IN Q3, GEORGIAN BUSINESS SECTOR’S TURNOVER INCREASED BY 10% Y-O-Y

In the 3^rd quarter, turnover of Georgia’s business sector totaled to 64.7 billion lari, Sakstat reported. If compared to the same period of 2024, the volume has increased by 10%. More...

IN Q3, GEORGIAN BUSINESS SECTOR’S OUTPUT INCREASED BY 9.7% Y-O-Y

In the 3^rd quarter, output of Georgia’s business sector totaled to 25.4 billion lari, Sakstat reported. If compared to the same period of 2024, the volume has increased by 9.7%. More...

IN Q3, TBILISI ACCOUNTED FOR 79.4% OF GEORGIAN ENTERPRISES’ TOTAL TURNOVER AND 65.9% OF TOTAL OUTPUT

In the 3^rd quarter, Tbilisi accounted for 79.4% in Georgia enterprises’ total turnover (64.7 billion lari), Sakstat reported. A year ago (i.e. in the 3^rd quarter of 2024), share of the capital made up 78.9%. More...

IN Q3, NUMBER OF GEORGIAN BUSINESS’ EMPLOYEES INCREASED BY 2% Y-O-Y, AVERAGE MONTHLY SALARY – BY 10.5%

In the 3^rd quarter, Georgian business sector had 758,000 employees, Sakstat reported. If compared to the same period of 2024, the number has increased by 2%. More...

GEORGIAN SIDE HELD MEETINGS IN THE US IN CONNECTION WITH PLANNED REFINANCING OF EUROBONDS IN 2026

In preparation for refinancing of Georgia’s Eurobonds in 2026, Georgian delegation held meetings with investment and asset management companies in the US.

According to Georgian Finance Ministry and the National Bank of Georgia (NBG), representatives of up to 15 investment companies based in New York and Boston attended meetings organized by JP Morgan, Société Générale, Citi and ICBC. More...

NEW HEAD APPOINTED IN GEORGIAN RURAL DEVELOPMENT AGENCY

Georgian Ministry of Environment Protection and Agriculture reported about appointment of Zurab Gozalishvili as new head at the Rural Development Agency.

According to the Ministry, Gozalishvili has many years of experience in the private sector. More...

“FITCH RATINGS” IMPROVED OUTLOOK FOR “TBC LEASING”

On December 3, Fitch Ratings reported about revision of outlook on the long-term issuer default rating (IDR) of Georgian TBC Leasing from “negative” to “stable”. The rating is affirmed at “BB”. More...

GEORGIAN FINANCE MINISTRY’S INVESTIGATIVE SERVICE DETAINED 3 CITIZENS OF KAZAKHSTAN FOR CUSTOMS RULES VIOLATION

Georgian Finance Ministry’s Investigative Service declared about detention on December 3 of 3 citizens of Kazakhstan on the fact of disposing of especially large volume of fuel, bypassing customs procedures.

According to the Service, the investigation established that heads of LLC Batumi Oil Terminal, bypassing customs procedures, disposed of over 10,000 t of bonded crude oil, which cost exceeds 15 million lari. More...

Batumelebi: “33.33% OF “EAGLE HILLS” SHARES HANDED OVER TO GEORGIA WITH MANAGEMENT RIGHT”

Referring to updated data of Georgian Public Register, Batumelebi reports that 33.33% of Eagle Hills Georgia handed over to Georgia with the management right. The remaining 66.67% belong to the Arab Eagle Hills Development Holding Limited (according to Georgia’s government, this company plans investment of $6 billion in the construction of complexes in Tbilisi and Gonio (Ajara)). More...

Batumelebi: ““AMBASSADORI ISLAND BATUMI” STARTED CONSTRUCTION OF MULTIFUNCTIONAL COMPLEX ON THE ISLAND”

Ambassadori Island Batumi has started construction of a multifunctional complex on an artificial peninsula. The complex will combine residential apartments, a hotel and other infrastructure. More...

Tabula: “POG: SEARCH DECLARED OF A PERSON, WHO FRAUDULENTLY APPROPRIATED 4,775,922 LARI FROM 70 VICTIMS”

Tbilisi city court ordered in absentia the arrest of a person, who fraudulently appropriated funds belonging to 70 victims with total the amount of about 4.78 million lari, and put him on the wanted list.

According to prosecutors, the accused entered into confidence in citizens of different countries and promised to purchase cars for them at auctions in the US and other countries and deliver them to Georgia. More...

Tabula: “TRANSFERRED 3,596,254 LARI TO PERSONAL AND CORPORATE ACCOUNTS – DIRECTOR OF “ISANI COMFORT” ARRESTED”

On the facts of legalization of illegal income, accompanied by receipt of a particularly large income, the director of LLC Isani Comfort (the owner of 49.99% in the company) was arrested.

According to the prosecutor’s office, the accused transferred about 3.6 million lari, paid by 73 citizens for apartments in the Isani Comfort residential complex, to his bank accounts for personal needs. More...

HOTEL PRICE INDEX IN GEORGIA (NOVEMBER 2025)

In November 2025, hotel price index in Georgia decreased by 5.9% month-over-month (MoM), with the largest declines in Guria, Tbilisi, and Samtskhe-Javakheti.

In November 2025, hotel price index in Georgia decreased by 4.2% year-over-year (YoY), with the largest declines in Imereti, Kakheti, and Samegrelo – Zemo Svaneti. More...