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Economic Press Monitor


April 22, 2014

IN THIS ISSUE:

1. LOSS OF DRINKING WATER REACHES 40%
2. ARMENIAN MARKET TO CLOSE FOR CAR DEALERS
3. “CAUCASUS ONLINE” FACES FINANCIAL PROBLEMS?

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1. LOSS OF DRINKING WATER REACHES 40%
Companies

According to Georgian National Energy and Water Supply Regulating Commission (GNERC), United Water Company of Georgia, serving regions, has installed individual meters to 41.5% of its consumers. At that, loss of water in the company’s network makes up 30% on average.

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2. ARMENIAN MARKET TO CLOSE FOR CAR DEALERS
International Cooperation

In near future, it is possible that car re-export from Georgia to Armenia will be totally cancelled, the newspaper reports. As the reason, Armenia’s membership in Eurasian Customs Union is named.

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3. “CAUCASUS ONLINE” FACES FINANCIAL PROBLEMS?
Companies

Referring to own source, the newspaper declares that internet provider Caucasus Online has serious financial problems. The company flatly denies this information, however.

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  05/02/24 + / -
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  RUR   2.9172   0.0674
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