
According to the agency, in the economic free zone, inspections of 29 companies by international audit companies Bureau Veritas and SGS revealed no violations.During this period, state control was implemented in 88 companies, which involves determining compliance of the wine technological process in enterprises with the requirements defined by Georgian legislation.Moreover, out of 127 samples taken, violations were found in 4 samples from 4 companies."Laboratory studies continue on certain portions of the samples," the National Wine Agency reports.For the purpose of organoleptic testing of export alcoholic beverages, 64 tastings were conducted. Out of 2931 samples submitted for tasting, 2822 were evaluated positively, while 109 samples were evaluated negatively. Organoleptic testing of samples is conducted for color and transparency, typicality, presence of diseases, aroma, taste, and harmony.
1745407283

In the first quarter of 2025 a price increase compared to the previous quarter was registered both in flats (2.2 percent) and detached houses (1.8 percent) segments.Compared to the first quarter of 2024, the prices increased in both segments, for flats by 10.9 percent and for detached houses by 13.5 percent.
1745406981

These memorandums mark a major step forward in strengthening Georgia-China business relations. The agreement with the Ministry of Economy and Sustainable Development focuses on supporting regional cooperation, facilitating Georgian-Chinese projects, and enhancing the country’s role as a connector within the Middle Corridor. Meanwhile, the memorandum with CCCME aims to deepen trade ties, promote joint projects between businesses in both countries, encourage participation in exhibitions, and stimulate direct investment and cooperation in various sectors.As part of the event, a dedicated meeting was held with representatives of the business sector interested in cooperation with China. The discussion took place in a Q&A format, during which participants shared their ideas, expressed specific interests, and outlined their needs regarding project implementation, partnership formats, and financial support mechanisms.The Association emphasized that it is ready to work individually with each interested company to support the initiation and development of successful cooperation.The Georgia-China Regional Cooperation Association acts as a vital platform for facilitating partnerships, offering tailored support for market entry, project development, and business growth. Its representative offices in Shanghai, Beijing, and Shandong Province provide businesses with fast-track access to consultations, local expertise, and reliable partner sourcing.Additionally, the Association has already partnered with Basisbank and BB Leasing, further strengthening its support network for Georgian and Chinese companies looking to finance and implement collaborative projects.Speaking at the event, Vakhtang Chakhnashvili, a chairman of the GCRC, stated:"These two memorandums—signed with both Georgia’s Ministry of Economy and CCCME—represent a strategic alignment of interests and a shared vision for regional growth. Our mission is to connect businesses across borders and help them build strong, result-oriented partnerships. By combining government support, business networks, and financial infrastructure, we are creating the ideal environment for long-term cooperation and mutual success."The event brought together representatives from key industries including agriculture, healthcare, manufacturing, construction, machinery, automotive and trade. The meeting highlighted the Association’s growing role in bilateral cooperation and outlined future collaboration opportunities between Georgian and Chinese business communities.
1745323178

In January-March 2025 the share of the top ten trading partners by domestic exports in the total domestic exports of Georgia amounted to 67.4 percent. The top partners were Russia (USD 122.0 million), Türkiye (USD 66.9 million) and China (USD 47.5 million).In January-March 2025 Precious metal ores and concentrates reclaimed the first place in the list of top domestic export items, equaling USD 53.0 million, or 8.3 percent of total domestic exports. The domestic exports Wine of fresh grapes totaled USD 49.6 million and their share in the total domestic exports amounted to 7.7 percent. The domestic exports of Spirituous beverages occupied the third place, standing at USD 45.4 million and constituting 7.1 percent of the total domestic exports.
1745319305

The exports equaled 1.4 billion (5.7 percent higher), while the imports stood at USD 4.2 billion (20.1 percent higher). The negative trade balance was USD 2.8 million in January-March 2025 and its share in external trade turnover constituted 50.1%.In January-March 2025 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 78.1 percent. The top partners were Kyrgyzstan (USD 298.6 million), Kazakhstan (USD 176.2 million) and Azerbaijan (USD 140.3 million).In January-March 2025 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 73.2 percent. The top partners were the USA (USD 654.4 million), Türkiye (USD 587.3 million) and Russia (USD 512.9 million).In January-March 2025 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 70.0 percent. The top trading partners were USA (USD 669.2 million), Türkiye (USD 663.3 million) and Russia (USD 642.8 million).In January-March 2025 motor cars claimed the first place in the list of top export items, equaling USD 500.7 million with 35.7 percent of total exports. The exports of spirituous beverages totaled USD 54.7 million and their share in the total exports amounted to 3.9 percent. The exports of precious metal ores and concentrates occupied the third place standing at USD 53.0 million and constituting 3.8 percent of the total exports.The top import commodities in January-March 2025 were motor cars, whose imports equaled USD 622.2 million (14.8 percent of the total imports). The paintings, drawings and pastels (executed entirely by hand) followed in the list with USD 481.1 million (11.4 percent of imports). The petroleum and petroleum oils were third in the top import commodity list with USD 301.5 million (7.1 percent of imports).
1745319073

