Daily News

IN THIS ISSUE:

Israeli governmental delegation, headed by Minister of Agriculture and Rural Development Yair Shamir pays visit to Georgia, being invited by Georgia’s Minister of Agriculture Shalva Pipia.

Within the visit, the Ministers have signed Georgia-Israel intergovernmental agreement on cooperation in agriculture.

National Bank of Georgia (NBG) reported that it will assist Central Bank of Tajikistan in development of settlement systems. Sponsor of respective project in Tajikistan is World Bank.

Georgia’s Prime Minister Irakli Garibashvili assigned the government to develop “flexible, based on principle of fair distribution” structure of public officials’ salaries and bonuses.

As the government said, respective draft will be presented on the government’s meeting on June 26.

Union of Oil-Products’ Importers declared that increased global prices and unstable geopolitical situation “really do not create optimistic situation”. “If global prices will not be settled in near future, we should expect fuel’s growth in price in Georgia”, the Union forecasts.

Georgian National Food Agency reported that officers of Rosselkhoznadzor, Russian state service for agriculture supervision, arrived today in Georgia. The delegation consisting of 4 members, being accompanied with Georgian colleagues, will visit Kakheti region and conduct phyto-sanitary checking of export-intended fruits and vegetables.

Electricity System Commercial Operator (ESCO) said that 16 accounting hubs were checked and put in operation in the 1^st quarter. These were ones of LLC Energy (LarsiHES), LLC Energo-Aragvi (AragviHES), LLC Geoenergy (AkhmetaHES) and LLC Mtsire (MashaveraHES) – per 4 of each company.

Energy Ministry reported that Tbilisi energy distributor JSC TELASI is going to start rehabilitation of energy system in preparation to winter of 2014-2015, which will cause temporary cuts of electricity supplies in the city.

In its turn, TELASI has issued a statement, saying that planned works envisage “insignificant, only local cuts of one or two streets simultaneously for several hours”.

According to research, conducted by IPM (Institute for Polling and Marketing) 2,272 outdoor banners on average were used monthly during 4 months in Tbilisi, amounting in cash to $32,040.

In terms of banners’ usage, leader is Liberty Bank (488 banners monthly on average).

GYLA (Georgian Young Lawyers Association) and TI Georgia (Georgian branch of Transparency International) consider that investigation on case of Constanta foundation is not effective. “There were criminally illegal activities of prosecutors”, which were described in details in complaints, being submitted to the Prosecutor’s Office by Constanta in 2013-2014, the non-governmental organizations point.

Partnership Fund reported that company Panex, established by the Fund jointly with local LLC Industrial Construction Engineering Solutions (ICES), has started constriction of sandwich panels’ manufacturing plant on highway between Tbilisi and Rustavi. The enterprise should start operation by the end of the year.

Director of Forex broker MFX Broker Georgia Margo Zhiznevskaya said that trades on Georgian Forex market are held mainly on euro/dollar. Georgian traders also like trade with gold, she noted.

Director of Forex broker MFX Broker Georgia Margo Zhiznevskaya declared that the company assists to Forex market development in Georgia for 9 months already. During this period, investments’ amount made up $150,000, she said, noting that “Forex market in Georgia is just started development”.