Bulgaria and Georgia Discuss Cooperation in Transport and Communications

Bulgaria and Georgia Discuss Cooperation in Transport and Communications

The rich potential of cooperation exists between Georgia and Bulgaria, especially in the areas of transport and communications. Full deployment of this potential in the Black Sea neighborhood acquires great importance. It was noted at the meeting between the Prime Ministers of Georgia and Republic of Bulgaria held within the scope of the World Economic […]

Container Shipping Rates by Transcaspian International Transport Route (TITR) are Record High

Container Shipping Rates by Transcaspian International Transport Route (TITR) are Record High

Under the leadership of Director General David Peradze, the Georgian Railway delegation attended the meeting of the International Association of Transcaspian International Transport Route (TITR) in Almaty, Kazakhstan. Members of the Association summarized the results of 2019 and noted that in 2019 the container freight shipped by the Caspian Sea increased by 71% (10.7 tens […]

Natural Grape Wines is Most Exported Product from Georgia to Russia

Natural Grape Wines is Most Exported Product from Georgia to Russia

As of the official data of Geostat, Russia is the second-largest export market of Georgia (491.1 million USD). The 1st export market in Azerbaijan by 1.6 million USD (498.7 million USD). The 3rd is Armenia, the commodity of 412.2 million USD that has been exported from Georgia in 2019. According to Statistics, the wine was […]

Energy Sector in New Reality

Energy Sector in New Reality

“The year of 2020 will be decisive in terms of liberalizing the Georgian electricity market, while full liberalization will be achieved in 2021”, Maia Melikidze, member of the Georgian National Energy and Water Supply Regulatory Commission (GNERC) told the Business Partner TV program. In 2017, Georgia took up the obligation to liberalize the energy market […]

New Airline to Appear on the Georgian Market

New Airline to Appear on the Georgian Market

New airline Aero Georgia will appear on the Georgian market according to Igor Aptsiauri. Works to establish the company have been underway for three months. A private investor is set to invest USD 5 million for the first stage. The certification process is likely to begin in late March. “We will have one board for […]

Shuttle Service Project Approved – Kutaisi Airport will Connect to Kopitnari Railway Station

Shuttle Service Project Approved – Kutaisi Airport will Connect to Kopitnari Railway Station

Kutaisi International Airport will connect to Kopitnari Railway Station – the Georgian government has made the decision and approved the project as well. According to Natia Turnava, the Minister of Economy and Sustainable Development, the government has approved the project connecting Kutaisi International Airport and Georgian Railway. “We are implementing the Kutaisi International Airport Expansion […]

Zugdidi Hosts 4th Conference of Hazelnut Growers Association

Zugdidi Hosts 4th Conference of Hazelnut Growers Association

Zugdidi has hosted the 4th conference of the Georgian Hazelnut Growers Association (GHGA). Key objective of the event was to introduce an annual report for the association members, donors and nongovernmental sector. The conference was unveiled by the association director Giorgi Todua, who introduced the annual report, talked about achievements and plans. Farmers elected the […]

Trammo to Invest 20 million USD in Building Batumi Seaport’s New Terminal

Trammo to Invest 20 million USD in Building Batumi Seaport’s New Terminal

Archil Talakvadze, chairperson of the Parliament of Georgia has met with the executive director of New York based corporation Trammo and the managing board members. According to the Parliament’s press office, Trammo plans to invest 20 million USD in Georgia and build a new terminal at Batumi Seaport to direct cargo consignments from Asia to […]

Georgia Caries out First Major Exports of Educational Model to Kazakhstan

Georgia Caries out First Major Exports of Educational Model to Kazakhstan

Mikheil Batiashvili, head of the supervisory board of Business and Technology University, and Manana Ugulava, head of the Hospitality Management Institute, are conducting meetings with government members of Kazakhstan on exports of Georgia’s educational model. The Parties signed the memorandum on the mentioned cooperation in Nur Sultan on February 10. The agreement calls for working […]