Pawel Herczynski, Ambassador of the European Union to Georgia, recently concluded his successful visit to the Adjara region, aimed at fostering stronger ties between Adjara and the European Union.

The Netherlands reaching USD 239.6 million in Q1 2023 (48.2%) was the major foreign direct investor country, Japan was the second with USD 63.2 million (12.7%), followed by the United States with USD 54.7 million (11%). The share of the 5 largest investor countries is 87.1% of the total investment.

According to them, the chairman of the government of Adjara, Tornike Rizhvadze, attended the large-scale real estate Oscar event and took part in the awarding ceremony.

"Chelti" will send 3,600 bottles of wine to Sweden in the first stage, however, in case of a positive response, the number of orders will increase.

Levan Dadvani, the owner of Hotel "Lahili" says, that the tourist season in Svaneti started in May and at this stage, hotel reservations reach 20-30%. As Dadvani notes, most of the guests are from Germany and Thailand.

A panel discussion will be held as part of the event, where Georgian and foreign experts will talk about the importance of introducing modern practices in construction processes and raising design standards. Giorgi Isakadze will moderate the panel discussion.

The managing partner of BDO, Zurab Lalazashvili, spoke about the economic relations between Russia and Georgia while visiting TV-program "Analytics". According to him, Georgia has somehow "turned towards Russia", which will endanger the long-term and stable development of the country.

The foreign direct investments (FDI) in Georgia amounted to USD 496.6 million in Q1 2023 (preliminary data), down 13.7% from the preliminary data of Q1 2022 and up 53.3% from the data of Q4 2022, - according to the National Statistics Office of Georgia (Geostat).

As the financier explains, by weakening Russia, political stability will be created in Georgia, which will create a desirable environment for investors.

As a result of operative-searching and investigative activities carried out by the representatives of the Investigation Service of the Ministry of Finance of Georgia, through the coordinated activities with the Kvemo Kartli District Prosecutor's Office, on the fact of unlawful use of other person’s trademark in large quantities, by prior agreement as a group, has been brought to the criminal liability two persons.

In the first five months of 2023, the Airport served 502,323 passengers and 1,591 flights. The airports body said the number of passengers had increased by 74 percent, and flights by 66 percent compared to 2019.

In May, foreign exchange reserves decreased by USD 128 million, - accoridng to the report published by the National Bank of Georgia. The document reads, that as of May 31, the volume of the total foreign exchange reserves of Georgia stood at USD 5,005,318,900.

Singapore is a small island and Kazakhstan is the 9th largest country in the world through strategic thinking based on partnership and win-win cooperation both countries are forging closer economic ties to create economic growth and business opportunities.

Renovated Gold Market will be opened in a few days on the first floor of "Tbilisi Central". Natia Kadagishvili, the financial director of "Tbilisi Centrali" spoke about this while visiting TV-program "Women's Narrative".

The EU4Business-EBRD Credit Line helped by offering the company the opportunity to invest in new modern machinery via Procredit Bank, a local partner commercial bank. As part of the investment, the company enjoyed technical support from an international group of experts.

The Georgian National Competition Agency of Georgia conducted a re-study of the case due to the non-fulfillment of the commitment agreement by "Uno". As a result of the evaluation and study of the circumstances of the case and the presented evidence, the fact of violation was established in relation to the store "Uno".

According to the Georgian Parliament, the permanent delegations from the Parliament of Georgia, the European Parliament, and representatives from Georgia’s executive bodies will attend the session.

Telavi Wine Cellar owns 300-year-old vineyards in Kondoli and Kudigora and a modern innovative Didkure vineyard planted in 2020 with the newest, innovative method.

The meeting was also attended by Sebastian Molineus, current Regional Director of the World Bank for the South Caucasus who is ending his four-year tenure at the end of June 2023.