Georgian business in figures
16 September, 2010

Georgian business turnover accounted for GEL 5. 736 billion and the total business production – to GEL 2.980 billion by the end of the second quarter of 2010, Geostat, Georgian National Agency of Statistics, informed Georgian Journal.
Total business turnover breaks down according to the size of enterprises as following: Big enterprises make 83.3% of the total business turnover, medium sized enterprises – 8.5%, and small enterprises – 8.2%.


The situation is slightly different from production point of view. Big

business makes 81.3% of total production, medium sized enterprises – 9.5%, and the small one – 9.2%.  Total amount of goods and services procured by Georgian enterprises during the reported period accounted for GEL 4.199 billion. The total amount of on-sale goods and services amounted to GEL 2.770 billion approximately.
Purchase of goods and services is redistributed by size of enterprises as following: big enterprises take 84.3%, middle  sized enterprises – 8.2%, and the small ones – 7.5%.
The on-sale procurement almost duplicates the above statistics.  Big enterprises make 86% of total on-sale goods and service in the second half of the 2010; middle sized enterprises – 7.4%, and the small enterprises – 6.6%.
Total volume of investments implemented by Georgian enterprises in the fixed capital accounted for GEL 1.73 billion that redistributed among business as following: big business makes 94.5% of total investments, middle  sized enterprises – 3.5%, and small enterprises – 2%.

Total amount of people working in enterprises accounted for 371341 persons out of which 41.3% is made by women, and 58.7% - by men.  58.7% of total number of people working at enterprises comes with big business; middle  sized enterprises make 19.7%, and small ones – 21.6%.

Total number of employees at Georgian enterprises amounts to 354919 persons out of which 42% is made by women and 58% - by men. The figure is redistributed among enterprises as following: big enterprises employ 61.3%, middle  sized enterprises – 20.4%, and the small ones – 18.3%.

Total amount of expenditures made by Georgian enterprises in the reported period accounted for GEL 650.9 per person. 75.9% of the figure comes with big business, 14.2% - middle sized enterprises, and 9.9% - on small business.  An average monthly salary in Georgian business sector accounted for GEL 600.6, women’s salary accounts for GEL 434.7.  Big enterprises offer GEL 739.9 per month, middle enterprises – GEL 424, and small enterprises – 331.5.
Prevailing business sectors in the total turnover are trade, repair of motor cars as well as household goods and goods of private consumption. These sectors make 48.8% of total Georgian business turnover. The runner up is processing industry by 15.4%, transport and communication is third by 14.3%, construction makes 6.8%, electricity, natural air and water producing and distribution make 5.2%.
In total production prevails processing industry by 27.2%, transport and communication – by 19.2%, trade, repair of motor cars, household goods and goods of private consumption make 16.3%, construction – 12.9%, and electricity, natural air and water producing and distribution make  6.7%.
Tbilisi prevails in total business turnover across Georgia in the second quarter of 2010. It makes 73.1% of total turnover according to regions. Lower Kartli makes 6.8%, Imereti – 5.3%, Ajara – 5.1%, Samegrelo-Upper Svaneti – 4%. 
Tbilisi leads the production of goods as well by 65%. Lower Kartli cuts 10.4% in total Georgian production, Imereti – 6.3%, Ajara – 5.7%, and Samegrelo-Upper Svaneti – 4.6%.

