Industry
Wealth has always been in the hands of a small section of humanity – feudal lords, kings, rulers, and their associates. The emergence of financial institutions improved the situation, but...
G-T Group which was founded in 2015 by Jaba Shelia and Giorgi Altunashvili, is today a strong player in the IT industry. Now it is a partner of about 50...
Forbes Georgia has observed the large-scale transformation of Mastercard in Georgia with great interest. The Mastercard country manager in Georgia and Armenia, David Zgudadze, is leading this process. Mastercard is...
Caucasus Medical Centre is celebrating its fifth anniversary. The hospital received its first patient on 5th March 2018. Today it employs 1,200 people, incorporates nearly every component of healthcare, and...
Founded thirty years ago, the pharmaceutical company PSP now holds 35% of the local market share, employs 5,000 people and is one of the most profitable companies in Georgia. Vazha...
The total portfolio of European leasing companies accounts for around 5% of GDP, while in Georgia, the figure is less than 1%. This indicates that the leasing market in Georgia...
In March, Wyndham Batumi Hotel hosted a presentation of a large-scale hotel project Wyndham Grand Residences Batumi Gonio & Wyndham Grand Hotel Batumi Gonio. The event was attended by: Representatives...
Meet the new player in our aviation sector. With an initial investment of $10 million, Gryphon AIR CARGO wants to help Georgian exporters crack global markets. The development of cargo...
m² has been operating in the Georgian development market for more than fifteen years, promising customers better living. Today the company is moving onto its next phase of development, rebranding...
TBC is expected to have seven million customers by 2025, which is almost twice the population of Georgia. “We will definitely reach this target,” says CEO Vakhtang Butskhrikidze as he...
Twenty years in the market and up to five hundred projects implemented across Georgia – chief among them the construction of the Chiatura ropeway, the Vani Museum of Archeology, Ambrolauri...
Micro, small and medium businesses (SMEs) make up the vast majority of enterprises in Azerbaijan, like in most countries of the world. Approximately 99.6% of Azerbaijan’s enterprises represent small and...
28 billion GEL is the sum of all the revenues of the 150 largest private Georgian companies excluding the banking sector in 2022. The following is a list of the...
TNET is Set to Become the Largest Technology Firm in Georgia and the Region by Uniting Several Digital Platforms (Myauto.ge, Vendoo.ge, Tkt.ge, Livo.ge, Mymarket.ge, Myhome.ge, Myparts.ge and Swoop.ge) and Making...
In 2021, Georgian companies earned $400 million in total revenue from wine and brandy exports, a record figure in the history of independent Georgia. Wine exports alone increased by 18%...
Duty-free business is still struggling with the negative effects of the pandemic. The company Duty Free Georgia which manages seven stores on the borders of Georgia, could not return to...