Interest in bank profitability is increasing every year. Google search data for Georgia shows that in 2017, there were 4,700 pieces (articles, blogs, comments, and other documents) found for “Banks’ Profit” while the same indicator in 2016 amounted to merely 2,990 pieces. In 2015, it was even smaller – 2,160 pieces. This growing interest has its own objective reason, which is simple: In 2017, compared to the previous year, profits for commercial banks increased dramatically by 190 mln. GEL (if you like percentages, it is 28%), and amounted to 869 mln. GEL.
The main purpose of the study is to analyse the current development status of the organic hazelnut sector in the key hazelnut producing areas of Georgia (Zugdidi, Tsalenjikha, Vani) and understand entire core process of the value chain from production to processing, and marketing.
ISET Policy Institute team conducted research on the current situation of the land registration process in Georgia, analyzed ongoing land reform, and outlined the challenges of land market development in the country.
The agricultural cooperative movement started a few years ago in Georgia and the registered farmer groups are currently still at the embryonic stage of development. The Soviet legacy and rather negative attitude towards earlier forms of cooperation (Kolkoz and Sovkhoz) has gradually faded among farmers, and today more than 1,400 cooperatives are registered with the Agricultural Cooperative Development Agency under the Ministry of Agriculture of Georgia.
In January 2018, Georgian power plants generated 1,014 mln. KWh of electricity. This corresponds to a 6% increase in total generation, compared to the previous year (in 2017, total generation in January was 955.5 mln. kWh). The increase in generation on a yearly basis comes from increase in wind and hydro power generation.