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News From Georgia >>
>> The Green Shoots of Growth in Georgia: Hydroponic Farming with EU Support
>> Georgia: EU supports energy efficient construction project in Tbilisi
>> EU-supported conference in Georgia on role of women on economic growth and policy development
>> EU4Business supports Georgian hazelnut growers to meet global demand

28.3.2018 The Green Shoots of Growth in Ge

The Green Shoots of Growth in Georgia: Hydroponic Farming with EU Support


Source:, 2018-03-08

Growing Georgian vegetables by employing the latest European technologies this is the motto of Imereti Greenery, a Dutch-Georgian enterprise located in western Georgia, which has benefited from EU support for its development under the EU4Business initiative, seeing production and profits soar as a result.

Since its establishment, the enterprise has been gradually expanding its greenhouse coverage and now occupies two hectares of territory in the city of Samtredia. Lettuce and cucumber here is grown by following hydroponic farming a modern method of agriculture where crops are cultivated without soil by using mineral nutrients in a water solvent. Smart use of geothermal waters makes farming at Imereti Greenery way more efficient and responsible. The clients of the enterprise comprise the major supermarket chains and high-class hotels in Georgia.

EU4Business and the EBRD are part of the companys success story: with the EBRDs Advice for Small Businesses program back in early 2016, the enterprise introduced modern accounting standards which made financial reporting much more effective, and relations with banks much more successful.

Read more at:

28.3.2018 Georgia

Georgia: EU supports energy efficient construction project in Tbilisi


Source:, 2018-03-08

The Georgian real estate developer m2 has received the support of the EU in its efforts to build energy efficient apartment buildings in Tbilisi. During her recent visit to Georgia, Ms. Katarina Mathernova, Deputy Director-General for Neighbourhood Policy and Enlargement Negotiations, visited the large-scale energy efficiency project implemented by m2. The project was financed by the International Finance Corporation and the Green for Growth Fund (GGF), and supported by the EU. It is one of many EU-supported energy efficiency initiatives in Georgia.

Thanks to the support received, real estate developer m2 was able to improve building insulation, install modern boilers and appliances, and provide better-insulated windows and doors. For the apartments constructed as part of this initiative, the total expected annual savings of CO2 are equal to planting 210,000 trees each year.

In order to benefit from the GGF and EU support, m2 was required to develop apartment buildings at least 20% more efficient than those built to standard Georgian construction practices. In return, they received a USD 11.5 million loan. The GGF also provided technical assistance to conduct energy audits and identify the most efficient manner to meet high energy standards.

The Green for Growth Fund is part of the EU4Energy initiative. EU4Energy covers all EU support to improve energy supply, security and connectivity, as well as to promote energy efficiency and the use of renewables in the Eastern Partner countries (Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine). It does this by financing projects and programmes that help to reform energy markets and to reduce national energy dependence and consumption. Over the long term, this makes energy supply more reliable, transparent and affordable, thus reducing energy poverty and energy bills for both citizens and the private sector.

31.3.2018 EU-supported conference in Georg

EU-supported conference in Georgia on role of women on economic growth and policy development


Source:, 2018-03-27

On 27 March, over 200 participants from government, civil society, the private sector and international bodies gathered in the Georgian capital of Tbilisi to participate in a four-day conference on Womens Role in Economic Growth and Policy Development.

The event is part of Women Empowerment Week in Georgia, and is supported by the EU4Business initiative and the European Bank for Reconstruction and Development (EBRD), as well as other international donors and local partners.

The conference serves as a unique opportunity for participants to learn and be inspired by successful female leaders, with a wide range of panels, presentations, side events and networking opportunities.

Read more at:

31.3.2018 EU4Business supports Georgian ha

EU4Business supports Georgian hazelnut growers to meet global demand


Source:, 2018-03-27

The production of hazelnuts constitutes a major part of Georgian agriculture. As one of the countrys top 10 export commodities, they provide a source of income for more than 50,000 farmers and dozens of processing facilities. The subtropical climate around the coast of the Black Sea offers particularly favourable conditions for their growth, according to an article recently published by the EU4Business initiative that supports development and growth of small and medium-sized enterprises (SMEs) in Georgia.

"The livelihoods of around half of the Samegrelo regions population are closely linked to hazelnut farming, says Demur Ardia, owner of one of the processing facilities in the Samegrelo region of Georgia, where many of the countrys hazelnut plantations and orchards are located. In villages, almost everyone grows them. Cultivating hazelnuts is what helped us overcome the hardships of the 1990s.

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