Biography of new Georgian Minister of Economy Dimitri Kumsishvili
Dimitri Kumsishvili is a new Minister of Economy and Sustainable Development of Georgia.
New Minister is a former Deputy Mayor of Tbilisi. He has worked in Tbilisi City Hall from March 17, 2015 till today.
From November 2012 till March 2015 Dimitri Kumsishvili was First Deputy Minister in the Georgian Ministry of Economy and Sustainable Development.
Before his appointment as First Deputy Minister, he worked as chairman of the Supervisory Board in Rational Solutions Ltd, Director in Startup and Innovative Business Investment Fund, Business Development Director in Palitra Media Holding (November 2011 – November 2012).
Kumsishvili was the Chairman of the Supervisory Board & Co-Founder Rational Solutions www.hotsale.ge April 2012 – October 2012.
From February 2012 till October 2012 he has worked at CEO & Co-Founder, Startup&Innovative Business Investment Fund.
In the period of August 2010 – October 2012 he was a Member of the Supervisory Board Global Contact Consulting Ltd.
December 1999 – October 2011 Kumsishvili was the First Deputy General Director Cartu Bank.
Member of the Supervisory Board Tbilisi Interbank Currency Exchange 2000 – September 2011.
Head of Treasury Department Cartu Bank June 1997 – December 1999.
Account Manager at Bank Rossiyskiy Kredit-Cartu March 1997 – June 1997.
Audit&Consulting Ltd November 1996 – March 1997.
Credit Officer United Georgian Bank November 1995 – November 1996.
Dimitri Kumsishvili received a Master of Business Administration from Cerma Management School and graduated from the Ivane Javakhishvili Tbilisi State University, Faculty of Economics.
Entrepreneurial Market Opened in Batumi
The LEPL Produce in Georgia of the Ministry of Economy and Sustainable Development will support three-day business entrepreneurship market to be held in Adjara on 18-20 August. Each participant will be able to introduce own products to the public in Batumi Boulevard, in front of the Summer Theater during the three days. The Chairman of the Government of Adjara, Zurab Pataradze and the Head of the Produce in Georgia, Mariana Morgoshia opened the business market today.
The Start-up Market represents an alternative, multifunctional and movable trade space aimed at improving business environment in Georgia and promoting young entrepreneurs. The aim of such events is to promote quality Georgian products.
About 100 participants, including the beneficiaries of the state program Produce in Georgia, will use the opportunity of participation in the exhibition-sale and present their products in public. In addition, the event will present the information desk of the Produce in Georgia, where interested people will be able to learn more about the projects implemented by the Agency and the Government's proposals to support business.
The 3-days event will be open at 18:00 to 00:00. The Ministry of Education, Sport and Culture of the Autonomous Republic of Adjara together with the Produce in Georgia Agency support the event.
48.37% Passenger Traffic Increase and 32.47% Freight Traffic Increase Recorded in Georgian Airports
Civil Aviation Agency of the Ministry of Economy and Sustainable Development of Georgia announces that during the 7 months of this year, Georgian airports served 2 129 121 passengers, which is by 48.37% (694 153 passengers) higher number compared to the same period of the previous year (1 434 968 passengers). Compared to the same period of 2015, the increase amounts to 81.89% (958 577 passengers).
The traffic increase was recorded in all three Georgian international airports as follows:
- During the first 7 months of 2017, Tbilisi International Airport served by 503 636 passengers more (1 658 366 passengers in total) compared to the same period of the last year (1 154 730 passengers in total). Respectively, the growth equals to 43,62%;
- Passenger traffic at Kutaisi International Airport is increased by 86.48%. During the first 7 months of 2016, it served 124 826 passengers while during the same period of this year, the passenger traffic volume reached 232 775 passengers (increased by 107 949 passengers);
- Batumi International Airport served 233 992 passengers during the 7 months of this year, which is by 52.32% (80 369 passengers) higher indicator compared to the same period of last year (153 623 passengers).
Regarding the local destination airports the data is as follows:
- Mestia Airport served 3 988 passengers during the 7 months of this year, which is by 2 199 passengers or 122.92% higher number compared to the same period of 2016;
- Ambrolauri Airport has received passengers for the first time this year and their number already reached 802 from the middle of January until the end of July.
