The aim is to push Chinese giants out of the lower segment of the world’s second-biggest market, and help local industry.

Revenue of €7.3bn was down by 4.7% on a comparable basis as growth at GP was more than offset by a decline at Siemens Gamesa Renewable Energy

Company will invest GEL 1, 000, 000 and hire 25 more people as a result of expansion

For partner Pfizer, sales of COVID-19 vaccine and treatment in the second quarter propelled the pharmaceutical giant to the largest quarterly sales in its history. It said last month that it earned $9.9 billion from April through June.

It is reported that the liquid part stood at $141.3 bln on August 1

Official value of the greenback became 2.7141 GEL.

70% of olive oil produced in Georgia are consumed on local market and the remaining 30% exported.

In the same period of 2021, the number of tourists coming to the city via air transportation was 3.7 million.

Soaring gas prices will particularly impact lower-income households, head of German Tenants' Association says

According to the investment agreement, further capital increases are also planned for 2023 and 2024.

Armenia's foreign trade with EU countries amounted to about $980,754,800, growing by 37.6%.

The growth has been recorded to the directions of China, Kazakhstan, Middle Corridor and Baku-Tbilisi-Kars.

Since Russia’s full-scale invasion of Ukraine began, the prosecutor's offices have opened 1,451 criminal proceedings over crimes against children.

Unpredictabilityis the main challenge for the businesses, says the Chairman of the Georgian Shopping Centers Association.

Ships loaded with 161,084 tonnes of foodstuffs are leaving Chornomorsk and Odesa

“1801, 1921, 1992, 2008 – are dates that every Georgian remembers forever. They illustrate Russia’s relentless policy of armed aggression and occupation," President of Georgia Salome Zourabichvili says on the occasion of 14th anniversary of Russia-Georgia August war.

Civilian objects are targeted by the occupiers 60 times more often than military objects, according to the data from the Center for Countering Disinformation at the National Security and Defense Council of Ukraine.

The president highlighted that Turkish and Russian ministries are also working on grain shipments from Russian ports. "Russia has the Mir card (local payment card in Russia sponsored by the government). Currently, five of our banks are working on it. There are serious developments here," he explained.

"We reiterate the European Union’s firm support to the independence, sovereignty and territorial integrity of Georgia within its internationally recognised borders,” the statement reads.