News Archive
 
     
 
20 February 2012
RKD Architects Entering Georgia
Irish architectural firm RKD Architects, which will celebrate its 100 year anniversary next year, is entering the Georgian market. The company is currently holding negotiations with potential local partners.
     
 
16 February 2012
City Hall not Names Investor of Tbilisi Sea Complex
Details regarding construction of the largest entertainment - recreation center on the Tbilisi Sea are not specified. According to Tbilisi City Hall, a private investor is carrying out works on the sea and this time the project is being processed. As the City Hall explained, more details would be
     
 
16 February 2012
Azerbaijan Increased Investments in Georgia by 50% in One Year
Volume of investment carried out by Azerbaijan in Georgia has increased by 50% last year. Azerbaijani Economic Development Minister Shahin Mustafaev told journalists. Azerbaijani delegation, headed by Mustaphaev, participates in Azerbaijan - Georgia - Turkey Business Forum
     
 
13 February 2012
A 3 - star Hotel and the Largest Swimming Complex in Georgia Being Built in Rustavi
A huge swimming complex is being built in Rustavi (a city in the southeast of Georgia, situated 25 km southeast of the capital Tbilisi). According to the City Hall press office, the pool is being built on the base of the abolished “Argo" swimming pool and amenities an
     
 
10 February 2012
"Trump Tower" Presentation Date is Still Unknown
The exact date of presentation of one of the most large-scale project in Georgia - Batumi "Trump Tower" is still unknown. The "Silk Road Group" which is implementing the project told radio "Commersant" that, according to the available information, Donald Tr
     
 
03 February 2012
Registration of Business Entities Increased by 7.7%
A total of 4 196 business entities have been registered in Georgia in January 2012. This data exceeds the figure of similar period of 2011 by 7.7%  while is 22.7% less than the previous month’s, which is related to seasonal factor: January disting
     
 
31 January 2012
According To Preliminary Data, Real GDP Growth Was 6.8% In 2011
According to the preliminary estimates, a real GDP growth made 8.7 % in December of 2011 compared with the similar period of the previous year. In 2011 the preliminary evaluation of a real GDP growth rate was 8.16.8% in the IV quarter compared to the previous year.
     
 
30 January 2012
50% of Tourists in Georgia from Turkey and Armenia 2,820,185 foreign tourists visited Georgia in2011
The number of foreign visitors in Georgia increased by 39% in 2011 compared to the previous year.According to the Georgian National Tourism Agency 2,820,185 foreign tourists visited Georgia in total last year.The overall flow of tourists increased by 788,468 foreigners in 2011.
     
 
24 January 2012
Economic Ministry Can’t Explain Reasons Of Reduction In Real Estate Market
The First Deputy Minister of Economy of Georgia does not agree with the available information regarding reductions in the real estate market. Note: Radio "Commersant" conducted a journalistic investigation to determine at what expense there was transactio
     
 
23 January 2012
Property Worth 500 Million USD Transferred To Hands Of Banks And Private Creditors In 2011
Last week the real estate agencies representatives told "Commersant" that in 2011 the demand for real estate in Georgia has decreased compared with 2010.

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