The BARTA competition has become a key platform for showcasing best reporting practices and promoting high levels of transparency in Georgia’s corporate sector, according to Ekaterine Mikabadze, First Vice President of the National Bank of Georgia (NBG). She commented on this year’s Best Annual Report and Transparency Award (BARTA) competition and highlighted the NBG’s growing role in its implementation.

“The National Bank of Georgia has been actively involved in the BARTA process since its inception, and this involvement has increased even further this year. For the NBG, as a regulator, this is extremely important because compliance with standards and a high level of transparency are fundamental to the financial sector and the capital market. Supervision is based entirely on adherence to the best reporting principles,” Mikabadze said.

She emphasized that BARTA represents the culmination of one of Georgia’s most significant reforms and serves as a platform for showcasing robust transparency practices.

According to Mikabadze, the scale of the competition continues to grow each year, largely due to the active engagement of local supervisory bodies.

“The participation of so many stakeholders means a significant increase in coverage. We are able to show more organizations the opportunities that BARTA offers for enhancing their transparency. BARTA is not only for large companies—new and smaller companies are also making notable progress, which is reflected in the ‘debutant’ and ‘improved reporting’ nominations. They can achieve major breakthroughs, and BARTA serves as a platform for them, while also helping us identify these opportunities,” she explained.

BARTA 2025 is open to first-category companies and public interest entities. Applications are being accepted until November 30, with winners across 10 categories set to be announced at the awards ceremony in February 2026.