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The economy of Abkhazia is heavily integrated with Russia and uses the Russian ruble as its currency. Abkhazia has experienced a modest economic upswing since the 2008 South

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5 FAQs about [What companies are there in Abkhazia Battery Company]

Where is electricity supplied in Abkhazia?

Electricity is largely supplied by the Inguri hydroelectric power station located on the Inguri River between Abkhazia and Georgia (proper) and operated jointly by both parties. This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy.

What currency does Abkhazia use?

The economy of Abkhazia is heavily integrated with Russia and uses the Russian ruble as its currency. Abkhazia has experienced a modest economic upswing since the 2008 South Ossetia war and Russia's subsequent recognition of Abkhazia's independence. About half of Abkhazia's state budget is financed with aid money from Russia.

What is Abkhazia known for?

Abkhazia also enjoys fertile lands and an abundance of agricultural products, including tea, tobacco, wine and fruits (especially tangerines and hazelnuts ). Electricity is largely supplied by the Inguri hydroelectric power station located on the Inguri River between Abkhazia and Georgia (proper) and operated jointly by both parties.

What is the capital of Abkhazia?

Its capital is Sukhumi. The separatist Abkhazian polity, formally the Republic of Abkhazia or Apsny, is recognised only by Russia and a small number of other countries.

Is Abkhazia part of Georgia?

While Georgia lacks control over Abkhazia, the Georgian government, the United Nations and the majority of the world's governments consider Abkhazia part of Georgia, whose constitution designates the area the Autonomous Republic of Abkhazia . The economy of Abkhazia is heavily integrated with Russia and uses the Russian ruble as its currency.

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