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NEWS

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Welcoming Our New Consultant in Water, Wastewater and Solid Waste Management

22-Jul-2019

Welcoming Our New Consultant in Water, Wastewater and Solid Waste Management

We are pleased to announce that Mr. Zurab Jikia, a high-profile professional with sound experience in water infrastructure management, has joined our team.We extend a warm welcome to Mr. Jikia, whose areas of expertise include managing and coordinating components of pro...

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Supporting Water Policy Reform in Georgia

17-Jul-2019

Supporting Water Policy Reform in Georgia

We are collaborating with the Ministry of Regional Development and Infrastructure (MRDI) in order to enhance water and wastewater management system decentralization in Guria and Mtskheta-Mtianeti regions.More specifically, PMCG will collect primary and secondary data re...

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Analyzing the Diversification of the Rural Economy in Georgia

16-Jul-2019

Analyzing the Diversification of the Rural Economy in Georgia

At the end of June and the beginning of July, PMC Research conducted three presentations and public discussions on the outcomes of the policy brief “Diversification of Rural Economy in Georgia” in Mtskheta, Tkibuli, and Batumi.The main goal of the research was to study ...

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PMCG Contributes to Decentralization and Local Self-Governments in Georgia by Developing Guidebooks

16-Jul-2019

PMCG Contributes to Decentralization and Local Self-Governments in Georgia by Developing Guidebooks

We recently finished working with Georgian local self-governments (LSG) to enhance their institutional capacity, systems and resources to ensure more effective public service delivery and investment management. After analyzing existing processes for capital investment p...

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PMCG Nominated at Emerging Europe Awards 2019

08-Jul-2019

PMCG Nominated at Emerging Europe Awards 2019

We are pleased to announce that we have been shortlisted by the Emerging Europe Awards in the category of Tourism Campaign of the Year.This year, 1,000 applications were made across 12 different categories, by 120 companies and organizations from the 23 countries of eme...

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Introducing our New Consultant, Giorgi Papava

25-Jun-2019

Introducing our New Consultant, Giorgi Papava

We are glad to announce the arrival of Giorgi Papava to our team, as our new Consultant in Economic Policy, Economic Governance and Public Finance Management (PFM). We welcome Mr. Papava, who brings with him sound experience in the field of economy, international t...

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Two Georgian Projects Presented at European Development Days (EDD) for First Time

20-Jun-2019

Two Georgian Projects Presented at European Development Days (EDD) for First Time

On June 18-19, we participated in, and presented two Georgian projects at, the European Development Days (EDD) 2019 in Brussels, the first time that projects from Georgia have been showcased at the forum in its 14-year history. The EDD, organized by the European Co...

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Supporting Parliamentary Committee to Enhance Legislative Drafting

19-Jun-2019

Supporting Parliamentary Committee to Enhance Legislative Drafting

We have recently started working on a new project, which is aimed at supporting the Environmental Protection and Natural Resources Committee of the Parliament of Georgia to adopt a legislative initiative entitled “Green Lines.” This initiative is designed to set standar...

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USAID Economic Security Program Launched to Facilitate Development of Business Sector in Georgia

19-Jun-2019

USAID Economic Security Program Launched to Facilitate Development of Business Sector in Georgia

On June 7, USAID Georgia Economic Security Program was officially launched. This five-year program aims to foster broad growth of micro, small, and medium enterprises (MSMEs) outside of agriculture that show strong potential to create jobs, increase income, and support ...

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Analyzing Municipal Social Policy in Shida Kartli Region

18-Jun-2019

Analyzing Municipal Social Policy in Shida Kartli Region

On June 11, PMC Research conducted a presentation and public discussion on the outcomes of the research ”Municipal Social Policy Analysis in the Shida Kartli Region" in Gori. The main objectives of the study were to evaluate existing municipal social programs in Sh...

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PUBLICATIONS

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Hotel Price Index (June, 2019)

22-Jul-2019

Hotel Price Index (June, 2019)

In Georgia, the average cost of a room in a 3-star hotel was 137 GEL per night in June 2019. While the average cost of a room in a 4-star hotel in Georgia was 232 GEL per night and the average cost of a room in a guesthouse was 76 GEL per night. The average cost of a room in a 5-...

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Hotel Price Index (May, 2019)

21-Jun-2019

Hotel Price Index (May, 2019)

In Georgia, the average cost of a room1 in a 3-star hotel was 128 GEL per night in May 2019. While the average cost of a room in a 4-star hotel in Georgia was 219 GEL per night and the average cost of a room in a guesthouse2 was 76 GEL per night. The average cost of a room in a ...

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Hotel Price Index (April, 2019)

27-May-2019

Hotel Price Index (April, 2019)

In Georgia, the average cost of a room in a 3-star hotel was 123 GEL per night in April 2019. While the average cost of a room in a 4-star hotel in Georgia was 215 GEL per night and the average cost of a room in a guesthouse was 70 GEL per night.The average cost of a room in a 5-...

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New Initiative “Trade Ready” Launched to Support SMEs and Facilitate Exports

22-Oct-2018

Trade Ready News


On October 16, a new initiative “Trade Ready” - was launched in Georgia, aiming to support small and medium-sized enterprises (SMEs) to improve their competitiveness and results on international markets. PMCG, as a partner to leading DAI Europe, will work under this EBRD initiative, funded by the European Union.

The project team will conduct a series of trainings and advisory services for the staff of partner banks and develop tailored capacity-building measures. Moreover, it will assist them in developing and testing new financial products, tailored to support SMEs to facilitate exports. At the same time, the team will assist the SMEs by providing necessary trainings on international trade and on the ways of incorporating know-how in their international operations.

Aleksi Aleksishvili, CEO and Chairman at PMCG, moderated the launching event. Representatives of the public and private sectors discussed current challenges and opportunities for local SMEs and the ways in which “Trade Ready” will contribute to meeting their needs effectively. The event was opened by Bruno Balvanera, Director for the Caucasus at EBRD; Dominik Papenheim, ‎Programme Officer, Private Sector Development at EU Delegation to Georgia; and Mikheil Khidureli, Director at Produce in Georgia all of whom highlighted the importance of the initiative.

According to the recently published Global Competitiveness Report 2017-2018 by the World Economic Forum, Georgian businesses named a small market and a lack of innovation as their biggest challenges.

“Trade Ready” is focused on addressing the challenges faced by many Georgian companies when they try to integrate into international trade flows. Indeed, the initiative offers trade finance training and trade-related business advice for SMEs, networking opportunities with local banks and other institutions, as well as policy dialogue to facilitate improvements in the regulatory environment.

While banks can expect to attract new clients with the introduction of new trade finance products, and businesses will benefit from better access to finance and the chance to expand into international markets.

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