The prices for mining and quarrying increased by 0.8 percent compared to February 2025, resulting in a 0.05 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 (2.4 percent) and basic metals (4.6 percent). Besides, theprices decreased for electricity, gas, steam and air conditioning by 0.2 percent, contributing -0.02 percentage points to the monthly index change. The prices increased for water supply, sewerage, waste management and remediation services by 0.3 percent.The annual PPI rate was mainly affected by price changes for the following products: Mining and quarrying: the prices were 22.3 percent higher, contributing 1.29 percentage points to the overall annual index change. Within the group, the prices were higher for the subgroup of metal ores (29.4 percent); Manufactured products: the prices increased by 4.3 percent, contributing 3.5 percentage points to the overall annual index increase. There was a notable increase in the prices for the following subgroups: food products (4.5 percent) and beverages (6.7 percent); Electricity, gas, steam and air conditioning: the annual price increase amounted to 6.6 percent, which contributed 0.71 percentage points to the annual index change; Water supply, sewerage, waste management and remediation services: the annual price increase amounted to 1.8 percent, which contributed 0.05 percentage points to the annual index growth.
1745318930

In the leisure sector, particularly in hotels, spending grew by 16%, which was driven by non-residents’ increased spending. Non-residents’ average transaction in hotels was approximately 3 times higher compared to residents’ figure this month.In March 2025, an annual increase of 38% was observed in non-cash spending in restaurants, while the average transaction stands at GEL 30. During the same period, the average non-cash transaction volume by non-residents in restaurants is almost 4 times higher than the residents’ figure.
1744887692

“As a result of joint efforts, Swiss Edelweiss has started operating in our market. The airline is a representative of one of the largest aviation holdings, which means that the interest of airlines in our country is growing. Our long-term goal is to interest such airlines within the Lufthansa Group, such as Brussels Airlines and SWISS, in the Georgian aviation market. Thus, the global aviation group Lufthansa will be almost fully represented in our market,'' said Levan Moseshvili.The airlines included in the Lufthansa Group are: Lufthansa, Eurowings, Austrian Airlines, Edelweiss, Swiss, Brussels Airline, ITA Airways, 4 of which are already operating in the Georgian aviation market."With the entry of Edelweiss Tbilisi International Airport, LUFTHANSA GROUP will be further strengthened in the Georgian aviation market and its market share will increase significantly. We are pleased that the fourth airline of our global aviation group is already operating in the Georgian aviation market," said Carsten Tsang.It was emphasized at the meeting that Germany is a strategically important direction for the Georgian market.At this stage, the 5 airlines included in the Lufthansa Group operate in the Georgian aviation market with a total of 13 frequencies, and in the summer season the number of flights will increase to 20 per week.
1744801396

As of March 2025 in Tbilisi the weighted average price of old flats has increased by 11.6% in the wide centre compared to March 2024, in the suburbs 10.2% growth was witnessed, while in the city centre the weighted average price increased only by 0.5%.In March 2025 the number of transactions in new projects in Tbilisi grew by 4.2%, with increases observed in both the primary and secondary markets. It should be noted that some transactions in new projects within the primary market are recorded later by developers, which could potentially distort the data and fail to present an accurate picture of the primary market. The declining trend in old projects has persisted - the figure for old flats features a 15.5% decrease compared to March 2024.In March 2025, in Tbilisi the number of transactions of residential flats amounted to 3,064 units, reflecting only 1.5% YoY decrease. Market size increased by 16.7% standing at USD 243 millions.In February 2025, in Tbilisi the number of transactions of residential flats amounted to 3,205 units, reflecting 8.9% YoY decrease. Market size decreased by 0.6% standing at USD 234 millions.As of February 2025 in Tbilisi the weighted average price of old flats has increased by 12.6% in the wide centre compared to February 2024, in the suburbs and city centre 6.2% and 5.9% increase was witnessed.In February 2025 the number of transactions in new projects in Tbilisi decreased by 2%. It should be noted that some transactions in new projects within the primary market are recorded later by developers, which could potentially distort the data and fail to present an accurate picture of the primary market. The declining trend in old projects has persisted - the figure for old flats features a 27.2% decrease compared to February 2024.
1744801173

As of March 2025, the number of transactions of residential flats in Batumi has increased by 5.7% to 1,233 units. The market size has increased by 4.9% standing at USD 64 millions.In March 2025, the number of transactions of newly-built flats in Batumi has increased by 12% year over year, while a 46.5% YoY decrease rate has been observed in the case of old flats.As of February 2025, the number of transactions of residential flats in Batumi has increased by 6.4% to 1,177 units. The market size has increased by 13.1% standing at USD 64 millions.
1744800952
Georgia is trying to bring Brussels Airlines and SWISS to the aviation...
1744801396
80% of dissatisfied borrowers in MFOs complain about pawnshop conditio...
1744637912
39 specialists successfully completed the TBC IT Academy cybersecurity...
1744637728
Tegeta Announces New Bond Issue
1744383120
Leasing Companies Increased Portfolio
1744387690