TBILISI, July 25 – Georgia has opened a sabotage investigation after two nationwide power failures struck on consecutive days, while Parliament Speaker Shalva Papuashvili called the repeated shutdowns an “unusual event”. The State Security Service said Saturday that it had launched the investigation following emergency electricity cuts across the country on July 24 and July … Read more
TBILISI, July 25 – Georgia’s power system collapsed again Saturday morning after a major transmission line went offline, the director of the Enguri hydropower plant said. Levan Mebonia, director of Enguri HPP, told pro-opposition TV Pirveli that the outage was caused by the shutdown of the 500-kV “Imereti” line. He said a heavy load was … Read more
TBILISI, July 24 – Georgia sharply increased electricity imports in the first half of 2026, with Russia and Turkey together supplying more than two thirds of the imported power, BPN reported Friday, citing data from Georgia’s National Statistics Office. From January through June, Georgia imported electricity worth USD 39.615 million. In the same period last … Read more
TBILISI, July 7 – Georgia says it will keep control of the planned Anaklia deep sea port, a major Black Sea project that the government presents as a key part of the Middle Corridor trade route between Asia and Europe. Economy Minister Mariam Kvrivishvili said on Monday that the project model has been changed, Rezonansi … Read more
TBILISI, July 2 – Georgian company Black Sea Petroleum says it will begin processing only non-Russian crude oil from August or September this year, in a move it says is part of market diversification. The company made the announcement in a statement dated July 1, cited by Interpressnews. Black Sea Petroleum said the switch to … Read more
TBILISI, June 27 – Georgia has launched the second phase of development at the new Poti port, a project officials say will strengthen the country’s role as a transport hub between Europe and Asia. The expansion comes as cargo traffic through the Middle Corridor is rising. The route links China and Central Asia to Europe … Read more
TBILISI, June 11 – The International Monetary Fund (IMF) has raised its 2026 economic growth forecast for Georgia to 6.5%, up from a previous estimate of 5.3%, BPN reported Thursday. The IMF said Georgia’s economy remains resilient, even as global uncertainty has increased because of the war in the Middle East. Real GDP grew by … Read more
TBILISI, May 27 – Georgia is bringing back an electricity barter scheme with Turkey, using surplus hydropower in summer to cover expected shortages later in the year. The change was approved by Economy Minister Mariam Kvrivishvili, and will mean that Georgia will export electricity to Turkey from May to July 2026 through the Electricity System … Read more
TBILISI, May 21 – A new study reveals that key parts of the business sector in the port city of Poti are controlled by just a handful of business groups. Georgia’s Black Sea port city of Poti is one of the country’s gates to the world. Cargo, fuel, grain, fish, terminals, warehouses and transport routes … Read more
TBILISI, May 13 – Georgia’s foreign trade turnover reached USD 8.13 billion in the first four months of 2026, up 1.7% from the same period last year, according to preliminary data from the National Statistics Office. The figure covers trade in goods from January through April and does not include undeclared trade. Exports showed the … Read more