Katarina Mathernova, Deputy Director-General for Neighborhood and Enlargement Negotiations at the European Commission has met EU project beneficiaries in Kvareli, Telavi and Lagodekhi to highlight EU support for the territory “The European Union has supported Kakheti for many years,” said Mathernova. “I met with people whose lives have improved...
Camille Bloch is planning to grow hazelnut in Georgia for its chocolate. The government of Guria have expressed mutual interest in developing hazelnut plantations and introducing new technologies to the sector. produces two popular brands of chocolate – Ragusa and Torino. GeoNuts he largest Hazelnut in grower in Georgia...
Georgia is strengthening trade relations with EU, CIS and other countries. In January-May 2018, trade turnover with European Union (EU) countries increased by 23% year-on-year (y/y) and amounted to $1.34 billion, shows the datafrom the National Statistics Office of Georgia (Geostat). Exports were worth $295.7 million (13.7% higher), while...
Van Oord is the company that won the tender for construction of Anaklia Deep Sea Port announced by Anaklia Development Consortium (ADC). Van Oord was selected based on its technical and commercial offer. Within a month, Georgia and Anaklia will receive one of the most advanced and technically capable dredging vessels ever...
President of Italy Sergio Mattarella and Minister of Economic Development Michele Geraci have visited Georgia this week and met with Ministers of economics and sustainable development Giorgi Arveladze and Genadi Chikovani to discuss trade and economic relations between Georgia and Italy and opportunities for increased cooperation The meeting also...
Income from tourism in Georgia has increased in 2018. In first six months of the years tourism has bought $1.36 billion to countries economy. The most of the amount was recorded in June with $325 million, which is 22% increase from the same period of last year According to...
Ministry of Economy and Sustainable Development has released the statement on its official website that Government of Georgia and Government of People’s Republic of China have conducted on the first Draft Agreement of International Passenger and Freight transportation between two countries on July 3-4 The Ministry of Economy has...
Number of passengers in leading airports of Georgia, Airport of Kutaisi and Airport of Tbilisi has increased by 30% and 28% this year, resulting in total 30% rise in passengers around the country (2,103,151 Passengers) Batumi Airport has shown increased activity as well with 44% grows from 133,424 to...
Georgia’s Minister of Finance, Nikoloz Gagua, signed loan and grant agreements yesterday with the Managing Director of the Scandinavian Environment Finance Corporation (NEFCO) and its head investments manager. NEFCO has decided to invest 2.83 mln EUR in a project to help make public buildings in Georgia more energy efficient....
On July first The prime minister of Georgia has announced that small businesses will be taxed with new regime and will pay minimum tax burden (1%) this has also given the new definition to small businesses, whose annual income does not exceed 500 000 GEL New regime has already...