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DAILY NEWS March 19, 2025

IN 2024, GEORGIA’S AGRI-FOOD EXPORT INCREASED BY 17%

In 2024, Georgia’s export of agri-food production totaled to $1.68 billion, Georgian Ministry of Environmental Protection and Agriculture reported. If compared to 2023, the volume has increased by 17%. More...


IN 2024, GEORGIA’S AGRI-FOOD IMPORT INCREASED BY 8.8%

In 2024, Georgia’s import of agri-food production totaled to $2.2 billion, Georgian Ministry of Environmental Protection and Agriculture reported. If compared to 2023, the volume has increased by 8.8%. More...


GEORGIAN MINISTRY OF ENVIRONMENT PROTECTION AND AGRICULTURE: REGIONAL PROJECT TO BE IMPLEMENTED TO REDUCE BLACK SEA POLLUTION WITH PLASTICS

A new 4-year regional project is planned, one of which goals is to reduce pollution of the Black Sea with plastics, Georgian Ministry of Environment Protection and Agriculture declared.

This project, along with current cooperation and future prospects, was discussed today at a meeting in the Ministry with the director of the Austrian office of the UN Office for Project Services (UNOPS) Simonetta Siligato. More...


RULE TO BE ESTABLISHED, DETERMINING FEE FOR RENEWAL OF LICENSE FOR USE OF RADIO FREQUENCY SPECTRUM BY DIGITAL BROADCASTING NETWORK IN GEORGIA

Georgia’s parliament considers legislative amendments, which establish rule, determining the fee for renewal of licenses for use of the radio frequency spectrum by digital terrestrial TV networks. The regulatory commission will establish a fee on a case-by-case basis, taking into account international practice. More...


NBG: “GEORGIA CREDIT INFO” ACCOMPLISHED TESTING IN REGULATORY LABORATORY

CreditInfo Georgia (credit information bureau) accomplished the final stage of testing in the regulatory laboratory of the National Bank of Georgia (NBG), NBG reported.

A regulatory laboratory is a framework, created to test innovative financial services or products in a pilot environment. More...


TBILISI CITY HALL PLANS TO ARRANGE NEW BUS LANES AND OPTIMIZE TRANSPORT HUBS

“Traffic jams in Tbilisi are a serious problem”, Tbilisi Mayor Kakha Kaladze declared at the city government meeting today, indicating that “We have our own vision regarding what must be done and streamlined”.

According to the Mayor, in parallel with the rehabilitation of streets and avenues, it is planned to arrange new bus lanes. More...


TBILISI MAYOR: WITHIN PROJECT ON EMERGENCY HOUSES REPLACEMENT, CONSTRUCTION IS CARRIED OUT AT 3 LOCATIONS

Within the project on replacement of emergency houses, construction is being carried out at 3 addresses, Tbilisi Mayor Kakha Kaladze said at the city government meeting today.

According to the Mayor, a 10-story residential building will be built instead of a 3-story emergency building in Samgori district, and 29 families will receive apartments. More...


KUTAISI COURT REVEALED DEFECT IN REQUEST OF BANKRUPTCY PROCEEDINGS BY “CHIATURA MANAGEMENT COMPANY”

Chiatura Management Company (operator of manganese mining and processing enterprise in Chiatura) filed an application with the Kutaisi City Court, requesting launch of bankruptcy proceedings.

As Association of Trade Unions of Georgia reported, the court found a flaw in the company’s application. More...


ECONOMIC PRESS MONITOR March 19, 2025

Tabula: “LEVAN VARSHALOMIDZE IS DETAINED IN KAZAKHSTAN, THERE IS A THREAT OF EXTRADITION TO RUSSIA – BEZHASHVILI”

Levan Varshalomidze, former head of Ajara government, was detained in Kazakhstan, reported Levan Bezhashvili, one of the leaders of the Unified National Movement. He noted that there is a threat of extradition to Russia. More...


Rezonansi: “THERE IS ALREADY CHAOS IN SERVICE SPHERE – BIG PART OF COURIERS AND TAXI DRIVERS DOES NOT UNDERSTAND GEORGIAN LANGUAGE”

In Georgia, provision of information about products and services in Georgian is mandatory, but this requirement is often violated by companies, the newspaper says.

As the article notes, Georgian Competition and Consumer Protection Agency received many applications, related to poor quality of service provision in Georgian or inability to receive them. More...


Bankebi da Finansebi: ““GINO HOLDING” BUILDS RESIDENTIAL AND WELLNESS COMPLEX “TBILISI BOULEVARD” ON TBILISI SEA – “SAKARTVELOS BANKI” IS A SUPPORTER”

Gino Holding builds a residential and recreational complex Tbilisi Boulevard on the Tbilisi Sea (artificial water reservoir in Tbilisi outskirts).

The project area makes up 30 ha, of which the first phase will cover 12 ha. More...


Bankebi da Finansebi: “NBG FINED LENDING ENTITY LLC “UNITED CAPITAL” 18,000 LARI”

The National Bank of Georgia (NBG) fined lending entity (non-bank) LLC United Capital 18,000 lari. The company was fined for several reasons. More...


SPECIAL REPORT February 25, 2025

EMPLOYMENT TRACKER (JANUARY, 2025)

AVERAGE NUMBER OF PERSONS RECEIVING SALARY

In January 2025, the number of persons receiving a monthly salary increased by 3.9% compared to the corresponding period of 2024 and by 8.2% compared to the corresponding period of 2023, amounting to 880,277. However, the figure decreased by 10.4% compared to December 2024. More...


Exchange Rates (NBG)
  03/19/25 + / -
  USD   2.7850   0.0015
  EUR   3.0345   0.0125
  RUR   3.3455   0.0685
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