NBG and Pave Bank Georgia Sign Memorandum of Understanding

According to him, the placement of treasury securities in the amount of 400 million GEL, carried out through the syndication method, aroused great interest among investors.TBC Capital, as a leading investment bank, was involved in this transaction as placement agents and indeed saw quite a lot of interest, especially from international players. It was important that 65% of the buyers were foreign players, most of whom are very well-known international asset managers. It seems that these companies and funds are actively looking at Georgia and are buying not only Eurobonds, but also Georgian securities. This means that the Georgian capital market is developing and offering more and more interesting products to such investors, which is very important," said Otar Sharikadze, Director of TBC Capital.He congratulated the Ministry of Finance team on the second transaction carried out this year after the Eurobonds and noted that the results of the transaction once again confirm the high interest of international investors in the Georgian securities market.

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Lion Finance Group (BGEO LN) shares closed at GBP 111.10/share (+4.42% w/w and +1.18% m/m). More than 247k shares traded in the range of GBP 107.70 - 112.90/share. Average daily traded volume was 68k in the last 4 weeks. The volume of BGEO shares traded was at 0.57% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 45.02/share (+2.69% w/w and -5.82% m/m). More than 265k shares changed hands in the range of GBP 44.00 - 46.02/share. Average daily traded volume was 71k in the last 4 weeks. The volume of TBCG shares traded was at 0.48% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 42.05/share (+6.46% w/w and +7.96% m/m). More than 304k shares traded in the range of GBP 39.70 - 42.25/share. Average daily traded volume was 72k in the last 4 weeks. The volume of CGEO shares traded was at 0.89% of its capitalization. 

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In 1Q26, the number of sold apartments in Batumi, according to the Public Registry, stood at 4,049 units, up 15.8% y/y, of which: Sales on the secondary market, which show real time dynamics rose by 10.1% y/y. Sales on the primary market, where data is impacted by delayed registrations, increased by 21.1% y/y. G&T real-time survey of developers, which captures current trends on the primary market showed a 70.6% y/y increase in the number of sold apartments. PriceIn Mar-26, average turnkey price per square meter on the primary market reached $1,893, up 8.7% y/y. Meanwhile, the average price on the secondary market reached $1,479, up 7.8% y/y. A wide gap between the two markets, large pipeline of ongoing projects and gradually declining rental yield may weigh on the primary market’s ability to sustain the current pace of price growth.RentAverage daily rent (ADR) in Batumi declined by 7.3% in 1Q26, though the market’s performance mostly depends on the summer season. Despite the decline in ADR, rental yield stood at 7.1%, remaining high among peer cities.

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According to the report, the number of people receiving wages increased to 1,012,141 in April. According to the PMCG Research Center, this number is slightly up by 0.6% compared to March 2026, and by 2.1% compared to April 2025.In April 2026, the number of persons receiving a monthly salary stood at 1,012,141, representing a slight 0.6% increase compared with March 2026, and a 2.1% increase compared with April 2025.In April 2026, the share of persons receiving a monthly salary of up to 600 GEL amounted to 11.1%, which was 0.2 percentage points lower than in March 2026, and 1.5 percentage points lower than in April 2025.In April 2026, the share of persons receiving a monthly salary of 2,400 GEL or more amounted to 36.7%, which was 1.0 percentage points higher than in March 2026, and 3.7 percentage points higher than in April 2025.In April 2026, the share of persons receiving a monthly salary of 9,600 GEL or more amounted to 3.4%, which was 0.1 percentage points higher than in March 2026, and 0.3 percentage points higher than in April 2025.In April 2026, the total number of vacancies published on jobs.ge amounted to 6,234, which was 8.1% lower compared with March 2026, and 5.2% lower compared with April 2025.The biggest month-over-month decrease was observed in logistics, transport and distribution category (-12.1%), while the smallest decrease among main categories was observed in IT and programming category (-6.4%).The largest year-over-year decrease was observed in IT and programming (-17.0%), while the sales and procurement was the only main category to increase (+5.7%).From February 2026 to April 2026, the total number of vacancies published on jobs.ge amounted to 19,403, which was 5.8% higher compared to the same period of 2025. The category that contributed the most to the increase during this period was sales and procurement.From February 2026 to April 2026, a total of 5,017 vacancies were published in the field of sales and procurement, which was 12.8% higher compared to the corresponding period of 2025. From February 2026 to April 2026, a total of 4,194 vacancies were published in the field of finance and statistics, which was 11.7% higher compared to the corresponding period of 2025. From February 2026 to April 2026, a total of 4,443 vacancies were published in the field of administration and management, which was 5.6% higher compared to the corresponding period of 2025.The labor market efficiency decreased in Q1 2026: According to the seasonally adjusted Beveridge Curve, the efficiency of the labor market weakened in Q1 2026 compared to Q4 2025, as the job openings rate remained broadly unchanged, while the unemployment rate increased. There is a clear outward movement of the Beveridge Curve, indicating weaker matching between job seekers and vacancies.The post-pandemic period had generally been characterized by improving matching dynamics in the labor market. However, several temporary deteriorations were also observed. Similar to Q1 2026, the weakening in Q1 2023 was driven by increasing unemployment despite relatively stable vacancy rates. By contrast, the deterioration observed in Q2 2024 reflected a sharp increase in job openings while unemployment remained broadly unchanged.

