Members of the European Union Parliament (MEPs) have today adopted a report that seeks to modernise the visa application procedures in the Schengen area by moving from physical applications and visa stickers to a digital...

The leading British fashion brand Burberry ended 2021 in Georgia with a profit of GEL 1,715,521. In 2021, the company’s income (Leader System LLC) stood at GEL 1,715,521. In the reporting period, the company owned assets of GEL 5...

The culture of adapting post-socialist, outdated infrastructure to modern requirements is quite developed in Eastern European countries. Our interest was caused by the desire to share this experience, and today I can already confidently say that the Bulgarian, one of the most experienced and successful construction companies, Pasek Group, is interested in operating in the Georgian market, - about this in a conversation with Banks and Finances It was noted by businessman Zurab Dumbadze, who...

In January 2023, Georgia’s annual inflation stood at 9.4 percent, which was mainly influenced by several factors. Sakstat reports that in the reporting period the product prices in the food and non-alcoholic drinks group hiked the most, namely by 15%, contributing 5.03 percentage points to the annual inflation. The biggest price increase of 26.5% was recorded in the vegetable and melons group as well as for ...

In January 2023 the Consumer Price Index increased by 0.8 percent compared to the previous month, while the annual inflation rate amounted to 9.4 percent. With regard to the annual core inflation1 , the prices increased by...