Million to Georgia to Fight COVID-19

The German government has allocated an additional € 20.8 million to Georgia to fight COVID-19 .

Georgia's Economic Growth Rate will be 5.5% Per Year in 2021-2025

In 2021-2025, Georgia's economic growth rate will be 5.5% annually, - said the Minister of Economy and Sustainable Development of Georgia Natia Turnava after the government session.

WIZZ AIR is Expected to Restore its Base in Georgia in Spring

Wizz Air is expected to restore its base in Georgia in the spring, - the Minister of Economy and Sustainable Development Natia Turnava said.

Turkish Airlines to Launch Multiple Charter Flights to Georgia in November

Turkish air company - Turkish Airlines will launch multiple charter flights to Georgia in November.