World’s fashion retailers to produce jeans in Georgia
12 August, 2017
World’s fashion retailers to produce jeans in Georgia
ZARA, MANGO, Bershka, Massimo Dutti will produce jeans in the small town of Ozurgeti, in Georgia’s western region of Guria, where a new clothing factory is planned to be opened.

The factory will launch operation in 2018.

At the first
stage, Turkish company "Baykanlar" will invest 2 million GEL in opening the clothing factory in Ozurgeti and will employ 300 people.

Over the next three years, creating a full sewing cycle, increasing the investment volume up to 15 million dollars and employing up to 1500 people is planned.

geotv.ge

Company "Ozurgeti Garment" has already been registered in Georgia. The company has already applied to Ministry of Economy for transmitting real estate as part of Produce in Georgia program. The agreement will be officially signed in several days.

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GEL Exchange Rate
Convertor
11.12.2017
12.12.2017
USD
1
USD
2.6794
2.6794
EUR
1
EUR
3.1462
3.1462
GBP
1
GBP
3.6081
3.6081
RUB
100
RUB
4.5141
4.5141
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Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
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Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
Some of Georgia’s commercial banks are already buying at 2 GEL per $1. Their webpages are publishing information regarding national currency’s exchange rate in real-time mode.
GEL Exchange
USD
1
USD
2.6794
EUR
1
EUR
3.1462
GBP
1
GBP
3.6081
RUB
100
RUB
4.5141
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