Economy
21 October, 2014
21 October, 2014
The “poorest” of them makes around 550 million dollars a day. This is 23 million dollars per hour.

When compiling rating lists of world’s richest companies, the main measuring criteria is how much they make per year.
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20 October, 2014
20 October, 2014
The Minister of Economy and Sustainable Development, Vice Premier Giorgi Kvirikashvili has said, there is a very big imbalance between populations living in cities and regions
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16 October, 2014
16 October, 2014
Temur Sepiashvili, originally Tamir Sapir, a Jewish emigrant from Georgia used to be among the world’s richest people. He died less than a month ago and we will try
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16 October, 2014
16 October, 2014
“After the power shift in 2012, the new government headed by Ivanishvili’s political party Georgian Dream pledged to reform the securities regulation and make it more regulated
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09 October, 2014
09 October, 2014
Regular flights between Georgia and Russia were halted in 2008 after the August war. Charter flights resumed in 2010 with Airzena, Sibir and Ural Airlines handling the charter flights.
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09 October, 2014
09 October, 2014
A new draft law on Georgian postal communication implies the creation of statutory monopoly of the market while it provides no reasonable economic benefit.
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02 October, 2014
02 October, 2014
Georgia must tailor its energy policy to the refreshed international focus on cleaner energy policy. This trend took a new and bigger start at the recent UN Summit
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02 October, 2014
02 October, 2014
Five leading oil product importer and distributor companies make up 95 percent of Georgian market. These include the Azeri state-based Socar, Wissol importing
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02 October, 2014
02 October, 2014
From the 1st of September, the customs duty was lifted on cars imported from the EU, in accordance with the Association Agreement and Deep and Comprehensive Free Trade Agreement.
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29 September, 2014
29 September, 2014
According to “Rezonansi” newspaper customs tax on European cars has already been done away with and accordingly, those who decide to import a car from an EU country will save from 150-300 GEL
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25 September, 2014
25 September, 2014
Petrol price drops by 3-5 Tetris in Georgia from today. Premium became 2.21; Regular – 2.07; Diesel – 2.07; Euro Regular – 2.11 and Euro Diesel - 2.44 GEL at SOCAR petrol stations.
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25 September, 2014
25 September, 2014
Matsoni, Khavitsi, honey of Alaverdi beekeepers, Georgian wheat bread made with natural yeast, Tushetian cheese and a pitcher wine – If you are looking for natural products, Matsoni House
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25 September, 2014
25 September, 2014
The bill on Georgian tax code gives the taxation administrators easier access to the bank’s confidential information. According to the change, the Georgian taxation body
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23 September, 2014
23 September, 2014
Georgia's central bank governor Giorgi Kadagidze says Ukraine is in the same bind as Georgia was in when Russia banned its neighbor’s exports in 2006
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18 September, 2014
18 September, 2014
The state-initiated pilot agro-insurance program began on September 1st and promises to embrace every willing farmer during its year-long existence.
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11 September, 2014
11 September, 2014
Anzor Kikalishvili, a man born in Moscow, yet bearing a Georgian surname, is a fairly well-known businessman in Russia, whose one billion dollars
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04 September, 2014
04 September, 2014
Opening of the season will not rely on the weather, which will increase the number of the tourists, as well as resort revenues.
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04 September, 2014
04 September, 2014
It became known a while ago through the Armenian media that Anaklia IEP Holding (Industrial Eco Park), heralded by businessman Temur Karchava, who is included in the top 20 list
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03 September, 2014
03 September, 2014
Export of cars decreased by 50-70%. Inner market sales are also very low.
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28 August, 2014
28 August, 2014
Legend has it that 8,000 years ago wine was first invented in the small country of Georgia, BBC reports.
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PHOTO OF THE DAY
GEL Exchange
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