Other Stories
Georgian citizens are granted the right to work in France
The French Embassy in Georgia made remarks on granting Georgian citizens the right to work in France
The New York Times: Bitcoin declines but Georgia still bet on it
The New York Times has recently published an article about reasons, challenges and causes of generating Bitcoin in the former Soviet country Georgia.
EU to allocate € 13 billion for Eastern Partnership countries, including Georgia
The European Union together with the World Bank plans to allocate investment worth € 13 billion for infrastructure projects in the Eastern Partnership countries.
Anaklia Port and its importance for Georgia
In 2016, Anaklia Development Consortium was authorized to launch the construction of Anaklia Port.
Cryptocurrency mining threatens electrical network in Abkhazia
In the breakaway region of Akbhazia rampant cryptocurrency mining is threatening the shaky electrical network, reports an article of the news portal EuroNet.
Caucasus Wine University to be opened in Gurjaani
In the Kakheti region a new viticulture campus of the Caucasus University is in the process of planning.
Photos describing life of the poorest in Georgia
Fight with poverty should be among top priorities of every government in every country.
Training farmers to rescue the organic hazelnut production in Georgia
Even drizzling rain and unpleasant gusts of wind can’t prevent the farmers from coming and participating in the agricultural training.
Bleak times for organic farmers in Georgia – but there is hope
Organic hazelnut production is a delicate plant in Georgia that has emerged just a couple of years ago. Various pests, among them the Asian stink bug Parosana, trouble hazelnut farmers and menace their livelihood – even before their businesses could really take off.
Hybrid car imports are going through the roof in Georgia
Thanks to their fuel economy, the popularity of hybrid cars is increasing in Georgia, where fuel affordability is low and prices for fuel are unstable.
The New Year offer from MAQRO Construction - Apartments with unbelievable discounts and the parking spaces for FREE!
Location, green yard, spaces for various needs, experience of the construction company and parking space are the main important criteria for potential buyers of apartments.
Interview with the co-founder of Kiwi Vegan Café – the first vegan place in Tbilisi
Behind the Kiwi Vegan Café stands a group of activists who wants to raise Georgian’s awareness for animal rights and welfare.
Biblusi opens first shop for tourists - Georgian
The largest book shop in Georgia Biblusi opens the first shop specially designated to the needs and interests of tourists and named it Georgian.
Georgia improves by five ranks in the Prosperity Index
In the overall Prosperity Index rankings, Georgia has climbed by 5 positions from 85 to 80 when compared to last year. As such, Georgia is the best performing country in the CIS zone.
The future is bright for electric cars in Georgia
The numerous hybrid cars in the streets of Tbilisi cannot be overlooked. Entrepreneur Sulkhan Gvalia calls them “pagers”, referring to the predecessor of mobile phones.
Georgia’s fight against the big tiny enemy – Asian Parosana
It’s a tiny creature, but the harm it did to the Georgian agriculture sector was and still is immense.
New cable route: from Kobi to Gudauri in 15 minutes
On the 15th of December, cable transport is scheduled to be opened connecting Kobi and Gudauri.
Tourist boom in Gudauri – majority of hotels are booked by foreigners
Gudauri is among the most popular winter resorts in Georgia.
Medical tourism increases in Georgia
In the last 9 months, Georgia was visited by 19 500 foreigners for medical and recovery purposes.
Doing business in Georgia has become easier than in America
According to the Doing Business 2019 report published by the World Bank, Georgia ranked 6th among 190 countries in terms of simplicity of doing business. This was an improvement over two ranks compared to last year.
Problems that foreigners frequently face in Georgia
The importance of Georgia as a tourism hub is growing year after year.
Tbilisi TV Broadcasting Tower – Better than the Eiffel Tower?
It is planned to renovate the Tbilisi TV Broadcasting Tower, one of the landmarks in the capital.
Georgian Fusion Menu by The Biltmore Hotel Tbilisi
5,895,914 international visitors have visited Georgia between January and August of 2018. Compared to the previous year the number has increased by 12.2 per cent.
Advertising of gambling and lucrative games may become banned in Georgia
Advertising of gambling and lucrative games may become banned in Georgia. Those who violate the new rule would be fined GEL 10 000.
Lebanese café-lounge Beirut opens in Tbilisi
What is necessary to organize an unforgettable event? – Fun, emotions, lots of surprises, good music and delicious menu.
GEL Exchange Rate
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
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.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
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
GEL Exchange
February 2019
Mon Tue Wed Thu Fri Sat Sun
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28