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Ryanair to Launch flights to the Georgian Aviation Market Tomorrow

Ryanair to Launch flights to the Georgian Aviation Market Tomorrow

Irish low-cost airline Ryanair is launching regular flights to Tbilisi and Kutaisi. The first flight will take place at Tbilisi International Airport on November 6. On October 24, 2019, the airline was granted a permit by the Civil Aviation Agency of the Ministry of Economy and Sustainable Development of Georgia. Flights to Milan-Tbilisi-Milan, Marseille-Kutaisi-Marseille and […]

Wine Village to be Built in Kvareli

Wine Village to be Built in Kvareli

A new platform for wine-loving businessmen has emerged in the market, a tourist-active zone – the Wine Village. According to Giorgi Begadze, founder of 7S project, the project will be implemented in Kakheti, Kvareli in particular, with a total cost of $ 76,000 in GEL. Specifically, the idea behind the project is that the company […]

Georgian Wine Participates at the Stockholm Exhibition

Georgian Wine Participates at the Stockholm Exhibition

One of the largest wine and food exhibition, “Stockholm Food and Wine 2019”, was held in Stockholm, Sweden, with 12 Georgian wine producers participating with the support of the National Wine Agency. The exhibition is very popular in the Scandinavian region and is visited by over 40,000 wine professionals and consumers each year. Participating in […]

VVINE – Online Wine-making as 2.0 Version of Vineyard

VVINE – Online Wine-making as 2.0 Version of Vineyard

Bacho Khachidze and his friend, Ilia Datunashvili came up with this idea in Kakheti, during Rtveli, which they conveyed in one sentence: “Grow a vine anywhere in Georgia in your friend’s or your name and receive a bottle of wine from your very own vineyard” Filled with enthusiasm, the authors of global startup Treepex became […]

Number of Exported Wines Increased by 20% Compared to Last Year

Number of Exported Wines Increased by 20% Compared to Last Year

According to the data of January-October 2019, 75,6 million bottles (0.75 liters) of wine have been exported to 53 countries around the world, which is 11% higher than the same period in 2018. Exported wine costs reached 195 million USD, which is 20% higher than in the same period in 2018. Exports to strategic Georgian […]

Container Shipments Increased by 34%

Container Shipments Increased by 34%

Georgian Railway has delivered 64,000 containers (TEU) in the 10 months of 2019, which is a record figure. This data is 34% more than the same period last year and is double compared to 2016 data. The total volume of freight transported by the Georgian Railways this year, excluding crude oil, is 8,57 million tons, […]

Georgia on 7th Place in World Bank Doing Business 2020 Ranking

Georgia on 7th Place in World Bank Doing Business 2020 Ranking

Georgia ranked the 7th place in the Ease of Doing Business 2020 among the 190 countries covered by the World Bank Group annual report. Compared to the previous year, Georgia’s ranking has been worsened by one position, as the country ranked sixth in the 2019 report. In 2020 report Georgia has 83.7 scores, improved by 0.2 […]

Alexander Benard: Here is the Best Business Environment in the Region and the Opportunities are Vast as Well

Alexander Benard: Here is the Best Business Environment in the Region and the Opportunities are Vast as Well

Within the frames of the Tbilisi Silk Road Forum, representatives of the leading international organizations and private companies continue to evaluate Georgia’s investment market. At the Panel “Facilitating Impact Investment”, the Senior Managing Director of Cerberus Frontier, Alexander Benard, highlighted the company’s interest in Georgia and the country’s business-friendly sectors. The representative the American so-called […]

Trammo Senior Vice President: Georgia is Comfortable in Terms of Ease of Doing Business

Trammo Senior Vice President: Georgia is Comfortable in Terms of Ease of Doing Business

William Markstein, the Senior Vice President and the Chief Financial Officer of the Trammo, at the Tbilisi Silk Road Forum Panel Discussion: Invest2Succeed, Session I – Georgia Rising – Facilitating Impact Investment, talked about the prospects of establishing logistic hub in Batumi. William Markstein explained that he meant the freight transportation from Central Asia to […]