The Georgian economy grew by 10.1% in 2022. In 2023, however, the economic growth rate started to decrease. Year-on-year growth…
Category: Georgia
Ranking of Georgian Banks and Microfinance Organizations
15 commercial banks and microfinance organizations operating in Georgia have submitted their financial statements for the first two quarters of…
Giorgi Sinauridze's Mission to Transform Georgian Healthcare With Telemedicine
Giorgi Sinauridze, a key figure in telemedicine, has been instrumental in guiding Georgia toward a future of accessible and equitable…
Energy Communities: New Opportunities for Customers in the Energy Market
Nikoloz Sumbadze, guest lecturer of the Energy Training Center at GNERC and co-founder of AYPEG, reviews new opportunities for consumers…
Georgia’s Wine Industry Soars After Decades of Soviet Domination
Lado Uzunashvili, chief winemaker for Vazisubani Estate, sees global interest in the wines of Georgia because of their unique varietals…
Ambassador of Georgia in the Tech World
In 2008, HT Solutions, a prominent technology solutions company, made its debut in the Georgian market. With a mission to…
The Door Between Past and Present
Four friends opened the boutique hotel Unfound Door on 111 Agmashenebeli Avenue in historic Tbilisi. This project is more than…
Transforming the Cities
The €7.6 billion Estonian tech firm Bolt is changing the mobility culture across the world. Besik Papiashvili and his team…
The Digital Lari: a New Threat to Freedom
Two years ago, the National Bank of Georgia (NBG) announced its intention to issue a digital version of the national…
Tourism: Georgia and the Region
Tourism and related activities are one of the most critical industries in Georgia. On average, tourism’s direct and indirect contribution…
Georgia is Bringing Back Tourists Lost During the Pandemic
The economic welfare of the Georgian population depends significantly on revenues from tourism. From a macroeconomic point of view, the…
The Dangers Facing Georgian Cinema
Nino Kirtadze left the post of representative of Georgia in the European Cinema Support Fund and European Film Promotion amid…
Mycredo Business - Mobile Bank for Any Business
Along with the development of technologies, companies are more and more actively trying to establish themselves in the digital world.…
The Massachusetts Institute of Technology (MIT) Publishes an Article on the Historic Phage Manufacturer “BioChimPharm”
Massachusetts Institute of Technology (MIT) in cooperation with BTU published an article about the modernization and rebirth of BioChimPharm’s historic…
Why Does Georgia Have Low Wages?
The average monthly salary of employed personnel in Georgia is GEL 1,600. However, average disposable income after tax is GEL…
Where Are Georgia’s Top 10 Exported Goods Being Sold?
In 2022, The export of goods from Georgia increased by32% year-on-year to $5.6 billion. However, the share of re-exports out…