Sarke Information Agency

IN 2024, SHARES OF NATURAL GAS, OIL-PRODUCTS AND ELECTRICITY IN GEORGIA’S ENERGY CONSUMPTION ALMOST DIDN’T CHANGE

In 2024, natural gas accounted for 42.4% (against of 42% in 2023) of total energy resources consumed in Georgia, Sakstat reported. Oil-products accounted for 29.6% (against of 29% a year ago), while ...
Sarke Information Agency

INVESTMENT OF 47M LARI TO BE MADE IN FIRST PHASE OF RESIDENTIAL COMPLEX CONSTRUCTION NEAR LAKE LISI IN TBILISI

TBC Bank and Georgian development company Placemakers signed a memorandum, aiming construction of a residential complex near Lake Lisi in Tbilisi. According to TBC Bank, investment in the first phase ...
Sarke Information Agency

IN 2024, GEORGIA’S EXTRACTION OF OIL DECREASED BY 8%, OF NATURAL GAS – BY 3%

In 2024, 35,800 t of crude oil were extracted in Georgia, Sakstat reported. If compared to 2023, the volume has decreased by 8%, Georgian statistics service noted. Full text is not available for the ...
Sarke Information Agency

IN 9 MONTHS, NET PROFIT OF GEORGIAN INSURANCE COMPANIES DECREASED BY 1% Y-O-Y

In January-September, net profit of 19 insurance companies operating in Georgia totaled to 113.3 million lari, Georgian State Service for Insurance Supervision reported. If compared to the same period ...
Sarke Information Agency

IN 9 MONTHS, REIMBURSEMENTS OF GEORGIAN INSURANCE COMPANIES DECREASED BY 3.8% Y-O-Y

In January-September, reimbursements of 19 insurance companies operating in Georgia amounted to 551 million lari, Georgia State Service for Insurance Supervision reported. If compared to the same ...
Sarke Information Agency

GEORGIAN FINANCE MINISTRY: IN 2024, TOTAL ESTIMATED TAX COSTS INCREASED IN NOMINAL TERMS, BUT DECREASED IN RELATION TO GDP

In 2024, total estimated tax costs in the country amounted to 6.4 billion lari, making up 6.9% of GDP, Georgian Finance Ministry reported. Compared to 2021-2023, this is higher in nominal terms, but ...
Sarke Information Agency

“SELFIE MOBILE” PURCHASED FREQUENCIES FOR 23.6M LARI AT AUCTION

Mobile operator Selfie Mobile purchased frequency bands 2100 MHz and 2600 MHz at auction, which cost totaled to 23.6 million lari, Georgian National Communication Commission reported. The auction was ...
Sarke Information Agency

GEORGIAN SIDE HELD MEETINGS IN THE US IN CONNECTION WITH PLANNED REFINANCING OF EUROBONDS IN 2026

In preparation for refinancing of Georgia’s Eurobonds in 2026, Georgian delegation held meetings with investment and asset management companies in the US.
Sarke Information Agency

“MOODY’S” AND NBG HELD CONFERENCE ON MORTGAGE BONDS IN TBILISI

In cooperation with the National Bank of Georgia (NBG), the rating agency Moody’s held an international conference in Tbilisi on current trends in the banking sector and development of the mortgage ...
Sarke Information Agency

IN Q3, GEORGIAN BUSINESS SECTOR’S OUTPUT INCREASED BY 9.7% Y-O-Y

In the 3 rd quarter, output of Georgia’s business sector totaled to 25.4 billion lari, Sakstat reported. If compared to the same period of 2024, the volume has increased by 9.7%. Full text is not ...
Sarke Information Agency

NEW HEAD APPOINTED IN GEORGIAN RURAL DEVELOPMENT AGENCY

Georgian Ministry of Environment Protection and Agriculture reported about appointment of Zurab Gozalishvili as new head at the Rural Development Agency. According to the Ministry, Gozalishvili has ...