Revenue from Russian travelers fell by more than 14%, while that from the EU increased

According to the department, it is planned to deepen 7 operating wells and drill 2 new exploratory wells using modern, high-tech methods. Nino Enukidze, First Deputy Minister of Economy and Sustainable Development, Inga Pkhaladze, Deputy Minister and Curator of the Energy Sector, Subu Ramesh, Ambassador of India to Georgia, company representatives, and invited guests attended the signing ceremony held at the Ministry of Economy.“This agreement represents yet another significant step in strengthening the economic partnership and friendships between Georgia and India. It will contribute to the development of Georgia’s energy resources, attract new investments and bring modern high technology solutions to our oil production sector” – Inga Pkhaladze stated.Deputy Minister highlighted the Agreement lays the foundation for a new stage that will strengthen Georgia’s energy security and create new opportunities for economic growth and regional development.It is noteworthy that the project’s investment package amounts to approximately 50 million USD to be implemented over the next four years. Immediately upon signing the Agreement, the company will pay 4,15 million USD to the state budget.Hindustan Silichine Private Limited is an Indian multi-business holding that operates in the fields of oil exploration and natural gas supply.Giorgi Tatishvili, Head of the State Agency of Oil and Gas of Georgia, Ekaterine Sisauri, General Director of the Georgian Oil and Gas Corporation, and Khitish Kumar Nayak, Director of Hindustan Silichine Private Limited, signed the Production Sharing Agreement.Indian oil and gas exploration and production holding company Hindustan Silichine Private Limited has previously owned one of its major assets in Georgia. In particular, Hindustan Silichine, founded in 2017 by Upesh and Gaurav Thakkar, lists on its website among its major assets the proven oil and gas reserves of Sanand-Mirol and Ankleshwar in Gujarat, India, as well as the oil and gas block 7B in Georgia, which is a 1,175 sq. km production block near the Black Sea.Hindustan Silichine Private Limited aims to become the leading oil and gas exploration and production (E&P) company in Georgia within five years.In addition, the company's turnover reached $28.2 million in the first two quarters of the 2024-2025 financial year, and the forecast turnover for the entire fiscal year is $51.2 million.

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As of the document, 11.7 percent of incomes of enterprises engaged in postal and courier activities were generated from written correspondence, of which 44 percent were international services, while 56 percent were local.Enterprises engaged in postal and courier activities sent 13.3 million parcels and 5.9 million of written correspondence during 2024.In 2024, in the enterprises engaged in postal and courier activities the average annual number of employed was 4.0 thousand, including 1.5 thousand couriers and postman. 

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The portal compiles statistical information on air, biodiversity, water, climate, transport, energy, environmental-economic accounts, waste, and other environment-related indicators, in a user-friendly and accessible format. The portal enables users to explore and analyze data on the environment and natural resources in Georgia using interactive charts and modern visualization elements.The portal consists of nine modules. The first module — Air Quality — provides information on air pollution, emissions, and the latest trends in urban air quality in Georgia. The second module — Nature and Biodiversity — presents information on protected areas and forests. The third module — Water Resources — provides users with data on the use of water resources. The fourth module — Transport — contains information on trends in passenger and freight transport in Georgia, the development of the vehicle fleet, and the monitoring of energy efficiency. The fifth module — Energy — provides users with data on energy consumption and renewable resources. The sixth module — Climate — covers trends in temperature, precipitation, and greenhouse gas emissions. The seventh module — Environmental-Economic Accounts — presents data on Georgia’s material resources, consumption, and trade trends. The eighth module — Waste — reflects statistical information on municipal waste. As for the last, ninth module — Other — it includThe goal of Geostat goal is to produce and provide high-quality data to users in formats that are easy to use and that enhance planning and decision-making processes at any level.

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The prices for mining and quarrying increased by 6.5 percent compared to August 2025, resulting in a 0.44 percentage point contribution to the overall monthly PPI change. In the same period, the prices for manufactured products increased by 0.9 percent, contributing 0.7 percentage points to the monthly index change.Within the group, a noteworthy price increase was registered for food products (1.7 percent). Besides, the prices decreased for electricity, gas, steam and air conditioning by 0.1 percent, contributing -0.02 percentage points to the monthly index change.The annual PPI rate was mainly affected by price changes for the following products:• Mining and quarrying: the prices were 17.9 percent higher, contributing 1.13 percentage points to the overall annual index change. Within the group, the prices were higher for the subgroup of metal ores (24.0 percent);• Manufactured products: the prices increased by 2.6 percent, contributing 2.07 percentage points to the overall annual index increase. There was a notable increase in the prices for food products (5.1 percent) and beverages (4.7 percent);• Electricity, gas, steam and air conditioning: the annual price increase amounted to 11.6 percent, which contributed 1.18 percentage points to the annual index change.

