The FINANCIAL — National Statistics Office of Georgia published data of Gross Domestic Product of Georgia (2020 II quarter, preliminary data). In Q2 2020 the nominal GDP amounted to GEL 11 210.0 million. The real Gross Domestic Product (GDP) declined by 12.3
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One of Georgia’s largest construction companies, Ecohouse, has transformed itself into a holding company, and acquired ownership of Ecohouse Factory and Ecohouse FIZ. General Director of Ecohouse Davit Morchiladze and Commercial Director Giorgi Perishvili told us that the company plans to introduce
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Contract work is an integral part of many industries and companies regularly hire vendors for all kinds of projects. The most commonly contracted work includes construction, IT, and cleaning services. For these contractors, a vital part of the operation involves ensuring client
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The FINANCIAL -- Tbilisi Business Center is a new project of TBC Bank, which will soon be constructed in the vicinity of Lisi Lake. This will be a complex where not only will TBC Bank’s head office be located, but also a laboratory
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2015 was a very successful year for all the business activities of HeidelbergCement. The company has improved its results considerably in comparison to the previous year. Although, the recent economic changes and devaluation of the national currency have influenced the construction market
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