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Georgia appoints new heads of key energy sector companies

Georgia appoints new heads of key energy sector companies

business-economics2 days ago

Several leadership changes have been made in major Georgian energy companies under the supervision of the Ministry of Economy and Sustainable Development. According to the Ministry, new appointments have been made at the Georgian State Electrosystem...

Georgia pays more for Russian gas than Azerbaijani for first time in over two decades

Georgia pays more for Russian gas than Azerbaijani for first time in over two decades

business-economics2 days ago

Georgia's National Statistics Office (GeoStat) released a data, according to which, in the first quarter of 2025, the country paid more for natural gas imported from Russia than from Azerbaijan for the first time in over 20 years. From January to Ma...

Tbilisi’s Rike Tubes sold to new private owner

Tbilisi’s Rike Tubes sold to new private owner

business-economics3 days ago

Rike Tubes in Tbilisi, located on Europe Square, have been sold by businessman Davit Khidasheli’s company Global Victory Trust. The new owner is a recently established firm named Rike Dom LLC. The ownership change was officially registered in the Pu...

Uzbek airline Fly Khiva launches flights to Tbilisi

Uzbek airline Fly Khiva launches flights to Tbilisi

business-economics6 days ago

Tbilisi International Airport, operated by TAV Georgia, has welcomed the first passengers from Tashkent brought by Fly Khiva, a newly operating Uzbek airline. The carrier has officially launched operations on the Tashkent–Tbilisi–Tashkent route, with...

Transavia France launches direct flights to Tbilisi

Transavia France launches direct flights to Tbilisi

Business-Economics04.14.2025

French low-cost carrier Transavia France has officially launched operations at Tbilisi International Airport. The airline, a subsidiary of Air France and Transavia Airlines, made its debut with a Boeing 737-800 arriving from Paris Orly Airport. The ...

Georgian pension assets dip by ₾102 mln following Trump’s tariff decision

Georgian pension assets dip by ₾102 mln following Trump’s tariff decision

Business-Economics04.11.2025

Georgia’s pension assets saw a drop of 102 million GEL (1.7%) following a global market downturn sparked by US President Donald Trump’s announcement on April 3 to impose tariffs worldwide. According to the latest operational statistics from the Geor...

Georgian Airways to launch new flights to Russia’s Yekaterinburg

Georgian Airways to launch new flights to Russia’s Yekaterinburg

Business-Economics04.07.2025

Georgian Airways has announced plans to expand its flight network to Russia this summer, with a new route to the city of Yekaterinburg. The move comes amid “growing passenger demand” following the resumption of direct air travel between the two count...

Dairy company Sante issues statement amid milk scandal

Dairy company Sante issues statement amid milk scandal

Business-Economics04.01.2025

Sante, one of Georgia’s largest dairy companies, has issued a statement regarding the recent investigative report by Radio Liberty. “Sante has been the largest milk processing company in Georgia since 1997, collecting and processing up to 20 million...

Georgian pro-government businessman’s farm used banned chicken manure as cattle feed

Georgian pro-government businessman’s farm used banned chicken manure as cattle feed

Business-Economics04.01.2025

Kvareli Baga, Georgia’s largest raw milk farm owned by pro-government businessman Lasha Papashvili, fed its cows chicken manure, a practice banned in the European Union, an investigation by Radio Liberty uncovered. The milk produced by Kvareli Baga ...

IT, professional services lead 7.7% economic growth in February, Geostat chair

IT, professional services lead 7.7% economic growth in February, Geostat chair

Business-Economics03.31.2025

Georgia’s economy expanded by 7.7% in February 2025 compared to the same period last year, preliminary estimates from the National Statistics Office of Georgia (Geostat) said on Monday. The average growth rate for the first two months of the year sto...

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