GUDUSHAURI NATIONAL MEDICAL CENTER IS OFFERED ON AUCTIONED
(Daily News: October 26, 2011)
Economy and Sustainable Development Ministry has announced auction on the state-owned JSC Guduhasuri National Medical Center. The matter concerns alienation of 29.37 million shares (100%).
“KIA MOTORS GEORGIA”: SALES HAVE INCREASED BY 50-60%
(Daily News: October 26, 2011)
KIA Motors Georgia (official office of Korean KIA in Georgia) has declared to Sarke that sales of the company increased by 50-60% compared with the last year.
On average, 30-35 cars are being sold monthly, the company said, noting that demand has increased for economy cars.
NUMBER OF UTILITY PAYMENTS, MADE THROUGH “LIBERTY BANK”, INCREASED BY 14% IN Q3
(Daily News: October 26, 2011)
Liberty Bank reported about 2.17 million payments of utility bills, served by the bank in the 3rd quarter. The figure is increased by 14% comparing to the 2nd quarter of this year, while doubled comparing to the same period of the previous year.
WINE STORE OPENED IN DUTY FREE ZONE OF TBILISI AIRPORT
(Daily News: October 25, 2011)
ATU Georgia and TAV Georgia (operator of Tbilisi International Airport) have opened wine store Georgian Wines in duty-free zone of the airport today.
The store offer wines of 12 Georgian companies (Badagoni, Tbilgvino, Teliani Valley, Kindzmarauli Wine Cellar, Bagrationi-1882, etc.).
ANSI TO COOPERATE WITH GAC
(Daily News: October 25, 2011)
American National Standards Institute (ANSI) and Georgian Accreditation Center (GAC) have signed memorandum on long-term cooperation in Tbilisi today.
ANSI will back GAC in preparation of working plan, in terms of national conformity assessment system’s harmonization with international standards.
GERMANY TO ALLOT MORE 4M EUR FOR IDPS
(Daily News: October 25, 2011)
German government will allot extra 4 million EUR in terms to improve living conditions for IDPs (internally displaced persons). Corresponding agreement was signed in Tbilisi today.
GERMANY TO ALLOT 75M EUR FOR ECONOMIC PROJECTS IN GEORGIA
(Daily News: October 25, 2011)
Georgian Finance Ministry has informed that German government will provide up to 75 million EUR for implementation of different economic projects in Georgia.
The decision has been made within semiannual Georgian-German intergovernmental negotiations, held in Tbilisi recently.
Rezonansi: “FINED AND OUT-OF-PASSENGER DRIVERS WENT ON STRIKE AGAIN”
(Economic Press Monitor: October 25, 2011)
The newspaper reports that part of mini-bus drivers, who were fined due to transporting extra passengers (standing on foot), went on strike. The drivers are protesting increase of daily target for collected money.
Rezonansi: “THE GOVERNMENT STARTS CARE ON ELECTIONS WITH SALARY INCREASE”
(Economic Press Monitor: October 25, 2011)
According to draft budget-2012, salary allocations are increased by 48 million lari (up to 1.128 billion). On other hand, staff of the budgetary organizations is reduced from 100,130 to 99,538 persons.
Kviris Palitra: “WASTED 5 MILLIONS?”
(Economic Press Monitor: October 24, 2011)
The newspaper considers distribution by Tbilisi City Hall of 5-lari vouchers for travel by municipal transport is not “a great benefit”.
However, so many people gathered at cash-boxes that long queue appeared for entering the subway stations.
BUSINESS GROUP “VALENCIA” PLANS TO BUILD TRADE AND DWELLING COMPLEX IN SABURTALO
(Daily News: October 21, 2011)
Business group Valencia plans to build trade and living complex in Saburtalo district of Tbilisi and holds negotiations on investments’ attraction.
As director general of the company Zurab Agladze has declared to Sarke, the project envisages dismantling of a number of houses on Peking Street and construction of mall and new residential buildings instead.
MORE THAN 50 COMPANIES TAKE PART IN “TBILISI AUTO SHOW 2011”
(Daily News: October 21, 2011)
The 7th international exhibition Tbilisi Auto Show 2011 was opened in exhibition center ExpoGeorgia today. More than 53 companies take part in the event, which will last until October 23.
REAL ESTATE IN REGIONS HANDED OVER TO “UNITED WATER SUPPLY COMPANY”
(Daily News: October 20, 2011)
Georgian United Water Supply Company reported that Ministry of Regional Development and Infrastructure has handed over to it real estate in regions. As a result, capital of the company increased by 49 million lari – up to 126 million lari.
TBILISI BRANCH OF “ZIRAAT BANK” PLANS TO ISSUE PLASTIC CARDS
(Daily News: October 20, 2011)
Tbilisi branch of Turkish Ziraat Bank plans to issue local debit cards in near future.
As the branch told Sarke, through the mentioned cards only transactions in Georgia will be available and only through ATMs of Ziraat Bank’s Tbilisi branch and TBC Bank.
ZAZA GOROZIA BECAME NEW AGRICULTURE MINISTER
(Daily News: October 20, 2011)
Zaza Gorozia has become new Agriculture Minister, substituting Bakur Kvezereli on the mentioned post. Prime Minister Nika Gilauri has declared about changes in the government at the briefing today.
“TELASI” INTRODUCED COMPUTER MANAGEMENT OF MEDIUM-VOLTAGE DISTRIBUTION NETWORK
(Daily News: October 19, 2011)
JSC TELASI (Tbilisi energy distributor) announced about introduction of computer system for medium-voltage distribution network management. The project, which aims to simplify network dispatching and staff operation, cost the company $174,000.
BANKERS CONSIDER ISSUES OF CURRENCY RISK MANAGEMENT
(Daily News: October 19, 2011)
National Bank of Georgia (NBG) and European Bank for Reconstruction and Development (EBRD) are holding jointly 2-day conference on exchange rate risk management in Tbilisi.
According to EBRD’s chief banker Irakli Mekvabishvili, conference on the mentioned subject is held for the first time in Georgia in such scale.
Rezonansi: “LARGE CONSTRUCTION COMPANIES ARE SCARED WITH CITY HALL’S AMNESTY”
(Economic Press Monitor: October 19, 2011)
Supervision Service of Tbilisi City Hall reports that 102 entities have applied to financial amnesty, announced by the City Hall for constriction sector. Total fine, which was written off to them, amounted to 1.077 million lari.
SPECIAL SERVICE TO BE OFFERED TO CIP CLIENTS OF “SAKARTVELOS BANKI” IN TBILISI AIRPORT
(Daily News: October 18, 2011)
Sakartvelos Banki (Bank of Georgia) will arrange part of prime class departure hall in Tbilisi International Airport for own CIP clients (commercially important persons). The bank and TAV Operation Service have signed corresponding agreement today.
“GEORGIAN RAILWAYS” TO PURCHASE 188 AUTOMATIC COUPLERS
(Daily News: October 18, 2011)
LLC Georgian Railway has announced international tender on procurement of automatic couplers and spare parts. Expected total cost of 3 lots is 1.6 million lari.
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