It is also very important that during the 7 months of the current year, in total 11 218 passenger and freight flights (9 056regular and 2 162 charter) were carried out in Georgia’s airports, which is 41.66% (3 299 flights) higher indicator compared to the same period of the previous year.
In comparison with the same period of 2016, in 7 months of 2017 the usage of the Georgian airspace is increased by 15.25% (2016 - 69 863 flights, 2017 - 80 514 flights).
According to the data of 7 months of 2017, the growth was also recorded in terms of freight transportation. The volume of the cargo transported by air is 19 715.983 tons, which is by 4 832.60 tons or 32.47% higher number compared to the cargo transported during the same period of the previous year.
The business sector has been growing in Georgia-Ministry of Economy
Despite the severe economic realities and challenges in the region, the business sector has been growing in Georgia - this is said in the information of the Ministry of Economy and Sustainable Development of Georgia.
According to the information, this trend is shown in the indicators of business sector and employment.
“Since the beginning of the year, the business continues to generate jobs,”-it is written in the statement.
Dimitry Kumsishvili Congratulated Air Traffic Controllers on Professional Holiday
Minister of Economy and Sustainable Development of Georgia, Dimitry Kumsishvili congratulated Georgian air traffic controllers on the International Air Controllers’ Day.
"I would like to congratulate our air traffic controllers on the International Air Controllers’ Day. This really is a profession of extreme responsibility, which is directly related to people's safety, a profession that requires constantly tense work as well as specific knowledge. I would like to emphasize that Georgian air traffic controllers have very high qualification and their professionalism is confirmed by international organizations. In the wake of the increasing workload of the airspace in the recent years, new airlines are entering the country and new flights are appointed. Therefore, being an air traffic controller is becoming more and more honorable and of outmost importance in terms of air security. Once again, I congratulate air traffic controllers on thier professional holiday and I wish them the peace and success"- Minister of Economy and Sustainable Development stated.
Summarizing Event of the One Year Results of State Program - Produce in Georgia was Held at ExpoGeorgia
The one year results of the State Program - Produce in Georgia were summarized at the Exhibition Center ExpoGeorgia that was attended by Prime Minister of Georgia Irakli Garibashvili. Prime Minister delivered a speech concerning the importance of the program in the direction of enterprise promotion in Georgia. He discussed the priorities of the state and thanked those who participating in enterprise development.
The summarizing event was also attended by Vice Prime Minister, Minister of Economy and Sustainable Development of Georgia Giorgi Kvirikashvili, Vice Prime Minister, Minister of Energy of Georgia Kakhi Kaladze, Minister of Finance Nodar Khaduri, Deputy Minister of Agriculture of Georgia Levan Davitashvili, as well as representatives of the Parliament of Georgia, various governmental offices, international organizations and companies. The presentation of the result of the undertaken works within the framework of the program was delivered by Giorgi Tsikolia, Director at Entrepreneurship Development Agency of the Ministry of Economy and Sustainable Development of Georgia.
“We summarized the one year results of the program. More than 80 companies have already involved in the program. This means that about 5,000 new jobs will be created only within the framework of this program during the next year. I would like to mention that State Program - Produce in Georgia is expanded and to which the development of hotel network in the region, as well as film industry promotion program in Georgia has been added” - Giorgi Kvirikashvili said.
During the first year of the program functioning, numerous large-scale events were implemented on the national, as well as international level. Within the framework of the program, important steps have been taken in the direction of the popularization of national products at leading international exhibitions and increasing export potential.
The state has supported 90 new projects with an approximate investment of more than 250 million GEL. Commercial banks in Georgia had issued loans to private sector entrepreneurs worth 122 million GEL. The implemented projects would provide jobs for approximately 5,000 people.
The State Program - Produce in Georgia has been implementing in Georgia through the initiative of Prime Minister of Georgia, with coordination of the Ministry of Economy and Sustainable Development and Ministry of Agriculture of Georgia since June, 2014. It is the first state program oriented towards enterprise promotion in Georgia, supporting entrepreneurs, creating new enterprises and expanding the existing ones.