The GEO real property market grew by 0.1% (QoQ) in Q1 2018, in comparison with Q4 2017. The annual increase was more pronounced at 27.2% (YoY), in comparison with Q1 2017. TBS, with a 41.6% share in total sales in Q1 2018, dominated the GEO real property market.

ISET is accepting applications for the fourth module of the ISET Executive Leadership Program 2018 that starts on May 3, 2018.

In March 2018, Georgian power plants generated 997 mln. KWh of electricity. This corresponds to a 35% increase in total generation, compared to the previous year (in 2017, total generation in March was 740.7 mln. kWh). The increase in generation on a yearly basis comes from an increase in both hydro power generation and thermal power generation.

GEO real property market grew by 10.6% in 2017 in comparison with 2016. Annual increase was observed in all quarters, with the highest jump in Q2, 14.2% (QoQ) and 20.0% (YoY).

This year Georgia’s electricity market will have to go through some crucial reforms. The signing of the Association Agreement and Georgia’s accession to the energy community in October 2016 imposed some important obligations on the country to reform its energy markets. For the electricity market, 2018 will be a turning point.