NEWS

LS Heavylift was awarded a contract for transportation and installation of Furnaces and Valve Structures for Azerikimiya plant, within Azerikimiya EP-300 Revamp project conducted by TechnipFMC and Azfen JV. This will be record-breaking move for the region since furnaces have

Logistics Solutions and LS Heavylift have entered new market – Ukraine. With company branches in Ukraine’s capital, Kiev group will continue its successful growth on new markets. After a successfully realized project in Georgia, our cooperation with world’s leading

Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries. In January-February 2019, trade turnover with EU countries increased by 6.3% (amounted to $422.4 million) and

A Georgia-Japan business forum was held in Tokyo today, where Georgian Prime Minister Mamuka Bakhtadze and Economy Minister Giorgi Kobulia introduced Japanese business society to Georgia’s investment climate and business opportunities. Bakhtadze said that Georgia is remarkably attractive for international investments. Our

Georgia exported about 12.2 million bottles of wine to 32 countries in January-February 2019, which is a 13% increase compared to the same period of 2018, announces the Georgian National Wine Agency. Last month Georgia generated $30 million from the sale

The government of Japan has signed four agreements with Georgia today to finance three green policy and one demining projects, the total cost of which is $293,264. The agreement was signed and the projects will be implemented within the ‘Grant Assistance

Georgia’s external trade turnover in January 2019 totaled $826.8, an increase of 1.2% compared to the same period in 2018, found preliminary figures released by Geostat national statistics office on February 19. Exports amounted to $238.8 mln, 7.2% higher than

The Swedish government will allocate 2.3 million USD to provide support for Georgian small and medium-sized businesses, which work in the fields of information and communication technologies, business consulting, internet design and architecture. The programme will kick off this year and

A new port and terminal will be built in Georgia’s Black Sea port town of Poti, announces Georgian Prime Minister Mamuka Bakhtadze. The US Overseas Private Investment Corporation (OPIC) will invest $50 million in a new port and terminal, while the

Over the past decade or so, technological innovation and advancements have been rapid. Leaps and strides have been made within the field of Artificial Intelligence (AI), in particular, and these AI systems are now revolutionizing all sorts of

At the core of every successful business is a well-oiled logistics machine ensuring operational efficiencies, product accuracy and maximizing business at every turn. It’s the blueprint of every business and its power should never be underestimated. Without logistics, there’s no

The European Commission has disbursed €15 million in loans to help Georgia cover part of its financing needs and support the implementation of economic reforms. The loan was provided under the first instalment of its new Macro-Financial Assistance (MFA) programme. "The grant

More than 175 tonnes of cotton, dried fruit and sesame are the first export products that Afghanistan will deliver to Europe through the Lapis Lazuli transit route which passes through Turkmenistan, Azerbaijan and Georgia. Afghanistan opened the new international trade route

As we do every December, we avoid “year in review” content and instead aim to help readers prepare for the year ahead through our annual virtual summit—an online educational event that puts the current market realities into context and offers

Specialty vehicle manufacturer Faymonville, headquartered in Luxembourg, spotlighted several of its trailer concepts at the 2018 IAA Commercial Vehicles show, including the “unique, far-reaching” CombiMAX low loader. The 2+6 CombiMAX, the largest exhibit the company displayed at IAA, stays “true to

This past year has seen significant moves by a few big container lines to redefine and reposition themselves as end-to-end logistics providers. How risky is this strategy? The principal motivation of Maersk and CMA CGM is self apparent: to mitigate cyclicality,

The construction of a new terminal in Kutaisi international Airport will be completed by the end of 2019. The more than 24,000 square meter building will be three times larger than the already existing terminal. “Over the first ten months of this

The Georgian Prime Minister assessed his recent working visit to China, adding that Georgia participated in the Shanghai Forum at the invitation of Chinese President Xi Jinping. “It was officially stated that China intends to substantially increase imports from countries specifically

On November 4 the Prime Minister of Georgia, Mamuka Bakhtadze started his working visit to China with a meeting with the Chair of the Bank of China Group, Chen Siqing. The sides discussed the trade and economic relations between Georgia and

On October 30, the representatives of the diplomatic corps of different countries visited the ongoing works at Anaklia Port. Ambassadors and embassies operating in Georgia, including representatives of the Netherlands, Romania, Japan, Turkey, Ukraine, and Poland, as well as representatives of

Irakli Tsankashvili CEO of LS Heavylift  will be reporting about WPP elements for wind park in Gori (Georgia) delivery project in the upcoming Breakbulk Caspian 2018. Nowadays, Azerbaijan and other countries of Caspian region are fast growing markets with significant projects

Georgia’s capital Tbilisi is hosting the Georgia-Czech Business Forum, organized by the Georgia and Czech Chamber of Commerce and Industry. According to the Trade Chamber, the establishment of communication between businesspersons of the two countries and deepening of economic and trade

Executive Vice President of the Overseas Private Investment Corporation (OPIC), David Bohigian, and representatives of OPIC met with the top-management of Georgian-American consortium, ADC, to discuss investing into construction of the Anaklia Deep Sea Port. Deputy Minister of Economy and

The government of Georgia plans to introduce tax benefits for maritime companies in the Black Sea area of Georgia, specifically the Autonomous Republic of Adjara. The statement was made by the Prime Minister of Georgia, Mamuka Bakhtazde, at the International Maritime