The dependence of Georgian wine on the Russian market is growing stronger. According to data from Geostat for January-February, Russia's share of the wine export basket has increased to 69.2%, up from 60.4% during the same period in 2022.

According to STATISTA, the fintech market in Georgia is poised to exceed $1 billion in digital payments by 2023, and to reach $2 billion by 2027.

The Central Election Commission (CEC) has entered into a $4.5 million contract with British company Smartmatic International Holding for electronic vote counting and biometric authentication of voters.

The Department of Highways of the Ministry of Regional Development and Infrastructure of Georgia has begun rehabilitation works on a 21 km section of the Tbilisi (Gldani)-Tianeti highway of domestic importance. The cost of the project is estimated at 25 million GEL, financed by the state budget.

The Department of Highways of the Ministry of Regional Development and Infrastructure of Georgia has begun rehabilitation works on a 21 km section of the Tbilisi (Gldani)-Tianeti highway of domestic importance. The cost of the project is estimated at 25 million GEL, financed by the state budget.

Georgia continues to make impressive strides in international comparison, Georgian Parliament Speaker Shalva Papuashvili on Thursday echoed the Economic Freedom Index published by Heritage Foundation.

The full rehabilitation and renovation of the Gotsiridze metro station has been completed and from tomorrow the station will serve passengers as usual. Tbilisi City Hall disseminates information about this.

The National Bank of Georgia has set a new exchange rate. As a result of trading on March 14, the US dollar depreciated and amounted to 2.5851 lari. Today's exchange rate was 2.5898 GEL. Accordingly, the change in the dollar exchange rate against the national currency amounted to 0.0047 GEL.

According to the Statistics Service, the total number of registered vehicles in Georgia has reached 1,563,000, out of which 1,333,000 are lighter vehicles, such as passenger cars. Furthermore, of the total registered vehicles, 529,000 cars are located in Tbilisi, the capital city of Georgia. These figures indicate a 5% increase in the vehicle fleet over the past year.

The Georgian company "Kirke" has been producing handmade soaps and cosmetics since 2020, offering a variety of products without a base.

On March 2, the Antimonopoly Committee of Ukraine granted a Georgian citizen, Rati Chelidze, the right to purchase the controlling stake in Ukrainian BTA Bank's assets.

The National Bank of Georgia has set a new exchange rate. As a result of trading on March 9, the US dollar depreciated and amounted to 2.5933 lari. The current exchange rate was 2.5973 GEL. Accordingly, the change in the dollar exchange rate against the national currency amounted to 0.004 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on March 6, the US dollar depreciated and amounted to 2.6009 lari. Today's exchange rate was 2.6064 GEL.  

In January, NBG purchased a net amount of US dollars in the foreign exchange market, reaching a high figure of 155 million which exceeds the previous monthly interventions of about 100 million. Alongside strong net foreign exchange inflows, higher credit activity in foreign currencies compared to GEL also played a crucial role in January.

Levan Davitashvili, the Vice Prime Minister and Minister of Economy and Sustainable Development of Georgia, announced at a press conference in Berlin that Georgia has maintained economic stability and achieved double-digit economic growth for two consecutive years, despite difficult geopolitical circumstances.

Today at 21:00 Georgian time, ITB Berlin, one of the largest tourist exhibitions in the world, will open with a grand Georgian concert in Germany.

Today, the ITB Berlin, one of the world's largest tourism exhibitions, will open in Berlin with a grand concert introducing Georgian culture to about 3000 guests. The director of ITB Berlin, Deborah Ruth, highlights the significance of Georgia's role as the host country.

According to the investment bank Galt & Taggart, Georgia received $607 million in tourism revenue in January-February, representing a 176.9% increase compared to the same period last year.

Hungarian low-cost airline Wizz Air is suspending flights to the capital of Moldova. According to the BBC, the reason for the decision is security. Flights are scheduled to be suspended from March 14.

Singapore is the latest addition to MadaMwine's export portfolio, as announced by founder Manana Akhvlediani in an interview with "Business Partner". Negotiations with Singapore have been successfully concluded and an agreement has been signed to initially export 1,200 bottles of wine.

Iberia Business Group, a leading holding company that represents international brands such as Volkswagen, Audi, Skoda, Kia, and Mitsubishi in Georgia, is preparing to enter the Uzbekistan market.

Manufacturers of construction materials and personal protective equipment in Georgia face a range of challenges, including difficulties with public procurement, accessing finance and skilled labor, relying on imported raw materials, and limited access to local laboratories for testing. On February 21, these challenges were discussed in a parliamentary dialogue between the public and private sectors.

According to the National Bank of Georgia, the lari appreciated against foreign currencies. In particular, on February 25, one US dollar will cost 2.6325 lari, and one euro - 2.7889 lari.

The National Bank of Georgia has set a new exchange rate for the national currency. As a result of trades on February 23, the US dollar depreciated and amounted to 2.6351 lari. Today's exchange rate was 2.6393 lari. Accordingly, the change in the dollar exchange rate against the national currency amounted to 0.0042 lari. 

Association of Guides published the book "Tbilisi Guide", the presentation of which will be held tomorrow, February 21, on the International Day of Guides.