Hungarian low-cost airline Wizz Air is launching a new direct flight that will connect Georgia to Romania. Starting from July 3 Wizz Air will launch flights between Georgia’s western city of Kutaisi and Romania’s capital of Bucharest, the airline company announced. Flights will be performed three times in a week – on Tuesdays, Thursdays and…
The Black Sea Trade and Development Bank (BSTDB) has extended a new medium-term 75 million GEL (about $30 million ro EUR 25 million) loan to the Bank of Georgia aimed at supporting small and medium-sized enterprises (SMEs) in Georgia. It is the second time the BSTDB is offering a loan to the Bank of Georgia…
New infrastructure will be built along the Akhalkalaki-Kartsakhi section of the Baku-Tbilisi-Kars (BTK) railway, the Azerbaijan Railways CJSC said. Tbilisi hosted a regular meeting of the BTK Coordination Council, according to the message. “During the meeting, Georgia’s first deputy prime minister, Minister of Economy and Sustainable Development Dimitri Kumsishvili told the audience about the economic,…
Uzbekistan and Georgia have agreed on cooperation in the field of winemaking and viticulture. As part of the visit of Uzbek working group led by Deputy Minister of Foreign Trade Relations Sahib Saifnazarov to Tbilisi, the parties signed a memorandum, under which leading Georgian experts will visit Uzbekistan to study the raw materials base and…
The Baku-Tbilisi-Kars (BTK) railway project has changed the transport map of Georgia, Prime Minister Giorgi Kvirikashvili said. He made the remarks addressing the ‘Strategic Outlook: Eurasia’ panel at the World Economic Forum in Davos on January 23. Kvirikashvili said that the international projects being implemented and the geographic location of Georgia formed the basis and…
The Asian Development Bank (ADB) has signed a $14.27 million loan agreement with the government of Georgia to upgrade and improve the Tbilisi metro, which currently benefits over 300,000 commuters daily. “The project will help meet the growing demand for reliable, safe, and efficient sustainable transport – a high priority of the government,” said Yesim…
Ukraine sets a task to increase the trade turnover with Georgia up to $1 billion a year and speed up the formation of joint transport bodies for more convenient logistics, Prime Minister of Ukraine Volodymyr Groysman posted on his Facebook page. “During the official visit to Georgia, we once again affirmed mutual commitment to the…