Poti Port Sets Record Container Handling Figures

Among the strategic markets of Georgian wine, a special growth was recorded in Germany in the first quarter, where exports reached 375 thousand liters, which is 32% more than in the same period last year. Exports to the United Kingdom increased by 9% and reached 86 thousand liters.Also, a 4% increase was recorded in the People's Republic of China, where about 831 thousand liters of wine were exported.In the first quarter, alcoholic beverages were exported to 38 countries. In total, 7.6 million liters of products worth $56.6 million were exported. Revenue from exports increased by 3%.

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In detail: The residential segment index increased by 0.5 percent compared to the previous month and by 3.0 percent compared to the same month of the previous year The non-residential segment index decreased by 2.1 percent compared to the previous month and increased by 4.7 percent compared to the same month of the previous year The civil segment index decreased by 0.2 percent compared to the previous month and increased by 1.0 percent compared to the same month of the previous year In February 2026, the Construction Cost Index (CCI) decreased by 0.2 percent compared to the previous month. The change was mainly due to a 0.7 percent decrease in the prices for construction materials, which contributed -0.44 percentage points to the total index change.Compared to February 2025, the CCI increased by 2.4 percent. This was largely caused by the 9.8 percent increase in average monthly nominal wages of employees in the construction sector and by the 4.6 percent increase in the category of other costs, which contributed 2.89 and 0.29 percentage points to the total index change, respectively.Along with this, the Construction Cost Index posted a 23.7 percent increase compared to February 2022.

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Namely, Lion Finance Group (BGEO LN) shares closed at GBP 97.00/share (+4.02% w/w and -12.14% m/m). More than 294k shares traded in the range of GBP 90.85 - 97.15/share. Average daily traded volume was 114k in the last 4 weeks. The volume of BGEO shares traded was at 0.68% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 43.15/share (+5.50% w/w and -2.82% m/m). More than 319k shares changed hands in the range of GBP 39.70 - 43.45/share. Average daily traded volume was 66k in the last 4 weeks. The volume of TBCG shares traded was at 0.57% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 38.75/share (+8.85% w/w and +5.73% m/m). More than 268k shares traded in the range of GBP 34.85 - 38.80/share. Average daily traded volume was 58k in the last 4 weeks. The volume of CGEO shares traded was at 0.78% of its capitalization.

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According to the Administration of the President of Georgia, the two leaders discussed the high level of strategic partnership between the two countries and the successful cooperation across various fields.“As President Kavelashvili noted during the meeting, maintaining and further developing the robust strategic partnership between Georgia and Azerbaijan across all its dimensions remains a priority for Georgia. During their private talks, the presidents placed particular emphasis on the fact that preserving stability and peace in the region is assuming ever greater importance, against the backdrop of ongoing geopolitical developments and the fundamental reshaping of the international order.President Kavelashvili expressed his gratitude to the President of the Republic of Azerbaijan for Azerbaijan’s continued support for Georgia’s territorial integrity and sovereignty. He also thanked President Aliyev for personally visiting the Georgian Embassy in Baku to offer his condolences following the passing of His Holiness and Beatitude Ilia II, Catholicos-Patriarch of All Georgia. Upon the conclusion of the meeting, President Aliyev made an entry in the distinguished guests’ book,” reads the statement from the Administration of the President of Georgia.The meeting between Mikheil Kavelashvili and Ilham Aliyev took place at the Presidential Palace of Georgia.

