On July 2, 2020, H.E. Mr. Arad Benkö, Ambassador Extraordinary and Plenipotentiary of the Republic of Austria to Georgia met in online format EUGBC Member companies.
The meeting was organized within the framework of regular consultations of EUGBC Business Companies with foreign and Georgia’s diplomatic community.
H.E. Ambassador briefed participants about current situation in Austria in terms of results of fight against COVID 19, also covering details about Travel measures.
Following Ambassador’s address, the meeting continued in Q&A format.
On July 1, EU-Georgia Business Council (EUGBC) organized Online Meeting of Business Sector with Mrs. Catarina Bjorlin Hansen – Regional Director for Caucasus, European Bank for Reconstruction and Development; Mr. Maciej Czura – Head of European Investment Bank’s Regional representation for the South Caucasus and Mr Andreas Berkhoff, Senior Banker, Lending Operations in the EU Neighbouring Countries, Financial Sector (EIB).
Main topics of the meeting were: IFI’s support to the Government and Private Sector in Crisis times; types of support EU offer to SMEs in terms of access to finance to withstand the crisis; Local currency loans with investment grants; Special credit terms in partnership with selected Georgian banks – SME Finance Facility, DCFTA Facility; Business support services by IFI’s.
On June 30, “EU-Georgia Business Council” organized a meeting of 7 Business Associations in order to sign a Memorandum of Understanding (MoU).
EU-Georgia Business Council (EUGBC), International Chamber of Commerce (ICC), Georgian Distributors Association (GDBA), Georgian Producers’ Federation, Tax Payers Union (TPU), Georgian Employers Association (GEA) and Banking Association of Georgia (BA) leaders sign a MoU aimed at creating a framework for cooperation between the parties, namely:
- Business Associations Meetings and Coordination
- Business Associations Joint Action Plan for the communication with the Government
- Joint statements/recommendations and follow up strategy to protect fair interests of businesses and to provide specific assistance in crisis times
EY People Advisory Services (PAS) team has been carrying out a compensation and benefits survey on the Georgian market for 12 years.
We are glad to announce the commencement of the Round 2020 of the Compensation Survey.
The findings of our express survey showed that COVID-19 has had a huge impact on the labor market and has given rise to significant changes in terms of the number of employees and their compensation.
This demonstrates the importance of compensation surveys as such reports allow companies to plan the compensation budget in line with the trends existing in the labor market.

For details follow the link? https://bit.ly/ey-survey-2020
or contact our team via email: SalarySurvey@ge.ey.com or phone: +995 599 24 55 56.