Search Results

1. CORE REVENUES OF JSC “TBILABRESHUMI TSISARTKELA” PROCEED FROM LEASING AGAIN
   (Daily News: May 19, 2011)

   According to annual report of JSC Tbilabreshumi Tsisartkela (Tbilisi Silk Rainbow), in 2010 main source of revenue was leasing again. The company’s net profit made up 153,300 lari, against 2009, when loss of 78,300 lari was fixed.

2. “TELASI” SHOULD PAY LIABILITIES OF 147.5M LARI DURING 2011
   (Daily News: May 19, 2011)

   According to report for 2010 of JSC TELASI (Tbilisi energy distributor), the company has to pay liabilities of 147.5 million lari until the end of 2011. However, the report notes that most of these liabilities are due to organizations of joint control.

3. AZERBAIJAN TO ALLOT ADDITIONAL $575M FOR BAKU-TBILISI-KARS RAILWAY CONSTRUCTION
   (Daily News: May 19, 2011)

   Georgian Ministry of Regional Development and Infrastructure reported that Azerbaijan allots additional long-term loan of $575 million for project on Baku-Tbilisi-Kars railway construction.

   To remind, Azerbaijan had alloted already 20-year soft loan of $200 million for construction of Georgian section of the mentioned railway.

4. TURKEY PLANS TO INCREASE TENFOLD TRADE TURNOVER WITH GEORGIA DURING 10 YEARS
   (Daily News: May 19, 2011)

   Head of Eastern Anatolia Export Association Jemal Shengeli declared that Turkish side has plans to increase Georgian-Turkish turnover to $10 billion within 10 years.

   To note, according to Sakstat, Georgian export to Turkey in 2010 made up $216 million, while Turkish import to the country – $888.6 million.

5. DELEGATION OF TOBB ACQUAINTS WITH BUSINESS ENVIRONMENT IN GEORGIA
   (Daily News: May 19, 2011)

   Delegation of Union of chambers and stock exchanges of Turkey (TOBB) is visiting Georgia, holding meetings in the Ministries of Finance, as well as of Economy and Sustainable Development.

   According to the Finance Ministry, at the meeting the sides discussed future cooperation issues, among them in terms of legislation as well.

6. Rezonansi: “TBILISI AIRPORT, OUTSIDER IN CAUCASUS?”
   (Economic Press Monitor: May 19, 2011)

   Since January and through April, about 251,000 passengers used Tbilisi International Airport. During the same period, Yerevan International Airport served to 403,000 passengers.

7. JSC “TBILISI” PROFIT INCREASED 2.7 TIMES IN 2010
   (Daily News: May 18, 2011)

   According to financial report of JSC Tbilisi (construction works and building materials), profit of 2010 made up 522,962 lari. The volume is almost 2.7 times up year-on-year.

8. ACCOUNT PAYABLE OF “TELASI” DECLINED BY 4% IN 2010
   (Daily News: May 18, 2011)

   According to JSC TELASI (Tbilisi energy distributor) financial report, the company’s account payables from trade and other activities made up 130.9 million lari in 2010. If compared with 2009, the volume is reduced by 4%.

9. KOREAN COMPANY INTERESTED IN GEORGIAN TOURISM INFRASTRUCTURE
   (Daily News: May 18, 2011)

   Speaker of the Parliament David Bakradze declared that Georgian side has almost concluded agreement with undisclosed Korean company, regarding investments in Georgian tourism infrastructure development and hotel construction.

   Besides, Koreans are ready to render assistance in terms of high technologies’ spheres and share own practice.

10. UP TO 140 COMPANIES TOOK PART IN THE 16^TH CONSTRUCTION AND INTERIOR EXHIBITION
    (Daily News: May 18, 2011)

    The 16^th international exhibition of construction and interior has been opened in ExpoGeorgia today. About 140 companies from 9 countries (Armenia, Azerbaijan, Germany, Italy, Poland, Turkey, Ukraine, etc.) took part in the event.

11. IFC TO SUPPORT TRAININGS FOR SMALL AND MICRO ENTREPRENEURS
    (Daily News: May 18, 2011)

    Georgian Finance Ministry and IFC of the World Bank group have signed agreement envisaging to hold trainings for small and micro entrepreneurs. The 1-year course should start in July.

12. 15 ECONOMIC ISSUES OUT OF 27 EXISTED WITHIN EU-GEORGIA ASSOCIATION AGREEMENT ARE ALREADY AGREED
    (Daily News: May 18, 2011)

    According to the chief negotiator of European Union Gunnar Wiegand, 15 economic issues out of 27 ones are “already closed”, i.e. agreed within EU-Georgian Association Agreement. Wiegand had declared on the mentioned to journalists in Tbilisi today, where the 5^th round of negotiations was held within the mentioned agreement.

13. Bankebi da Finansebi: ““PATRIOTIC” PARTNERSHIP IS ESTABLISHED AT THE MEAT MARKET INSTEAD OF COMPETITION”
    (Economic Press Monitor: May 18, 2011)

    Opening of new agricultural mall is planned for June. The mall will trade with ecologically clean local agriculture production, passed laboratory test.

14. JSC “AKATI” FINISHED 2010 WITH PROFIT
    (Daily News: May 17, 2011)

    According to the JSC Akati’s report for 2010, the company’s profit made up 5,070 lari. In 2009, Akati had fixed loss of 8,895 lari.

15. JSC “SAKTSIVPRODUKTI” FIXED LOSS IN 2010 AGAIN
    (Daily News: May 17, 2011)

    According to the report of JSC Saktsivprodukti (cold storage), the company had loss of 128,643 lari in 2010. Saktsivprodukti managed to reduce the figure by 3.8% since 2009, however.

16. “VTEL GEORGIA” GOT RADIO-RELAY FREQUENCIES FOR NON-COMMERCIAL USE
    (Daily News: May 17, 2011)

    National Communication Commission informed that LLC VTEL Georgia has been authorized without auction to use radio-relay frequencies for non-commercial and internal technological purpose for 10 years (until May 6, 2021). The company should pay 22,946 lari for resource.

17. “SAKTRANSPROEKTI – GREEN OFFICE” ACQUIRED LAND PLOT IN LISI LAKE TERRITORY
    (Daily News: May 17, 2011)

    According to the report-2010 of JSC Saktransproekti – Green Office, last year the company bought land plot near Lisi Lake in Saburtalo district of Tbilisi (almost 14.3 ha).

    For that end, the company took long-term credit of $1.7 million from the bank KSB.

18. “TELASI” ACQUIRED ENERGY OF 91.6M LARI IN 2010
    (Daily News: May 17, 2011)

    JSC TELASI (Tbilisi energy distributor) reported that energy expenses made up 91.6 million lari in 2010. If compared with 2009, these costs decreased by 4.5%.

19. “TELASI” PAID CREDIT OF “VTB BANK GEORGIA” THROUGH EBRD FUNDING
    (Daily News: May 17, 2011)

    According to financial report of JSC TELASI (Tbilisi energy distributor), the company directed credit, allotted by EBRD, for payment of credit of VTB Bank Georgia. In particular, the company paid $12.83 million for that end.

20. “AIR ASTANA” AND “CHINA SOUTHERN AIRLINES” TO LAUNCH FLIGHTS TO GEORGIA
    (Daily News: May 17, 2011)

    TAV Georgia, managing company of Tbilisi and Batumi airports, reported that after held negotiations, 2 new air companies will start regular flights to Georgia.

    From June 2, Kazakh company Air Astana will start Almaty-Tbilisi-Almaty flights.

Pages:

386  387  388  389  390  391  392  393  394  395  396  397  398