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The annual inflation rate was mainly influenced by price changes for the following groups:Food and non-alcoholic beverages: the prices in the group increased by 7.5%, contributing 2.57 percentage points to the overall annual inflation rate. Within the group the prices increased for the following subgroups: fish (21.2%), fruit and grapes (13.4 %), bread and cereals (9.6%), meat (9.6 %), oils and fats (7.7 %), sugar, jam, honey, chocolate and confectionery (5.3 %), vegetables (4.9 %), milk, cheese and eggs (4.5 %), coffee, tea and cocoa (3.8 %), mineral waters, soft drinks, fruit and vegetable juices (2.1 %);Transport: the prices for the group increased by 4%, contributing 0.49 percentage points to the overall index. Within the group the prices increased for transport services (7.3 %) and operation of personal transport equipment (5.7%);Miscellaneous goods and services: the prices for the group increased by 9.8 percent, contributing 0.48 percentage points to the overall index. Within the group, the prices were higher mainly for the following subgroups: personal effects (58.1%), insurance (8.5%), personal care (4.3%);Alcoholic beverages and tobacco: the prices increased by 6.2%, with the relevant contribution of 0.39 percentage points to the overall annual inflation rate. The prices increased for both tobacco (8%) and alcoholic beverages (4.6%).

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Based on a judge's ruling, those arrested include the directors of Aladashvili & Co LLC, its subcontractor companies - Guide, Bade and Alioni, and one employee.According to the investigation, in 2023-2026, 12 contracts were signed between LLC “Aladashvili & co” and the administrations of four districts of Tbilisi (Isani, Chugureti, Mtatsminda, Krtsanisi), with a total value of more than 26.5 million GEL. The aforementioned procurement envisaged free food services for socially vulnerable citizens.According to the State Anti-Corruption Commission, the defendants improperly served 14,451 beneficiaries and fraudulently appropriated 3,529,000 GEL belonging to the state by falsifying documents.“The company’s director, together with subcontractors, improperly fulfilled their obligations. By falsifying product acceptance and delivery acts, the defendants fraudulently appropriated a large amount of state funds,” the agency’s statement says.The investigation is underway under Article 180 of the Criminal Code of Georgia (fraud in large amounts), which provides for a sentence of 6 to 9 years in prison.The Anti-Corruption Agency states that it continues to work to prevent such crimes and calls on entrepreneurs and public officials to conduct their activities in good faith.

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According to Papuashvili, the dialogue between the Georgian Prime Minister and the US Secretary of State is a sign that bilateral relations have moved to a higher political level. According to him, the Georgian side expects concrete steps as early as April of this year.The speaker emphasized that Tbilisi’s goal is not to restore the old format, but to sign a “content-rich” new framework agreement that will be based on the national interests of both countries.“Our proposal is that this be a framework saturated with content, where, based on the interests of both nations, we will agree on specific expectations and goals from this partnership,” Papuashvili said in a conversation with journalists.The speaker of parliament criticized the previous US administration, noting that they had brought relations to an “absolutely unacceptable” level. He also questioned the effectiveness of the Strategic Partnership Charter signed in 2009, calling it a “consolation prize” for then-President Mikheil Saakashvili.“Before, strategic partnership was somewhat of an epithet, since it was not very loaded with content... Now we want a new strategic partnership,” he added.According to Papuashvili, the start of a dialogue with Washington provides grounds for optimism and Georgia is ready for an agreement that equally reflects the interests of the American and Georgian people.

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During a meeting with journalists on Friday, April 3, the speaker clarified Bidzina Ivanishvili’s previous statement – ​​“What do the Americans want in the Black Sea?” According to Papuashvili, this statement was referring to the lack of economic interest.“It was a deliberate attempt to interest not only American investors, but also the US government... Unfortunately, we failed to arouse interest. This is exactly what the statement about the extent to which the US could have an economic interest in the Black Sea meant,” Papuashvili said.The Speaker of the Parliament emphasized that in the case of any strategic project, including the Anaklia port, the priority of the Georgian government is to protect national interests. According to him, all agreements are concluded in such a way that the state holds a majority and has the decisive say.Papuashvili also added that the Anaklia port is a very important part of the “middle corridor”, which is in the interests not only of Georgia, but of the entire region in terms of connecting Europe and Asia.According to the Speaker, the dialogue with the new US administration is taking place without setting conditions, on the basis of mutual interests, and Georgia is still open to American investments.

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