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The title of this exhibition was born from a chance, yet deeply symbolic conversation. While traveling in Fereydani, one of the local residents shared their mother’s words with Natela Grigalashvili. It turns out that the woman would often look up at the clouds in the sky and ask whether they were flying toward her remote homeland. She had never seen Georgia herself, but she carried it in her heart her entire life.This kind of sadness and melancholy haunts the entire history of the Fereydani Georgians. Their story began in the early 17th century with their forced deportation by Shah Abbas. Since then, for four centuries in the heart of Iran, in the Isfahan province, they managed to preserve the most important thing- their identity and their ancient Georgian speech, which acts as a kind of living linguistic museum.The subject of Fereydani Georgians has been an important creative interest for Natela Grigalashvili for years. However, the project took its final shape when she discovered a book published a century ago. The conceptual framework of the exhibition was defined by the 1894 records of Lado Aghniashvili. He was the first Georgian who traveled to Iran more than a century ago in his attempt to find the ‘lost’ Georgians. Natela Grigalashvili’s journey turned out to be a walk following Aghniashvili’s footsteps- not by a direct physical route, but through the search for the emotional and cultural memory that the researcher once described.The series presented in this exhibition is an attempt to observe an isolated cultural island, where daily life is deeply intertwined with a constant longing for the homeland. This intertwining of past and present ultimately becomes a dialogue across time and space- between the Fereydani described by Lado Aghniashvili a century ago, and the Fereydani seen today through the eyes of Natela Grigalashvili.Natela Grigalashvili has dedicated more than thirty years to documentary photography. Her work mainly centers on the everyday life of regional Georgia, the socio-cultural identity of isolated communities, collective memory, and the impact of the modern world on these spaces. Creating mostly long-term projects, she spends months and even years living in the environments she captures. This direct and continuous connection with the local people allows her to gain their trust, giving her images a deeply personal and an intimate feel.Curated by Myriam GrigalashviliExhibition Opening: June 6, 5:00 PMAddress: TBC Concept Gallery Multifunctional Space, Marjanishvili St. 7(R)

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In 2025, 35.5% of employees in enterprises used a laptop or smartphone owned by the enterprise, which provided Internet connection (only for enterprise purposes), while the percentage of enterprises that used a website or website was 15.3%.25.8% of enterprises used at least one social media tool (e.g. Facebook, LinkedIn, X (Twitter), Instagram, YouTube, Snapchat, Pinterest, etc.), while 74.2% of enterprises did not use social media at all.

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GeoStat highlights that, in April 2026, key sectors such as manufacturing, information and communication, transport and storage, trade, and financial and insurance activities all contributed significantly to this growth.Conversely, a downward trend was noted in the construction and mining sectors.

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In most cases, innovations in goods and services were developed independently by enterprises (69.1% and 61.5%, respectively). 65.2% of the implemented innovations were new for enterprises, while 34.8% were new to the market.82.5% of new or improved business process innovations by enterprises were developed directly by the enterprise, 23.8% - together with other enterprises or institutions, 23.6% resulted from the adaptation-modification of goods/services developed by other enterprises or institutions, and 18.5% were developed by other enterprises or institutions.When assessing economic activity strategies, 45.9% of enterprises gave high importance to focusing on high quality, 35.9% of enterprises give high importance to focusing on improving existing goods/services, and 36.6% of enterprises give high importance to focusing on satisfying existing customer groups.In addition, in the assessment of the business environment by Geostat, the main challenge was the increase in prices of goods and services, which leads to the loss of customers.

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