EDITION
Sector stories & insights.
On 2 November, Georgian education and technology company GeoLab reported its expansion into Austria through “The ART of Using AI” programme, supported by the EU and UNDP under the Georgia Innovation Challenge. The programme delivered eight online workshops and two in-person sessions in Graz, recording 203 registrations and approximately 84 unique attendees. No separate programme budget or participant fee was disclosed.
The initiative creates opportunities for international education partnerships, professional AI training and exportable knowledge services. HPC can support institutional partnerships, training-market research and international programme development.
On 6 November, family-owned organic winery Chkhaveli reported that heavy rainfall and high humidity had destroyed approximately 40% of its 2026 grape harvest in Adjara. The winery, established in 2023, currently produces around 2,000–2,500 bottles annually and plans to maintain organic production despite the losses. No financial damage estimate or compensation amount was disclosed.
The incident highlights climate-related risks for agriculture, organic farming and rural businesses. HPC can support environmental assessments, climate-risk research and sustainable agriculture investment planning.
National Bank of Georgia and Bank of China Sign Financial Market Cooperation Agreement
On 4 November, the National Bank of Georgia reported an agreement with Bank of China enabling it to access essential services for operations in China’s Interbank Bond Market. The agreement was highlighted following the Tbilisi Finance Summit, held on 27–28 October with approximately 1,000 participants from around 60 countries. No transaction value or investment commitment was disclosed.
The cooperation creates opportunities in cross-border investment, currency-market services and regional financial connectivity. HPC can support financial-market research, investment assessments and cross-border partnership planning.
On 4 November, Deputy Finance Minister Giorgi Kakauridze said state budget revenues had exceeded initial projections by approximately GEL 800 million. The government plans to revise the 2026 budget and redirect funds towards projects with stronger implementation progress, with amendments expected to go before Parliament. The exact increase in total budget expenditure and individual project allocations had not yet been announced.
The revision creates opportunities in public investment monitoring, government procurement and project-finance planning. HPC can support policy research, budget analysis and public-sector project evaluation.
On 6 November, Georgia’s healthcare inflation was reported at 8.4% for October 2026. Prices for certain medicines and medical services had increased by 5%–15% year-on-year, while outpatient services became almost 12% more expensive. Health insurance prices also rose by 8.5%, according to Geostat; no new national healthcare investment package was announced.
The rising costs create opportunities for healthcare cost analysis, medical supply procurement and insurance-market research. HPC can support healthcare supplier assessments, market intelligence and hospital-cost planning.
Rising Workforce Costs Put Pressure on Georgia’s Construction and Healthcare Sectors
On 6 November, Geostat figures reported that average monthly nominal wages in construction rose by 7.3% in September compared with August, contributing to higher construction costs. Separately, healthcare-sector salaries were reported to have increased by approximately 40% over the past four years. No new national workforce training budget or recruitment programme value was disclosed.
The figures highlight demand for workforce planning, salary benchmarking and skilled-labour retention. HPC can support labour-market research, HR strategy and skills-gap assessments.
Georgia’s weekly economic review published on 1 November reported that Batumi Port’s cargo turnover had increased by 13% to 6.25 million tonnes. The increase highlights the port’s growing role in regional trade and cargo movement, although the weekly report did not disclose a new port expansion contract or the value of additional cargo-handling investment.
The growth creates opportunities for freight operators, warehousing companies, shipping agents and logistics suppliers. HPC can support supply-chain research, logistics-market assessments and supplier identification.
Georgian Railway Begins GEL 7 Million Rehabilitation of Tbilisi Central Station
On 1 November, Georgia’s weekly economic review reported that Georgian Railway had begun rehabilitation work at Tbilisi Central Station. The project carries a reported cost of GEL 7 million, creating a new investment opportunity in passenger infrastructure and station modernisation. No additional contractor award or completion date was disclosed in the weekly update.
The project creates opportunities for construction companies, railway equipment suppliers and engineering contractors. HPC can support infrastructure research, procurement planning and project feasibility assessments.
