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Georgia Secures New Investor for Kulevi Oil Refinery Project

The Kulevi oil terminal is a strategically important facility located on the Black Sea coast of Georgia. The terminal was built in 2007 and was initially operated by a Kazakh company, KazMunayGas. In...

Economics 1678775627

Georgia to Restrict Import of Old Cars from 2024

The Georgian government's decision to limit the import of old cars in the country from 2024 is a part of their efforts to reduce harmful emissions and improve air quality. The introduction of the Euro...

Economics 1678184152

ვაგონმშენებელი ქარხანა
Tbilisi Electric Locomotive Factory is up for Sale for ₾48.8 million

The National Bureau of Enforcement is currently auctioning off the real and movable property of "Elmavalmshenebli" joint stock company, which is located at Guramishvili Avenue, N84 in Tbilisi.Accordin...

Economics 1678184024

TBC Bank 2022 Profit Grows on Higher Net Interest Income

TBC Bank Group PLC on Wednesday reported a profit rise in the final quarter of 2022 and in the full year, as net interest income jumped on higher interest rates.For the last quarter of 2022, the Tbili...

Economics 1677657600

Georgia-Ukraine Trade Hit by War

In the beginning of 2023, Georgia-Ukraine trade turnover was $22.5 million, down by 65.6% from January last year due to the Russia-Ukraine war. Ukraine was previously a top trade partner but dropped t...

Economics 1677657533

ანაკლიის პორტი
Georgia's Anaklia Port Construction Begins This Year

On Monday, the Georgian Prime Minister Irakli Garibashvili announced that the government is commencing the official action plan for the construction of Anaklia Port. The project will be a joint ventur...

Economics 1677128587

კალაძე ბელიაშვილი
Tbilisi to Fix 12 Problematic Junctions in New Street Design Plan

Starting today, Tbilisi City Hall, led by Mayor Kakha Kaladze, will begin fixing 12 problematic junctions in the capital, beginning with the intersection of Beliashvili and Balanchini streets. This in...

Economics 1676869647

2022 Trade
2022 Trade Report: Top Companies Exporting and Importing between Georgia and Ukraine

In 2022, Ukraine ranked 9th among Georgia's foreign trade partners with a 2.7% share, compared to its 6th place in 2021. According to the National Statistics Office of Georgia, the trade turnover betw...

Economics 1676352913

Georgian Railway Aims for Significant Increase in Freight Turnover to 48 Million Tons

The Georgian Prime Minister Irakli Garibashvili held a meeting with the Vice Prime Minister, Minister of Economy and Sustainable Development Levan Davitashvili, Deputy Minister Guram Guramishvili, and...

Economics 1676352720

From April 1, category A taxis will be able to pick up and drop off passengers in Tbilisi on the bus lane

Taxi drivers of category A will be able to pick up and drop off passengers in the bus lane from April 1, said the mayor of the capital, Kakha Kaladze, at the presentation of the third stage of the tax...

Economics 1675335389