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SOCAR LAUNCHES THE SOUTH CAUCASUS’ FIRST FULLY ELECTRIC EV CHARGING STATION IN GEORGIA

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On February 20, 2026, in Tbilisi, Georgia, SOCAR plans to unveil the first fully electric EV charging station in the South Caucasus, thus underlining the Company’s long-term commitment to renewable energy, innovation and sustainable development.

The new EV Station is designed to serve exclusively electric vehicles and manifests an important step towards promoting clean mobility. Fully aligned with SOCAR’s ESG priorities and corporate social responsibility strategy, the project reflects the Company’s vision of building environment oriented infrastructure across the markets.

The station features four charging units, allowing simultaneous charging process for up to six electric vehicles. Two chargers operate at 120 kW fast-charging mode capacity, hence making it possible to fully charge 4 electric vehicles in as little as 40 minutes. 2 other chargers, operating at 22 kW capacity, are designed for the customers willing to take time in the adjacent Plastic Free WAY MART concept store, offering comfortable and environmentally conscious retail experience.

The EV station operates partially on solar energy, demonstrating SOCAR’s ambition to develop energy-efficient and eco-friendly solutions. This initiative builds on SOCAR’s generally broad renewable energy endeavors in Georgia. The Company already operates solar panels at six fuel stations nationwide, and plans to further expand solar infrastructure across more locations shortly.
With the electric vehicle market in Georgia experiencing double-digit annual growth, the number of electric vehicles is projected to increase from 17,000 in 2025 to 70,000–80,000 units by 2030. As a result, the demand for electric chargers will increase accordingly.

Therefore, the development of relevant infrastructure comes forth as a priority for SOCAR in Georgia. At present, EV charging facilities are available at 15 SOCAR fuel stations, and the expansion is underway to ensure more electric vehicle owners benefit from a reliable, accessible, and efficient charging network throughout the country.

Along with its core operations, SOCAR has been increasingly active in implementing renewable energy and low-carbon solutions in Georgia. The launch of the new fully electric EV station is a part of this agenda, reaffirming SOCAR’s commitment to a balanced, sustainable energy.

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Bussines
image Archi and NEXT Officially Present $300 Million Swissôtel Kobuleti Beach Resort in Kobuleti

04.06.2026.14:44

Archi, Georgia’s #1 real estate developer, and NEXT, the first international developer from Georgia, have officially presented Swissôtel Kobuleti Beach Resort — a $300 million premium hotel-residential resort project in Kobuleti.

The official presentation ceremony was held in Kobuleti and brought together high-ranking government officials, international partners and representatives of the business community. The project marks a significant milestone for Georgia’s tourism, hospitality and real estate sectors, further strengthening Kobuleti’s position as an emerging premium resort destination on the Black Sea coast.

The project also reflects the growing confidence of international partners in Georgia’s stable, predictable and attractive investment environment. As tourism continues to expand and drive demand across the hospitality and real estate sectors, Georgia’s coastline is increasingly becoming a space of new opportunities for developments that combine world-class hospitality, leisure and long-term investment value within a single concept.

Swissôtel Kobuleti Beach Resort is being developed by Archi and NEXT in partnership with Swissôtel, the world-renowned hospitality brand. The complex will consist of three monumental buildings and will bring together a hotel, residential and investment apartments, indoor and outdoor swimming pools, conference facilities, a lobby, a lounge, six restaurants under different brands, a casino, a 3,000 sq.m spa and fitness area, a wellness center and a children’s entertainment area.

Located just minutes from Batumi, the development will further integrate Kobuleti into the region’s largest tourism ecosystem while contributing to the balanced development of Georgia’s coastal regions. The project is expected to introduce the highest international standards in hospitality and real estate development, create new opportunities for economic growth and generate substantial employment during both the construction and operational phases.

The event was attended by the Prime Minister of Georgia, Irakli Kobakhidze; the Minister of Economy and Sustainable Development of Georgia, Mariam Kvrivishvili; the Chairman of the Government of the Autonomous Republic of Adjara, Zurab Pataradze; Aron Libinson, Vice President of Operations at Accor for Georgia and the CIS region; and Jan Dijkema, Director of Chapman Taylor’s Madrid studio.

As part of the official ceremony, guests placed a symbolic capsule in the foundation of the project to mark the start of construction.

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