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
The World Digital Mining Summit to be held in Georgia
The summit is scheduled to take place between 21st-23rd September in the Hualing Hotel, Tbilisi, Georgia.
Galt and Taggart - Tourism Boom Continues in Georgia
Tourism has become one of the key drivers for the Georgian economy. Galt and Taggart has recently published research about the Georgian tourism sector in the first half of 2018.
"The worst dream for Putin is that Russians want to live in Georgia"
This year, visitors to the Adjara region would notice that there is a boom in construction in and around Batumi.
Underground gas storage facility to be built in Georgia
KfW, a German government-owned development bank signed a EUR 150 million promotional loan with the state-owned Georgian Oil and Gas Corporation (GOGC) for the construction of the first underground gas storage facility in Georgia.
New gambling rules for Georgia
Georgian lawmakers are preparing a new draft law relating to online-casinos and gambling that will seek to curb gambling addiction in Georgia.
How expensive is it to visit Georgia?
The Georgian Lari (GEL) is the official currency of Georgia and is the only legal means of payment in the entire territory of Georgia.
Trade with the EU and the Commonwealth of Independent States (CIS) has grown significantly
Trade with the EU and the CIS has grown by 26% and 33.5 % respectively, says GeoStat, the Georgian National Statistics Office.
The unemployment rate decreases in Georgia
The unemployment rate decreased in Georgia by 1,9% and amounted to 12.1% in the 2nd quarter of 2018 compared with the previous quarter,
Memorandum of Understanding to be signed between Georgia and Malaysia
According to the Georgian Ambassador to Malaysia Nikoloz Apkhazava, Georgia plans to sign a Memorandum of Understanding (MoU) with Malaysia.
“Blauenstein Georgia” due to expand in Georgia
“Blauenstein Georgia” is planning to open more shops in Georgia. It is an agriculture company that sells meat products, meat and convenience food.
The amount of Direct Foreign Investment rises in Georgia
According to the information of the National Statistics Office of Georgia, the amount of direct foreign investment in Georgia has risen
It’s going to get  harder for foreigners to get residence permit in Georgia
It’s going to get harder for foreigners to get permit of residence in Georgia.
Mziuri Park in Tbilisi to be renovated soon
It was the dream of prominent Georgian writer Nodar Dumbadze that when the original Mziuri park was constructed and opened in 1892 that it should be a park for children,
Winemakers to produce Kvanchkara in its place of origin - Racha
Khvanchakara is a semi-sweet Georgian red wine which originates from Racha, in the western part of Georgia. Kvanchkara is made of two types of grape Mujuretuli and Aleksandrouli.
The level of Georgian wine and Chacha exported has increased
The National Wine Agency of Georgia has recently published statistical information about the level of Georgian wine and Chacha exported between January and July, 2018.
New fire engines to be Manufactured in Georgia
The Acting Head of the Emergency Management Agency Shalva Khutsishvili said that the old Zili fire engines (which were made in the USSR) will be phased out and replaced with new ones, manufactured in Georgia.
Georgia witnesses a record number of tourists
The Georgian National Tourism Administration publishes statistical information about international visits to Georgia.
Canadian businessman plans to build a hotel in Bakhmaro
Canadian businessman Vadim Malishev plans to build a hotel in Bakhmaro resort, Guria, in the western part of Georgia.
Coffee Factory will open in Tbilisi in October
The first coffee factory (which will be located on the Kakheti highway) in Tbilisi will open in October.
Places in Georgia where real estate is the most expensive
The real estate market in Georgia is growing annually. In Tbilisi as well as other regions of Georgia new developments are increasingly taking place.
How much does a vacation cost in Tbilisi?
It is the middle of summer and those who have not yet taken a vacation are looking for an appropriate place for sure!
The price for extreme sports in Georgia
Georgia offers a variety of options to extreme sport lovers.
The number of Georgians who own property abroad increases
The number of foreign properties owned by Georgians is increasing.
How much does Taxi cost in Tbilisi?
Stories how Taxi drivers try to deceive passengers and charge them with more money than they should pay are known for everybody all over the world.
What are the highest paid areas in Georgia
According to the data collected by the National Statistics Office of Georgia in the first quarter of 2018 the highest paid jobs in Georgia are found in the financial and insurance fields.
Exchange Rates
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
September 2018
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 29 30