The world’s one of the leading designing and building companies BergerABAM has won international tender announced for preparing a detailed design for Anaklia deep-water seaport development. According to information from Anaklia Development Consortium, companies, which are included in the list of the world’s top 20 designing companies, have taken part …

The past three months have recorded a decline in profits of commercial banks. In April, net profits constituted 60 million GEL, down 15.5 million GEL compared to March and down 30 million GEL compared to February 2018. In April 2017 net profits of commercial banks made up 37.5 million GEL, …

”Getting the subsoil is quite specific field. There are very few mining companies in our country. This is an important area for Georgia’s economy, but it must be correct to ensure not to cause a harm to nature, ” The executive director of RMG, Johnny Shubitidze, said in his interview …

According to the project, psychiatric hospitals will be built in Telavi and Senaki. The construction site of each hospital will be made in accordance with the agreement signed between the two countries on “Implementation of the Infrastructure Improvement Project of Psychiatric Institutions” and cover approximately 2230 sq.m. Each hospital includes …

Georgian Beer Company has launched production of German Holsten beer. The product appeared in distribution networks today, on May 21. “Genuine lovers of beer always expect novelties from our company. Starting today they are able to taste German premium beer and we believe this product will occupy special place in …

According to Geostat’s research, the unemployment rate is traditionally higher among men than in women. In 2017, the indicator was higher than 2.3 percentage points in men compared to the corresponding indicator of women. In addition, the indicator in 2017 increased by 1.8 percentage points in women compared to 2016, …

Wizz Air airline has deployed the second A-320 modern airplane to Kutaisi International Airport to perform flight from Spain, France, Czech Republic, Italy and Greece. The airline will perform flights from Bucharest and Vienna too, Ketevan Aleksidze, director for Georgian Airports Association told the Commersant radio. “Besides the existing novelties, …

Georgian Railway and German Railway have introduced a joint project at Transport Logistic China 2018, which was held in Shanghai, Georgian Railway officials report. The project calls for organizing multi-modal cargo shipping from Near East to China, Georgian Railway representatives noted. “The route of the mentioned project starts in Duisburg …

In agreement with the Entrepreneurship Development Agency-Enterprise Georgia under the Ministry of Economy and Sustainable Development, a global real estate services company Colliers International Georgia developed investment proposals for large state-owned properties in Georgia. The project covered seven properties at various locations including Akhtala health resort, Goderdzi mountain, Kobuleti and Libani spa resort. The project …

 On May 18 the Embassy of Georgia to the Commonwealth of Australia organized the award ceremony for the winners of Saperavi World Prize contest. The Ambassador of Georgia, H.E. George Dolidze presented awards to seven Australian companies – winners of the contest. The event was attended by the representatives of Australia’s governmental …

Blockchain technologies are gaining momentum in Georgia. Only China and the USA surpass Georgia in currency mining. Despite this advantage, our society has a lot of questions about the nature of this technology. One part even associates it with financial pyramids. What is the real essence of blockchain Technology, and …

Professor Rati Abuladze’s book titled “Time for Political Change” was released. The book is dedicated to the 100th anniversary of the restoration of national independence of Georgia. In the collection there are discussed social-economic processes taking place in the country, economically evaluated political events, the academic way of solving the …