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The exports equaled 5 billion 151 million (7.7 percent higher), while the imports stood at USD 13 billion 394 million (9.7 percent higher).The negative trade balance was USD 8 billion  242 million in January-September 2025 and its share in external trade turnover constituted 44.4%.In January-September 2025 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 79.7 percent. The top partners were Kyrgyzstan (USD 1 080.5 million), Kazakhstan (USD 658.5 million) and Russia (USD 543.1 million).In January-September 2025 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 71.1 percent. The top partners were USA (USD 2 060.0 million), Türkiye (USD 2 027.0 million) and China (USD 1 430.6 million).In January-September 2025 motor cars claimed the first place in the list of top export items, equaling USD 2 003.9 million with 38.9 percent of total exports. The exports of precious metal ores and concentrates totaled USD 276.2 million and their share in the total exports amounted to 5.4 percent. The exports of spirituous beverages occupied the third place standing at USD 200.7 million and constituting 3.9 percent of the total exports.The top import commodities in January-September 2025 were motor cars, whose imports equaled USD 2 805.1 million (20.9 percent of the total imports). The petroleum and petroleum oils followed in the list with USD 972.2 million (7.3 percent of imports). The Medicaments put up in measured doses were third in the top import commodity list with USD 510.7 million (3.8 percent of imports). 

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As of the document, share of the domestic exports in total exports constituted 45.6% and amounted to USD 2 billion 35 million, 7.5 percent higher to the same period of 2024.In January-September 2025 the share of the top ten trading partners by domestic exports in the total domestic exports of Georgia amounted to 70.4%. The top partners were Russia (USD 509.2 million), Türkiye (USD 211.0 million) and China (USD 197.1 million).In January-September 2025 precious metal ores and concentrates claimed the first place in the list of top domestic export items, equaling USD 276.2 million, or 11.8 percent of total domestic exports. The domestic exports wine of fresh grapes totaled USD 189.1 million and their share in the total domestic exports amounted to 8.1 percent. The domestic exports of spirituous beverages occupied the third place, standing at USD 167.3 million and constituting 7.1 percent of the total domestic exports.

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Lion Finance Group (BGEO LN) shares closed at GBP 73.80/share (-5.20% w/w and -3.15% m/m). More than 231k shares traded in the range of GBP 73.25 - 79.80/share. Average daily traded volume was 45k in the last 4 weeks. The volume of BGEO shares traded was at 0.52% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 41.15/share (-7.53% w/w and -7.32% m/m). More than 452k shares changed hands in the range of GBP 40.80 - 45.10/share. Average daily traded volume was 78k in the last 4 weeks. The volume of TBCG shares traded was at 0.80% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 23.50/share (-0.84% w/w and -0.42% m/m). More than 218k shares traded in the range of GBP 23.35 - 25.05/share. Average daily traded volume was 46k in the last 4 weeks. The volume of CGEO shares traded was at 0.55% of its capitalization. 

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In its note verbale to the OSCE Secretariat, the Foreign Ministry states that, beyond the OSCE Chairperson-in-Office (CiO) program, Minister Elina Valtonen joined a street protest organised by a small group of anti-government activists who had been freely, though illegally, blocking the main avenue of Tbilisi on October 14. Public statements made by Minister Valtonen, which do not reflect the reality, constitute a deliberate attempt to mislead the international community regarding the situation in Georgia.“The Embassy of Georgia to the Republic of Austria, Permanent Representation of Georgia to the OSCE and other International Organisations in Vienna presents its compliments to the OSCE Secretariat and Missions/Delegations of the Participating States to the OSCE and has the honour to express concerns of the Government of Georgia regarding the visit of the Minister for Foreign Affairs of the Republic of Finland, H.E. Elina Valtonen, to Georgia in her capacity as the OSCE Chairperson-in-Office (CiO).Beyond the CiO program, which included the meeting with the Minister of Foreign Affairs of Georgia, H.E. Maka Botchorishvili, a visit to the occupation line, and a meeting with a few representatives of civil society, Minister Elina Valtonen joined a street protest organized by a small group of anti-government activists who had been freely, though illegally, blocking the main avenue of Tbilisi on October 14. Public statements made by Minister Valtonen, which do not reflect the reality, constitute a deliberate attempt to mislead the international community regarding the situation in Georgia.These actions contradict the spirit of cooperation under the OSCE and could be considered a clear abuse of the CiO mandate, undermining credibility and the expected neutrality.They are incompatible with universally recognised principles of international law, including respect for sovereignty and non-intervention in internal affairs, as reflected in the Helsinki Final Act, UN Resolution AJRES/20/2131, Rules and Procedure of the OSCE, and the spirit of the Vienna Convention on Diplomatic Relations,” reads the note verbale of Georgia’s Ministry of Foreign Affairs.On October 14 and 15, the OSCE Chairperson-in-Office, Elina Valtonen, who is also the Minister of Foreign Affairs of Finland, visited Georgia. On October 14, after meeting with the Minister of Foreign Affairs of the Georgian Dream government, Maka Bochorishvili, she joined the ongoing protest in front of the parliament, which has been taking place since November 28 of last year.On October 14, she met with representatives of civil society in Tbilisi, and on October 15, she was at the occupation line.On October 15, Kobakhidze’s press service issued a statement that due to the presence of the Finnish Foreign Minister on Rustaveli Avenue, the Prime Minister of the Georgian Dream government canceled the planned meeting with him.According to the Finnish newspaper Helsingin Sanomat, the Finnish Foreign Minister himself canceled the meeting with Irakli Kobakhidze and informed the host country about it on Tuesday, October 14th night.In a telephone comment to Helsingin Sanomat, Elina Valtonen explained that her “meeting with Prime Minister Kobakhidze was canceled not at the initiative of Georgia, but at the initiative of Finland, due to a change in the schedule, and the Georgians were informed about it the night before.”Today, October 16th, it became known that the Georgian Ministry of Internal Affairs fined the Finnish Foreign Minister 5,000 GEL for his presence at the October 14th rally - he is accused of “artificially blocking the road”.

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