Bankebi da Finansebi: “BUBA KIKABIDZE AND SPECULATION OF TURTLE LAKE”
(Economic Press Monitor: June 22, 2011)
Status of recreation zone has been removed for the near-by area of Turtle Lake (Vake district of Tbilisi). The author of the article does not exclude possibility that Tbilisi City Hall will represent soon a multi-million project of Turtle Lake development.
“GEORGIAN AIRWAYS” TO MAKE BATUMI-MOSCOW FLIGHT BY 10 EUR CHEAPER THAN TBILISI-MOSCOW
(Daily News: June 21, 2011)
Air company Georgian Airways announced about launch of Batumi-Moscow flights from today. The flights will be made twice a week – on Tuesday and Sunday.
“ARDI GROUP” OFFERED DECREASING FRANCHISE
(Daily News: June 21, 2011)
Insurance company Ardi Group told Sarke that franchise (co-participation in insurance) is offered in car insurance, which decreases by $10 monthly. Annual franchise payment makes up $110.
“GEOGOLD” TOOK TBILISI’S MUSHTAIDI PARK IN 49-YEAR LEASE
(Daily News: June 21, 2011)
Tbilisi City Hall’s agency for property management reported that 2 parks of the capital were given in long lease. The matter concerns Mushtaidi Park (Didube district) and Red Garden (Saburtalo district).
NEW RULES TO BE SET FOR SWEEPING SERVICE FEE CALCULATION IN TBILISI
(Daily News: June 21, 2011)
Tbilisi City Hall is going to introduce from July 1 new rule for calculation of fee for sweeping and wastes management service. Mayor Gigi Ugulava has presented corresponding draft on June 17 to Sakrebulo (City Council).
BUILDING ON PALIASHVILI STREET IN TBILISI BROUGHT ON AUCTION
(Daily News: June 17, 2011)
Economy and Sustainable Development Ministry announced auction on building with land plot in Tbilisi (Paliashvili Str. 87). Starting price of the object makes up 2.7 million lari.
YOUNG FINANCIERS AND BUSINESSMEN ASSOCIATION: ANTIMONOPOLY LEGISLATIVE INITIATIVE IS NOT SUBMITTED TO THE PARLIAMENT YET
(Daily News: June 17, 2011)
As head of the Young Financiers and Businessmen Association Merab Janiashvili has declared today, already more than a year passed since the Free Trade and Competition Agency was renamed into Anti-Monopoly Service.
Since that, restoration of anti-monopoly legislation was multiple announced by the government – first, in June 2010, then in November of the same year, and finally in this April, but nothing happened in fact, Janiashvili said.
Rezonansi: “KINDERGARTENS HAVE SUSPENDED ACCEPTANCE OF NEW CHILDREN”
(Economic Press Monitor: June 17, 2011)
Kindergartens in Tbilisi have suspended accepting new children.
Tbilisi City Hall explains the fact with technical reasons and declares that currently census of already accepted contingent is being conducted, so registration will be resumed later.
Rezonansi: “EU’S DEMANDS HAVE INCREASED MEAT PRICE IN GEORGIA”
(Economic Press Monitor: June 17, 2011)
Increase of meat price is basically caused by restrictions, imposed on cattle slaughtering and meat procession.
There is common consensus that Natakhtari slaughterhouse, which has gained right on cattle slaughtering and issuing certificates for meat realization, has a lion’s share in price increase, the newspaper reports.
NO INTERESTS EXPRESSED FOR SPORT COMPLEX OF “GT+”
(Daily News: June 16, 2011)
Contest, announced by VTB Bank Georgia’s subsidiary LLC GT+ on management and investment attraction for development of sport complex in Tbilisi, has not been applied.
The matter concerns uncompleted sport complex in Digomi district (tennis courts, Ljubljana Str. 18/20).
GEORGIA MAY APPEAR AS REGIONAL TRANSPORT HUB
(Daily News: June 16, 2011)
Tbilisi hosts the 6th conference of International Road Transport Union (IRU), being attended by representatives of 22 international organizations and 70 countries. The event was launched today in Rustaveli Theatre.
Rezonansi: “TURMOIL AROUND MERGER OF HOSPITAL #1 AND PEDIATRIC RESEARCH INSTITUTE”
(Economic Press Monitor: June 16, 2011)
Children’s hospital #1 and Pediatric Research Institute, both located in Tbilisi, are being merged.
Vakhtang Zerekidze, director of the united hospital, ensures that all skilled employees will keep their positions.
Rezonansi: “TAXI-DRIVERS WILL HAVE TO PAY 500 EURO, WHILE PASSENGERS – 80 TETRI SINCE JULY”
(Economic Press Monitor: June 16, 2011)
New mini-buses, the so-called “marshrutkas”, will appear in Tbilisi from July 1. These vehicles cost of $30,000 will be ensured.
“SILKNET” LAUNCHED PROMO ACTION FOR OWN TV BROADCASTING SERVICE
(Daily News: June 15, 2011)
JSC SilkNet (fixed communication operator) offers video collection, available for users of SilkTV (IPTV service of the company) for free until September 1. Within the action, subscribers are able to order over 400 Georgian and foreign movies through VoD (Video on Demand) service.
“DEXUS” TO RESUME MORE 3 PROJECTS
(Daily News: June 15, 2011)
Construction company Dexus announced about plans on gradual resume of more 3 idle projects of Center Point from July.
The matter concerns complex at Saakadze Square, White House in Samgori district and the 4th block on Khosharauli Street (all in Tbilisi).
REVENUE FROM SELLING OF INVESTMENT AND NUMISMATIC COINS MADE UP 1.3M LARI
(Daily News: June 15, 2011)
National Bank of Georgia (NBG) reported that in 2010, revenue from selling of collection, investment and numismatic coins (available through NBG’s Money Museum in Tbilisi and Cash Center in Kutaisi) made up 1.3 million lari. The figure is almost doubled year-on-year.
24 Saati: “NOBODY WILL BE POISONED BY MEAT, ESPECIALLY THOSE WHO DO NOT EAT”
(Economic Press Monitor: June 15, 2011)
The newspaper notes that sharp increase of meat price caused long debates in the Parliament on June 14.
Parliament minority declared that price growth was caused by the monopoly, created as the result of new regulations.
SUIT OF “GEORGIAN RAILWAY” AGAINST “SILKNET” DECLINED
(Daily News: June 14, 2011)
Communications operator SilkNet announced that Tbilisi Court has not satisfied suit of LLC Georgian Railway on arrears payment.
The mentioned arrears appeared after Georgian Railway’s unilateral decision on fee increase for admission to optic fiber cable.
GPS STATIONS’ INSTALLATION ALREADY COST 1.5M LARI
(Daily News: June 14, 2011)
Soso Tsikarishvili, head of Justice Ministry’s Public Register, declared to Sarke that 1.5 million lari was spent on the first stage of GPS stations’ installation in Georgia.
The World Bank alloted $450,000, which was used for hardware acquisition.
BLITZ-SURVEY: LONG-TERM T-BONDS – ADVANTAGES OR DISADVANTAGES
(Daily News: June 13, 2011)
Experts divided in their opinions regarding emission of 5-year treasury bonds. The survey includes Zurab Gvasalia (Georgian Banks’ Association), Temur Kuprava (Free University), Nodar Khaduri (Tbilisi State University), David Narmania (Caucasus Institute for Economic and Social Researches).
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