Winemakers and representatives of Georgian and French viticulture have gathered in the Georgian capital of Tbilisi to discuss how to introduce modern technologies in winemaking. As part of the VINITECH innovative tour, wine professionals from Bordeaux, hub of the famed wine-growing region of France, are visiting Georgia and attending a conference to discuss new methods…
Georgia’s external trade amounted to $4.95 billion in January-May, up by 1% YoY, says the National Statistics Office of Georgia (Geostat). In the reporting period the value of Georgian exports increased by 14.2%, to $1.46 billion, while the value of imports decreased by 3.6%, to $3.49 billion. Georgia’s trade deficit came out to $2.02 billion,…
Georgia’s three international airports serviced 1,912,352 passengers in January-May, up by 19% YoY, says the United Airports of Georgia. The number of passengers who took regular or charter flights in Georgia increased in all three main airports of the country: Tbilisi Shota Rustaveli International Airport, Batumi Aleksandre Kartveli International Airport and Kutaisi David Aghmashenebeli International…
The Asian Development Bank (ADB) is financing repair work on the Tbilisi Metro system with $15 million, announces Tbilisi Mayor Kakha Kaladze. The repair work includes the installation of new cables, 32 European standard ventilation systems and 28 airing tunnels. “We have a very difficult situation in Tbilisi Metro in terms of electric wiring. Since…
About 20.1% of Georgia’s population is under the absolute poverty line, shows the latest data of 2018 poverty indicators published by the National Statistics Office of Georgia (Geostat). Georgia’s population has slightly decreased, reaching 3,723,500 people as of January 1, says another data from Geostat. Most people under absolute poverty line live in the country’s…
The Georgian national currency, the lari, has depreciated in value against the US dollar and the euro in recent days, with $1 costing 2.7799 GEL, while 1 EUR costs 3.0954 GEL. Georgian Prime Minister Mamuka Bakhtadze says that “it seems this is a short-term effect and this will be regulated in the nearest future”. Bakhtadze…
An education and science town complex will be built in Georgia’s Black Sea resort town of Batumi, announced Georgian Prime Minister Mamuka Bakhtadze. “We will build the most modern educational space in Batumi. We have very talented children in Adjara region and this project will be implemented for them”, said Bakhtadze, while presenting the project…