Rezonansi: “GOLD PRICE HAS NOT BEEN INCREASED IN GEORGIA SINCE THE BEGINNING OF THE YEAR”
(Economic Press Monitor: April 27, 2011)
On the background of gold price growth on international market, Georgian market does not react adequately on the recent changes, the newspaper notes.
Gold and silver price has not been changed for the last two months in Tbilisi Gold Exchange.
THE FIRST CONSTRUCTION LAUNCHED WITHIN LISI LAKE DEVELOPMENT PROJECT
(Daily News: April 26, 2011)
Company Lisi Development announced that construction of new building of Givi Zaldastanishvili American Academy (founded in 2001) has been launched near Lisi Lake in Tbilisi. This building is the first in terms of Lisi Lake development project.
NEW AREA CODES BECAME EFFECTIVE FOR DIALING TO CITIES AND REGIONAL CENTERS
(Daily News: April 26, 2011)
National Communication Commission informed that calls to cities and regional centers of the country should be made through new area codes only from today.
According to national plan on numeration, area codes of eastern part of Georgia start with “3”, while of western part – with “4”.
GEORGIAN AND ARMENIAN IT EXPERTS DISCUSSED COOPERATION DEEPENING
(Daily News: April 26, 2011)
Prospects of deepening cooperation were discussed at Georgian-Armenian business-forum, held in Tbilisi today. The event was supported by Armenian UITE (Union of IT Enterprises), Georgian ICT Business Council (Information and Communication Technologies Association) and Georgian Economy and Sustainable Development Ministry.
Kviris Palitra: “RISKY PROFESSION – BUSINESSMAN”
(Economic Press Monitor: April 25, 2011)
The newspaper reports that Gocha Dzneladze, founder and chairman of supervisory board of construction company Kalasi, and two his employees are arrested for concealment of income.
According to the newspaper, volume of plea bargain, which could bring Dzneladze out of jail, makes up 5 million lari.
“TBC BANK” PLANS TO EXPAND NETWORK THIS YEAR TOO
(Daily News: April 21, 2011)
Deputy director general of TBC Bank Giorgi Shagidze has declared to Sarke that 6 branches are planned to open this year both in Tbilisi and in regions.
Investments are expected to make up 600,000 lari, Shagidze said.
BLITZ-SURVEY: INNOVATIONS OF TOURIST SPHERE
(Daily News: April 21, 2011)
On April 14-16, Tbilisi exhibition center Expo Georgia hosted the 13th international tourist exhibition CTF 2011. Sarke surveyed participants of the event.
“SWAROVSKI”’S SUBSIDIARY COMPANY TO OPEN ENTERPRISE IN GEORGIA
(Daily News: April 20, 2011)
Regional Development and Infrastructure Ministry reported that Austrian company Swarco is going to start production in Georgia. Swarco is engaged in manufacturing and installation of illumination, traffic control systems and road signs.
RAILWAY APPOINTS ADDITIONAL TRAINS FOR EASTER HOLIDAYS
(Daily News: April 20, 2011)
LLC Georgian Railway will set extra trains on direction to western part of the country in terms to meet increased passenger traffic within Easter holidays.
As deputy director of Georgian Railway’s passenger transporting Khariton Shalamberidze has declared at the news conference today, the Railway appoints one 8-carriage train to Tbilisi-Senaki route and one 4-carriage train to Tbilisi-Ozurgeti.
TBILISI CITY HALL TO SPENT OVER 4.5M LARI ON TBILISI SEA BYPASS ROAD
(Daily News: April 20, 2011)
Tbilisi City Hall announced tender on Tbilisi Sea bypass motor-road construction arrangements. Estimated cost of service is 4.5 million lari.
DIRECT AIR COMMUNICATION BETWEEN TBILISI AND ROME IS CONSIDERED
(Daily News: April 20, 2011)
Direct air traffic may be started between Tbilisi and Rome, Georgian Prime Minister Nika Gilauri has declared while commenting results of visit to Italy (April 17-19). In case of positive decision, at least 2-3 flights will be made weekly, he noted.
Bankebi da Finansebi: “20M LARI HAS GONE”
(Economic Press Monitor: April 20, 2011)
The state budget has allocated 20 million lari to state-owned LLC Georgian Railway, which has quite a big profit itself. The Railway declares that this sum is intended for its subsidiary company – LLC Railway Property Management.
“MOBITEL” TO RAFFLE A FLAT AND CASH PRIZES
(Daily News: April 19, 2011)
Mobile communication company LLC Mobitel, operating under Beeline brand, announced encouraging lottery for its subscribers.
The main prize is an apartment in Tbilisi (13th block of Bagebi).
“PROCREDIT BANK” TO APPLY SINGLE CONCEPT TO ITS BRANCH NETWORK
(Daily News: April 19, 2011)
This year, ProCredit Bank plans to arrange 10 or more branches according to new concept – “banking service in one spot”, director general of the bank Maya Meredova told Sarke. Upgrade of one branch will cost about 150,000 lari.
Kviris Palitra: ““CHAIN WARS” AT THE FOOD RETAIL MARKET”
(Economic Press Monitor: April 18, 2011)
There are about 3,000 food-trading outlets in Tbilisi. At that, 11% accounts for the supermarkets, while the rest are separate outlets and unorganized traders.
TBILISI CITY HALL TO BUY-OUT FINISHED SPACES FROM DEVELOPERS
(Daily News: April 15, 2011)
Tbilisi Mayor Gigi Ugulava announced today about the third stage of “New Life for Old Tbilisi” program. He declared to representatives of development companies and banks that City Hall will sign agreements with developers, securing buy-out of finished spaces for fixed price of $400 per 1 square m (in lari equivalent).
GERMAN “SAP” COMPLETED FIRST STAGE OF ENTERPRISE RESOURCE PLANNING SYSTEM INTRODUCTION IN “TELASI”
(Daily News: April 15, 2011)
JSC TELASI, Tbilisi energy distributor, announced about completion of the first stage of enterprise resource planning system’s introduction. Introduction of the system is implemented by German SAP.
EUGBC SECRETARY GENERAL: GEORGIA RUNS GOOD CAPACITY OF ORGANIC PRODUCTION
(Daily News: April 15, 2011)
Konstantine Zaldastanishvili, secretary general of EU-Georgia Business Council (EUGBC) considers that Georgia has good capacity of organic production. In case of proper business planning, Georgian production may hold own niche in European market, he points.
15 NEW TOURIST INFORMATION CENTERS TO BE OPENED THIS YEAR
(Daily News: April 15, 2011)
Medea Janiashvili, manager of National Tourism Agency, reported that 15 new tourist information centers will be opened this year countrywide. She said that this year focus will be placed on development of extreme, ethnographical and cultural tourism.
Rezonansi: “COST OF INTERIOR MINISTRY’S NEW BUILDING EXCEEDS 79M”
(Economic Press Monitor: April 15, 2011)
According to newspaper, administrative building of Patrol Police, located on Kakheti Highway in Tbilisi, is the most expensive construction of this department. Cost of the building exceeds 79 million lari.
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