On 6 November, Georgia’s Revenue Service announced that electronic purchase acts would replace paper-based records for goods purchased from individuals from 1 December 2026. Buyers will issue records through authorised Revenue Service accounts, while sellers will be able to confirm transactions through SMS codes, mobile links or their own accounts. No separate implementation budget or service fee was announced.
The change creates compliance requirements for businesses purchasing goods from individuals and increases the importance of accurate digital records. HPC can support regulatory monitoring, tax-compliance research and business-process assessments.
On 4 November, Georgia’s Competition and Consumer Agency confirmed that Feri’s acquisition of a 25% stake in EI Energy was compatible with competition requirements. The stake had been acquired in June, and the company is now a shareholder in the planned 50 MW Marneuli solar power project, targeted for completion in 2027. The transaction price was not disclosed; Feri was fined GEL 17,000 for late notification of the concentration.
The transaction creates opportunities in renewable-energy partnerships, corporate investment and project finance. HPC can support transaction research, financial modelling and investment due diligence.
On 3 November, the National Statistics Office of Georgia reported that consumer prices increased by 0.9% month-on-month in October, taking annual inflation to 5.9%. Transport prices rose 21.9% year-on-year, housing and utilities increased 10.1%, healthcare rose 8.4%, and food prices increased 3.1%. Annual core inflation stood at 4.0%.
The figures create demand for price monitoring, consumer research and sector-level forecasting. HPC can support market intelligence, inflation analysis and data-driven business reports.
On 6 November, the Georgian National Tourism Administration reported that approximately 20 Georgian tourism companies had participated in World Travel Market London 2026 with a national stand. Promotional activity focused on cultural heritage, destinations and four-season tourism. The UK market recorded an 18.2% increase in visits during July–September, reaching 18,233 visits; no national pavilion budget or marketing contract value was disclosed.
The participation creates opportunities for destination branding, international media partnerships and tourism promotion. HPC can support marketing research, B2B communications and international promotional strategy.
On 5 November, developer Dreamland Development reported that construction at its Dreamland Park residential project in Chakvi was progressing actively. Apartments were being offered at approximately US$67,000–68,000, with a 20% initial payment, 30% payable over 34 months through an interest-free instalment plan, and the remaining 50% due at completion. The advertised monthly payment starts at approximately US$590, with the promotional offer valid until the end of 2026.
The project creates opportunities in residential sales, property investment and construction services. HPC can support real-estate market research, project feasibility assessments and investment analysis.
Tbilisi Finance Summit Showcases Fintech Innovation and Startup Solutions
On 4 November, the National Bank of Georgia reported that the Tbilisi Finance Summit had hosted an international fintech hackathon Demo Day, where local and international teams presented solutions to financial-sector challenges. Winning teams received cash prizes from the Georgian Innovation and Technology Agency and opportunities to attend technology events in Dubai and Singapore; the individual prize amounts and total prize pool were not disclosed.
The event creates opportunities for early-stage fintech companies, technology incubators and investors seeking regional partnerships. HPC can support startup research, business-plan development and investor-readiness assessments.
Georgian Parliament Plans GEL 11,326.84 Purchase of AI Software Licences
On 6 November, procurement documents showed that Georgia’s Parliament planned to purchase annual ChatGPT Business subscriptions for seven employees at a total estimated cost of GEL 10,500, together with a Claude AI Pro subscription costing GEL 826.84. The licences are intended to support workflow automation, document analysis, text processing and administrative efficiency; the reported total estimated procurement value is GEL 11,326.84.
The procurement highlights growing public-sector demand for artificial intelligence and digital productivity tools. HPC can support AI adoption research, digital transformation planning and technology-vendor assessments.
On 6 November, reporting based on PMCG Research and Booking.com data showed that average hotel room prices in Georgia during September 2026 ranged from GEL 130 for family-type accommodation to GEL 546 for five-star hotels. Three-star hotels averaged GEL 186 and four-star hotels GEL 290, while five-star averages reached GEL 795 in Guria and GEL 775 in Kakheti. The overall hotel price index fell 7.2% month-on-month but remained 8% higher year-on-year.
The figures create opportunities for hotel operators, travel agencies, tour companies and hospitality investors planning seasonal pricing. HPC can support tourism-market research, destination analysis and hospitality investment planning.