US Business in Georgia

Adjara Group to Build an International Airport in Kazbegi and Invest More in Aviation

The FINANCIAL -- Adjara Group plans to invest in building an international airport in Kazbegi, operate an Air Taxi service for private charter flights, and will soon introduce Intercontinental Hotel in Tbilisi, as Mr. Oto Berishvili, Director of Marketing and Business Development of Adjara Group Hospitality, told The ...

BLC Law Office Sees Significant Increase in Mergers and Acquisitions Deals

The FINANCIAL -- BLC Law Office has handled more than 50 cases in 2015. However, due to the difficulties in court proceedings and extended deadlines, only five of them have been concluded thus far. ...

Most Georgians Continue to Support EU Membership

The FINANCIAL -- 61 percent of Georgians support the country’s goal to join the European Union (EU), according to poll results released in October by the National Democratic Institute (NDI) and ...

Record Number of Businesses Registered by US Citizens in Georgia in 2015

The FINANCIAL -- The number of businesses registered in Georgia in cooperation with US citizens amounted to 154 units during January-October 2015, up from 69 from the same period of the prior year. ...

“It’s a Challenging Year, although it is Not Over Yet”

The FINANCIAL -- Georgian American Alloys (GAA), Inc., headquartered in Miami, Florida, manufactures and supplies ferroalloys used in the manufacturing of iron and steel through wholly-owned US based ...

General Director of Georgian Manganese: Crisis was encouragement for our team to find a market for surplus ores

The FINANCIAL -- Georgian American Alloys expects the following year to be more positive than the previous two ones and therefore plans to put investment of more than 20 million US Dollars into the ...

President of AmCham Georgia: We find that investors are more excited and willing to invest once they actually come and see Georgia

The FINANCIAL -- “The sectors in which US investors are most interested are: tourism - especially hotels; the medical sector with hospitals and clinics; infrastructure, such as the Anaklia Port; ...

GIG CEO: GIG to construct coal-fired power plant in Gardabani, Georgia

The FINANCIAL -- In response to increasing level of consumption, Georgian Industrial Group intends to construct a new 300 MW coal-fired power plant in Gardabani and commission it by the end of 2020, ...

World Bank ECA Regional Vice President: “Reforms to enhance the investment climate and expand access to infrastructure have improved the country’s competitiveness”

The FINANCIAL -- “In the area of private sector support and job creation - tourism development and the expansion of hospitality infrastructure demonstrated positive spillover effects on rural ...

Fady Asly: ICC does not encourage tax hikes but Georgia is going through an exceptional challenge

The FINANCIAL -- “The Government has gone through its learning curve in their past term and therefore we no longer expect any ill-thought-out legislation; now is the time to boost growth and the ...

BAT: “We will Continue to be a People-Focused Company”

The FINANCIAL -- British American Tobacco (BAT), celebrating its 20 year anniversary in the Caucasus this year, has managed to achieve a 26% share of the market, up from 3% from early 1995. Passion, ...

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