Up to 400 striking workers of IDS Borjomi blocked entrances of both bottling plants of the mineral water on Monday, demanding payment of their salaries, reinstatement of 50 “illegally fired employees” and humane working conditions. They claimed tha...
In May 2022 the Consumer Price Index increased by 1.1 percent compared to the previous month, while the annual inflation rate amounted to 13.3 percent, the National Statistics Office of Georgia said on Friday. The agency said that the monthly in...
In 2021 the average monthly incomes (cash and non-cash inflows) of the population in Georgia amounted to 1 360.2 million GEL, which is 13.9 percent increase compared to 2020, the National Statistics Office of Georgia (Geostat) said on Wednesday, stat...
Opportunities for opening an IT and Service Delivery Centre in Georgia, as well as “favourable investment climate existing in the country” have been discussed between Georgian PM Irakli Garibashvili and Amy Weaver, CEO of Salesforce, the largest comp...
Alpha Group of a sanctioned Russian oligarch Mikhail Fridman, which is a key stakeholder in the Georgian mineral water producer Borjomi, is ready to hand a part of shares to the Georgian government for a local IDS Borjomi to resume operations and th...
A study of the fuel market by the Georgian Competition Agency has found that the effect of rising fuel prices on the local market was not in line with rising fuel prices on the international market, Minister of Economy and Sustainable Development of ...
In April 2022 the Consumer Price Index increased by 1.8 percent compared to the previous month, while the annual inflation rate amounted to 12.8 percent, the National Statistics Office of Georgia (Geostat) said on Tuesday. The agency says that t...
Both bottling plants of the Georgian mineral water Borjomi have been temporarily shut down due to sanctions imposed on Russia,as Russian billionaire, businessman Mikhail Fridman, whose Alfa Group has had a controlling stake in the company since 2013,...
In January-March 2022, the foreign trade turnover of goods increased compared to previous years, the National Statistics Office of Georgia (Geostat) has stated. The turnover of the first quarter of the current year is ahead not only of the data f...
Georgian Minister of Economy and Sustainable Development Levan Davitashvili stated today that the price of fuel is expected to go down soon in the country thanks to newly signed contracts. The minister has not specified with whom the contacts had b...
