The FINANCIAL — Following the request of the Mountain Resorts Development Company of the Ministry of Economy and Sustainable Development of Georgia, an Austrian-Swiss company, the Doppelmayr Garaventa Group, accomplished the installation of three new Ropeways in Bakuriani. Minister of Economy and
MoreThe FINANCIAL — Minister of Economy and Sustainable Development Natia Turnava, together with Minister of Defence, Irakli Garibashvili, took part in the opening ceremony of a new aircraft assembling enterprise. On the territory of the JSC TbilAviaMsheni, in the newly opened assembling
MoreThe FINANCIAL — National Statistics Office of Georgia published data of Activities of Enterprises in 2019. In the Year 2019 compared to the previous year the volume of business sector turnover increased by 25.9 percent and amounted to 109.0 billion GEL. The
MoreThe FINANCIAL — Georgia’s score and position in the Economic Freedom of the World: 2020 Annual Report is improved to 8,18 points and has been ranked at the 8th position in the top ten countries. Georgia was at the 9th position in
MoreThe FINANCIAL — Executive Directors of World Bank’s have approved EUR 35.7 million to support Georgia’s digital transformation. 1,000 villages will receive better internet connectivity. The Log-in Georgia Project aims to promote the use of broadband-enabled digital services across rural Georgia; also to
MoreThe FINANCIAL — Based on the analysis of the current epidemiological situation, the Interagency Coordination Council under the chairmanship of the Prime Minister has decided to start the learning process in schools and universities on September 15 as usual, in classrooms and auditoria. Head
MoreThe FINANCIAL — At the briefing after the Interagency Coordination Council of the Government, Minister of Economy and Sustainable Development Natia Turnava said, that around 2700 foreigners from neighboring countries of Georgia, as well as from European countries registered application to enter Georgia. Minister of Economy
MoreThe FINANCIAL — Minister of Economy and Sustainable Development met with the CEO of Swiss train manufacturing company Stadler Rail, Peter Spuhler. Natia Turnava announced that Georgia is negotiating with Swiss Stadler Rail AG to open a metro and railway train producing plant. Memorandum of Understanding between the
MoreThe FINANCIAL — Minister of Economy and Sustainable Development of Georgia and U.S. Ambassador Kelly Degnan inspected construction of a new terminal at Kutaisi International Airport. After the renovation, Kutaisi Airport can handle 1200 passengers per hour, quadrupling its previous capacity. Ambassador Degnan also
MoreThe FINANCIAL — The European Bank for Reconstruction and Development, a leading institutional investor in Georgia allocated funds to develop new transmission network in Georgia. The project will be implemented by the JSC Georgian State Electrosystem. Energy Network Strengthening Project is very important for
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