Daily News

IN THIS ISSUE:

Energy Minister Alexander Khetaguri told the journalists today that Georgian government will sell gas distribution companies to SOCAR Georgia Gas on December 20. It is planned to sign the privatization agreement this day.

Georgian Economic Development Minister Lasha Zhvania says that leaving of LLC OrtachalHES-2007 (hydroelectric station) in the state ownership is losing for the budget and that is why it was decided to privatize it.

As the Minister told the journalists in the State Office, OrtachalHES did not work at full capacity and transferred only 41,000 lari to the budget per year.

The next six companies will be financed in Shida Kartli region by 545,000 lari in terms of the “Cheap Loan” state program, announced Georgian Economic Development Minister Lasha Zhvania at today’s government meeting.

The financing is envisaged in terms of the “Regional Tourism, Agriculture and People’s Trade Development” subprogram.

According to the rate of passing the goods through the customs, yellow corridor accounts for 88%, told journalists deputy head of Incomes Service Irakli Siradze.

This corridor, which envisaged passing of goods at the basis of electronic comparison of the data, has been operating in risks management system from the current year.  Such control is implemented in case if everything is in order and only comparison of the documentation is needed.

As Georgian Finance Ministry reports, expenditures from the state assignations made up 6.09 billion lari.

To compare: expenditures in January-September made up 5.56 billion lari (79.9% of the annual budget), in January-June – 3.69 billion lari.

From the next week bank Constanta will offer its clients international money transfer service Western Union.

As the bank told Sarke, service of MoneyGram and Anelik will also be offered from the end of the year or from the beginning of the next year.

Trade with Sakhalkho Banki (People’s Bank) shares was temporarily suspended on the Georgian Stock Exchange these days.

As the Stock Exchange told Sarke, temporary suspension of trade of bank’s shares is caused by breaking of the agreement with the bank’s registrar (Capital Registrar).

As Georgian Stock Exchange reports, three brokerage companies were ceased its membership.  These companies are Bona, Kabarjina and Prima Broker.

As Tamaz Khizanishvili, Director of Admission to Trades on the Stock Exchange, explained Sarke, suspending of membership was implemented at the basis of applications made by the companies.  These companies were withdrawn licenses, he noted.

As Georgian Stock Exchange reports, shares of JSC Medea (garment factory in Kutaisi) are withdrawn from the trade system.

As the Stock Exchange told Sarke, withdrawal of company’s shares is caused by the fact that it did not have a registrar for a very long time.

As JSC TELASI (energy distribution company) informs, the company finished reconstruction of the high voltage substation Mtatsminda (110 kV).  The works cost the company 2 million lari.

The substation serves 21,000 clients of Vake, Vera and Mtatsminda districts.

Winemaking company LLC Wine Man delayed producing of the new brand Alexander Jorjadze  until the next year.

As company’s director general Kote Gagua told Sarke, this decision was made because of the financial crisis in the world and in Georgia.

As Motor Road Department of Georgian Economic Development Ministry reports, 18 companies expressed interest in provision of supervision of Sveneti-Ruisi (80-95 km) highway sector construction and supervision of Rikoti tunnel (143 km) rehabilitation.  Term of bids expired yesterday.

As Roads Department told Sarke, American-British, Belgian-Italian, British, Canadian, French, Georgian, German, German-Georgian, Greek, Italian, Indian-Georgian, Spanish and Turkish companies submitted their proposals.