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
The Green Shoots of Growth in Ge
The Green Shoots of Growth in
Georgia: Hydroponic Farming with EU Support
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
EU4Business and the EBRD are part of the company’s success story: with the
EBRD’s 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:
Georgia: EU supports energy
efficient construction project in Tbilisi
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.
EU-supported conference in Georg
EU-supported conference in Georgia
on role of women on economic growth and policy development
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 ‘Women’s Role in Economic Growth and
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:
EU4Business supports Georgian ha
EU4Business supports Georgian
hazelnut growers to meet global demand
The production of hazelnuts constitutes a major part of Georgian agriculture. As
one of the country’s 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 region’s 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 country’s
hazelnut plantations and orchards are located. “In villages, almost everyone
grows them. Cultivating hazelnuts is what helped us overcome the hardships of
Read more at:
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