During the same period, milk imports increased significantly by roughly 50%, with the fastest growth observed since 2021. Meanwhile, the national herd of cattle has been steadily declining since 2021, and cow productivity continues to lag behind EU and regional benchmarks. This limits the potential for domestic production growth despite relatively stable output.As a result, growing domestic demand for both raw milk and higher-value dairy products is increasingly met through imports, including raw milk, milk powder, cheese, and butter. These imports are concentrated among a few supplier countries, predominantly within the European Union.Georgia’s dairy sector continues to experience steady growth in consumption, particularly for high-value dairy products. Cheese maintains a dominant position in the consumption basket, both in terms of volume and value, reflecting shifting consumer preferences and market trends.
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Electricity consumption in Georgia grew by 3.6% year-on-year to 1,200 GWh in November. Retail consumption decreased by 3.8% to 675 GWh, while large consumers’ usage rose 41.3% to 312 GWh. The Autonomous Republic of Abkhazia saw a 9.6% decline in electricity consumption to 213 GWh.The average weighted price on the balancing market in November was 5.53 US cents per kWh, a 0.8% decline compared to the same month last year. Monthly prices on the balancing market fell 5.3%, while the 11-month cumulative price increased 5.1% to 5.81 US cents per kWh.In November, Georgia imported 111 GWh of electricity, paying $3.3 million, with Russia as the supplier. Of this imported electricity, 30 GWh was directed to meet the needs of occupied Abkhazia.
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In Tbilisi, the largest contributors to GDP are wholesale and retail trade, including vehicle and motorcycle repair (23.7%), real estate activities (10.9%), and construction (10.4%). In Adjara, construction (14.7%), real estate activities (12.6%), and wholesale and retail trade (9.5%) lead the regional economy.Imereti, the third-largest regional economy, is driven by agriculture, forestry, and fisheries (11.4%), manufacturing (10.1%), and education (9.8%). In Kvemo Kartli, significant GDP shares come from manufacturing (16.1%), agriculture and related activities (14.1%), and public administration and defense (9.6%).These figures highlight the concentration of economic activity in Tbilisi while showing the diverse economic structures across other regions.
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The project will be extensive, including the construction of both tracks and overhead contact lines. “Georgian Railways also plans to build a cargo station linking directly to Anaklia Port. The new railway infrastructure is expected to be completed within 2 to 2.5 years,” Abashidze stated.This initiative is part of broader efforts to enhance Georgia’s transport and logistics network, improving connections between the country’s ports and regional trade routes.The Anaklia rail link is anticipated to boost cargo traffic and facilitate more efficient trade, positioning Georgia as a key logistics hub in the region.
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Prosecutor General Giorgi Gvarakidze made this announcement during a briefing at the Georgian Prosecutor’s Office.Liluashvili faces charges relating to multiple episodes, including bribery, so-called call centres, and procurement contracts at the nursery management agency.“As a result of joint operational and investigative efforts conducted by the Prosecutor General’s Office of Georgia and the State Security Service, the former head of the State Security Service, Grigol Liluashvili, has been arrested. He is currently under investigation for bribery in several criminal cases.First episode: In October 2022, through the then-First Deputy Minister of Economy and Sustainable Development, Romeo Mikautadze, he accepted a bribe of one million US dollars from Turkish investor Çağatay Ülker, to lobby on his behalf for the execution of a memorandum of cooperation related to the construction of wind power stations.Second episode: In February 2022, again through Romeo Mikautadze, he demanded and extorted one million five hundred thousand Georgian lari from Giorgi Khazhalia, founder of the company ‘Expressservice 2008’, in exchange for assistance with gasification tenders.Third episode: This concerns the period between 2021 and 2023, when, despite the government’s declared legal battle in this direction, several dozen fraudulent call centres continued to operate in the country. According to witness testimony, the vast majority of these call centres belonged to a group of individuals who used the proceeds to finance various opposition media outlets, whilst a relatively small portion of the call centres operated under the primary protection of Grigol Liluashvili, who conducted this activity through his relative, Sandro Liluashvili.As a result of this criminal activity, Grigol Liluashvili received approximately USD 1,365,000 in bribes through the intermediary Sandro Liluashvili.We also inform the public that, based on these factual circumstances, the investigation is working intensively, alongside gathering evidence against other individuals involved in the criminal scheme, on a theory according to which Grigol Liluashvili, together with other co-conspirators, ensured that the existence of fraudulent call centres financing opposition media was not exposed, whilst the opposition media, for their part, did not report information about the existence of fraudulent call centres under Liluashvili’s protection, despite possessing this information.Fourth episode: Grigol Liluashvili, exploiting his official position, protected his friend, Kakha Gvantseladze, the former director of Tbilisi City Hall’s Nursery Management Agency, in exchange for bribes, who received exceptionally large sums of money in the form of bribes, so-called kickbacks, from business entities in the execution of procurement contracts for nurseries.In the aforementioned criminal scheme involving Liluashvili and Gvantseladze, Kakha Gvantseladze involved employees from the agency’s financial accounting and settlement division, as well as monitoring staff. Resolutions have been issued to hold all of them accountable as defendants in criminal proceedings.Hundreds of investigative actions have been conducted in the criminal case, including interrogation with witnesses whose testimony confirms the commission of crimes by Grigol Liluashvili and others. Various pieces of evidence substantiating the crimes have also been obtained, including video and audio recordings,” Giorgi Gvarakidze stated.According to the Prosecutor General, Grigol Liluashvili is charged under Article 338, Part 2, Subparagraph ‘g’ and Part 3, Subparagraph ‘e’ of the Criminal Code of Georgia, which refers to bribery by a group acting with prior agreement and on an exceptionally large scale, carrying a sentence of 11 to 15 years’ imprisonment.
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"The most difficult terrain for the railway is the pass section. Trains spend the longest time crossing this area, and the modernization project has provided us with a completely new infrastructure. It is worth noting that from January 1, the existing 47-wagon fleet will become 57, and we will also increase the weight of the trains, which will allow us to transport much more cargo per shipment,” said Lasha Abashidze.According to his assessment, in addition to reducing transit time, the main challenge for Georgian Railways is the renewal of the wagon and locomotive fleet.According to the company’s General Director, the railway will no longer repair old locomotives.“We have made a decision to completely renew the locomotive fleet. We will purchase completely new locomotives and have a new, modern locomotive fleet. This is the largest project for the railway that we will implement,” said the General Director of the Railways.According to him, with the reduction of transit time and a new locomotive fleet, Georgian Railways will become even more attractive for strategic partnerships in the "Middle Corridor".
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Georgian wine imports to the US decreased by 28%
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VASPs to Come Under Full NBG Supervision in Georgia
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Railways will no longer repair old locomotives - locomotive fleet will...
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