2 hours ago · IN 2024, “WIZZ AIR” REMAINED A LEADER IN GEORGIA IN TERMS OF TRANSPORTED PASSENGERS, ALTHOUGH ITS SHARE DECREASED. In 2024, Hungarian low-coster Wizz Air transported the largest number of passengers through the airports of Georgia, Georgian Civil Aviation Agency reported.. In total number, this airline accounted for 17% (against of 21% in 2023), or 1.26 million passengers (year-on-year ...

23 hours ago · GEORGIAN ECONOMY MINISTRY: AUSTRIAN COMPANIES INTERESTED IN ENERGY POTENTIAL OF GEORGIA. During his visit to Austria, Georgia’s Deputy Minister of Economy and Sustainable Development Gennady Arveladze held meetings with representatives of Austrian companies ANDRITZ Hydro and EVN to discuss opportunities for cooperation in the energy sector of Georgia, Georgian Ministry of Economy and ...

3 days ago · REGULATING COMMISSION TO MAKE DECISION AFTER FULL EXAMINATION OF “TBILISI ENERGY” ISSUE. On February 17, Georgian National Energy and Water Regulating Commission held a hearing about emergency shutdown of the gas pipeline, owned by Tbilisi Energy (gas supply to Tbilisi).. According to chairman of the Commission David Narmania, the company was instructed to present in writing the detailed ...

2 hours ago · The National Bank of Georgia (NBG) reported about visit of delegation of the World Bank experts, who aim strengthening of payment infrastructure and introduction of instant payment system in the country. As NBG said, main purpose of the visit was discussion of important issues, related to ...

1 day ago · “SCOPE RATINGS”: WE BELIEVE THAT MICROBANK SECTOR IN GEORGIA WILL GROW RAPIDLY. We believe that due to the possibility of providing larger loans, the microbank sector in Georgia will grow rapidly, German-based credit rating agency Scope Ratings said in the publication.. Assuming an annual growth in lending by 20%, Scope forecasts that volume of the sector may reach 1 billion lari by 2026.

Feb 12, 2025 · “TI GEORGIA”: SANCTIONS IMPOSED BY WESTERN COUNTRIES AND INTERNAL POLITICAL CRISIS HAVE ALREADY PARTIALLY AFFECTED THE GEORGIAN ECONOMY. Sanctions imposed by Western countries and the domestic political crisis have already partially affected the Georgian economy, says TI Georgia, Georgian branch of Transparency International. “The economic growth rate has slowed, the population is ...

Feb 14, 2025 · “GALT&TAGGART”: FROM JULY, NEW DIRECT CONSUMERS WILL APPEAR ON GEORGIAN ELECTRICITY MARKET. Because of legislative amendments, new direct consumers will appear on Georgian electricity market from this July, Galt&Taggart said in the review. In particular, the market concept implies mandatory registration as a direct consumer for all companies connected to the 35-110 kV network, and for ...

Feb 13, 2025 · “GALT&TAGGART”: IN 2024, GROWTH OF ELECTRICITY CONSUMPTION RESUMED IN GEORGIA. In 2024, electricity consumption in Georgia returned to an upward trend following the previous year’s low base, Galt&Taggart said in its market review. In particular, in 2024, the country’s total consumption made up 13.834 GWh, increasing by 6% (against of 7.9% decrease in 2023).

Jan 24, 2025 · IN 2024, GEORGIA’S EXPORT TO TURKEY INCREASED BY 12%, IMPORT FROM TURKEY – BY 7.6%. In 2024, Georgia’s commodity export to Turkey amounted to $458.38 million (year-on-year growth – 12%), Sakstat reported (estimation). In Georgia’s total export, share of this country made up 7% (6 th position among Georgia’s trade partners) against of …

Information Agency based in Tbilisi, Georgia, covers economic and business events and trends in Georgia since 1992.