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Monthly Archives: April 2019

Finance Minister Discussed New Bank Regulations and Pension Reform

Minister of Finance of Georgia, Ivane Matchavariani paid the visit to the Parliament of Georgia. He discussed new bank regulations, pension reform and other important topics at the hearing of the Budget and Finance Committee.  Minister was asked to come to the Parliament by two factions from parliamentary minority – …

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Georgia’s Top Export Items to EU in January-March

Copper ores and concentrates, motor cars and ferroalloys are Georgia’s top export items in January-March 2019, announces the National Statistics Office of Georgia (Geostat).  More specifically, copper ores and concentrates reclaimed the first place in the list of top export items, equalling $135.6 million, or 16.4% of total exports. The re-export …

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Air Malta to Perform Direct Flights from July 3

According to Interco Travel Group, as a result of their active work, a new member of the Georgian aviation market will be added. From July 3, 2012, Air Malta will perform direct regular flights to Tbilisi. Flights will be performed every Thursday. “Interco Travel Group”, as a commercial representative of …

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Agroinsurance Protects Farmers from Natural Disasters

TBC Insurance offers farmers to ensure harvest. Agroinsurance program is co-financed by the Agriculture Projects Management Agency, covering 50% of the cost of insurance in case of vine culture and co-financing of other cultures is 70%. Agrinsurance farmers protect farmers from unexpected expenses that may result in terms of natural …

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TBC Regional Business Forum held in Imereti

With the organization of TBC, a series of large business forums continues in the regions of Georgia. After Adjara, TBC Business clients have now gathered in Imereti. The event was held in Tskhaltubo and around 300 representatives of the businesses operating in the Imereti region participated. Business experts provided information …

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EU4Climate Projects to Improve Climate Policies kicks off in Georgia

Focusing on Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine, the EU4Climate project will support countries to implement the Paris Agreement on Climate Change, improve climate policies and legislation, and reduce the impact of climate change on people’s lives. In all six countries, the EU4Climate project is being implemented by the …

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Wizz Air Aircraft Delivers First Airbus A321NEO Type Plane

Wizz Air, the largest Central and Eastern European low-cost carrier, has taken delivery of its first of 184 A321neo aircraft on order at an event in Hamburg, with József Váradi, CEO Wizz Air and Christian Scherer, Airbus Chief Commercial Officer. The new generation aircraft is powered by two Pratt & …

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