Daily News December 4, 2025	Days:  28 01 02 03 04

politics

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.

economics

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%.




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%.




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%.




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%.




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.

business

“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”.

society

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.