News of the day
The US State Department recently published a report lauding the investment environment in Georgia, attributing its success to economic stability and progressive reforms undertaken by the nation.
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Economics
Space International, a subsidiary of TBC Group, has partnered with Thoughtwokrs, a global tech consulting company. This is the first project of Thoughtworks in the Caucasus and Central Asia region. Within the framework of the partnership, Thoughtworks will help the first Georgian international financial-technological company - Space International, in tech transformation, introduction of updated engineering culture and strengthening of technical architecture.
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The leather accessories company Gepherrini is performing with 23% growth in 2022.
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Other news
In 2024, Georgian airports collectively handled 7,425,399 passengers across 31,937 flights, marking a significant 24% increase in passenger numbers and a 25% rise in flights compared to the previous year, according to the Association of Airports.
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Chairman of the Georgian National Energy and Water Supply Regulatory Commission, Davit Narmania, has shared a post on social media regarding key trends in the energy sector:
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The Georgian beer market has shown steady growth over the past four years, with a 2% increase estimated for 2024, according to Nikoloz Khundzakishvili, Corporate Affairs Director of Efes Georgia. Speaking to Business Partner, Khundzakishvili highlighted the positive dynamics within the sector, reflecting consistent consumer demand and industry expansion.
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The Georgian Department of Roads has released information regarding the situation on the roads.
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