Georgia’s GDP Declined by 12.3% in Q2 of 2020

The FINANCIAL — National Statistics Office of Georgia published data of Gross Domestic Product of Georgia (2020 II quarter, preliminary data). In Q2 2020 the nominal GDP amounted to GEL 11 210.0 million. The real Gross Domestic Product (GDP) declined by 12.3…

3 mins read

Construction Company Ecohouse Consolidates into Holding

One of Georgia’s largest construction companies, Ecohouse, has transformed itself into a holding company, and acquired ownership of Ecohouse Factory and Ecohouse FIZ. General Director of Ecohouse Davit Morchiladze and Commercial Director Giorgi Perishvili told us that the company plans to introduce…

5 mins read