Georgia
Membership in EU:
Political system:Republic
Capital city:Tbilisi
Total area: 69 700 km²
Currency:Georgian lari (GEL)
Economy | Business Protocol | Legislative and Political System | More about the Country | Order a Business Information Report (BIR)
Economy
Statistical Office

Chamber of Commerce and Industry

Entrepreneurship in the Country

Wine growing, which is the most important part of a country's economy, is a very old tradition. Due to its strategic location Georgia has become very interesting territory for the Eurasia energetic projects.
Business Directories

Local Communities

Business Protocol
Business Communication

Georgians are very relationship orientated in their outlook.
This means, that people's feelings take precedence over facts. It is important to appreciate, that you may not hear the whole truth, if there is bad news. Similarly you should be sensitive when communicating difficult information.
Similarly in an eagerness to establish a business relationship, Georgians may offer an affirmative response, even if they know it is far from the truth.
One way, in which this cultural influence manifests, is in asking questions in a negative fashion, so that the person responding may give a positive response for a negative answer.
Georgians are not afraid to express their emotions, no matter how bad. Do not be surprised, if people do display anger or extreme disappointment during business.
Similarly Georgians can be emotive speakers. When discussing a topic, voices may become raised and hand gestures increased.
Direct eye contact conveys trust. Georgians will generally maintain eye contact throughout a discussion. Looking away or making intermittent eye contact may be misinterpreted as a sign, that you are not telling the truth.
Although Georgia has a relationship orientated culture, they can also be very direct.
Business Meetings

At the beginning of meetings introductions are the norm. These are generally made in order of seniority, although women are often introduced first.  Be prepared to give an overview of your background, experience and general purpose for your visit.
It can also prove fruitful to send a full biography of everyone, who will attend the meeting beforehand to save time and also offer a more thorough introduction.
A first meeting is often more about seeing, if doing business together is possible. Do not expect any contracts to be signed on a first meeting. Time and patience are needed.
Meetings may continue over a lunch or dinner. The topic of conversation will shift away from business, but this should be used as the time to let the Georgian hosts get to know you on a personal level.
In most cases decisions are made at the top of a company. Unless you are meeting with the boss or owner, bear in mind that all your meeting will achieve, is getting across the key points that will then be passed upwards to the decision maker.
Meetings can be frequently interrupted. Do not interpret this as a sign of disinterest, but Georgians will not see any issues with.
Legislative and Political System
President

Government

Prime Minister

Ministries

Constitutional Court

Legislation

More about the Country
Geographical Characteristics

Georgia is a littoral country in the south of Caucasus along the northeast coast of the Black Sea. Former Soviet republic is bordered by Russia to the north, Azerbaijan to the southeast, Turkey and Armenia to the south and the Black Sea to the west.
Languages

Georgian.
Short History

The territory of the present-day Georgia has been continuously inhabited, since the early Stone Age.

In its history the country experienced the periods of prosperity, as well as regression, until it was divided into several small political entities in the 16th century.

Georgia declared its independence in 1991; after the period of chaos, economic crises and inner-ethnic violence the situation finally calmed down in the end of 90s. After the Rose Revolution in 2003 the west-oriented government was elected and a series of reforms was launched. The government’s aims were to join NATO (North Atlantic Treaty Organization) and to return the separatist regions back to the central state.

Time Zone

GMT/UTC + 4
International Dialing Code

+995
Average Temperatures

July 24 0C, January 1 0C.
Opening Hours of Banks

Monday - Friday: 9.00am – 5.00pm.
Opening Hours of Post-Offices

Monday - Friday: 8.00am – 7.00pm.

 

Saturday: 8.00am – 12.00am.

Opening Hours of Shops

Legally permitted opening hours:

 

Monday – Friday: 9.00am – 7.00pm.

Saturday: 8.00am – 4.00pm.

Credit Cards

Credit cards are accepted in Georgia in cities and holiday resorts. The most common credit cards, such as American Express, MasterCard and Visa are accepted in hotels, restaurants and shops.
Foreign Currency Exchange

Apart from the banks, foreign currency can be also exchanged in exchange offices, hotel receptions, tourist agencies, petrol stations and larger department stores.
Mobile Telecommunications

The country is almost entirely covered by mobile telephony signal. The main operators have concluded contracts with larger European and world operators. Mobile phones in the country are designed to function within the network of frequency bands 900 MHZ and 1800 MHZ. You can host in the following mobile networks: E-Plus, O2, T-Mobile, Vodafone.
Emergency Telephone Numbers

Police

02

Medical emergency

03

Fire emergency

01

Population of the State

Population of the Capital

Demographics

Religion

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