GURAMISHVILI PEDIATRIC CLINIC SOLD FOR 2.16M LARI
(Daily News: June 3, 2011)
Economy and Sustainable Development Ministry reported that LLC Mikheil Guramishvili Pediatric Clinic was sold for 2.16 million lari. Starting price of the clinic, located in TEMKA settlement of Tbilisi, was 1.68 million lari.
FIXED COMMUNICATION NUMBERS ARE CHANGED
(Daily News: June 3, 2011)
Because of transition to new numeration system, fixed communication numbers will be changed from June 4. Namely, digit “2” will be added to beginning of current numbers.
“TELASI” PLANS TO COMPLETE POWER METERS’ INSTALLATION THIS YEAR, “KAKHETI ENERGY DISTRIBUTION” – IN 2013, “ENERGO-PRO GEORGIA” – 2014
(Daily News: June 3, 2011)
Georgian Energy and Water Supply Regulating Commission reported that TELASI (Tbilisi energy distributor) plans to complete individual power meters’ installation this year. Kakheti Energy Distribution plans the same for 2013, while Energo-Pro Georgia (distributor of other regions of Georgia) – 2014.
MORE THAN ONE THIRD OF CONSUMED POWER ACCOUNTS FOR “ENERGO-PRO GEORGIA”
(Daily News: June 3, 2011)
Energy and Water Supply Regulating Commission reported that 38% of consumed power accounted in 2010 for regional distributor Energo-Pro Georgia (2.7 billion kWh). Growth in comparison with 2009 made up 12.9%.
“GEORGIAN AIRWAYS” TO OPERATE NEW FLIGHTS FROM BATUMI IN SUMMER
(Daily News: June 3, 2011)
Georgian Airways announced that flights between Batumi and Tel-Aviv will be launched on June 5. The flights will be implemented once a week (on Sundays).
Rezonansi: “TALKS ON WTO IN ROME”
(Economic Press Monitor: June 3, 2011)
The US Vice President Joe Biden declared during his meeting with Georgian President Mikheil Saakashvili in the capital of Italy, that the US supports Russia’s accession in the World Trade Organization (WTO), however, they cannot interfere in the negotiations between Tbilisi and Moscow.
Russian media regarded this statement as round intimations for Georgia, but Georgian side has different estimation of Biden’s words.
WINEMAKER SOLIKO TAISHVILI: WE CANNOT MEET EUROPEAN DEMAND FOR KVEVRI WINE
(Daily News: June 2, 2011)
Soliko Taishvili, head of association Kvevris Gvino (Kvevri Wine, kvevri – traditional Georgian vessel for wine making), considers that out of Georgian wines only kvevri wine may have prospect in European market as unique Georgian product.
As he declared to Sarke, the mentioned wines have quite good call on European market, but Georgia is unable to meet this demand.
WINE CONTEST TO BE HELD AT THE 4TH INTERNATIONAL EXHIBITION OF WINE AND SPIRITS
(Daily News: June 2, 2011)
The 4th international exhibition of wine and spirits was opened in Tbilisi exhibition center ExpoGeorgia today, where 60 different organizations are participating. Besides Georgian wine and drinks, 38 stands exhibit production and packing equipment as well.
Rezonansi: “GEORGIAN LAND HAS ALREADY GROWN IN PRICE AND WILL BE INCREASED FURTHER”
(Economic Press Monitor: June 2, 2011)
Guram Palavandishvili, realty expert, declares that growth in price of land sites intended for residential construction has been observed for the last 6 months. The prices are increased by 50% for this moment.
“MAGNATI 2006” IS AUCTIONED FOR 1.9M LARI
(Daily News: June 1, 2011)
Bankruptcy manager of LLC Magnati 2006 has announced auction on the property of the company. The property is being sold in single lot, which starting price makes up 1.9 million lari.
WATER METERS TO BE INSTALLED TO 50,000 CONSUMERS IN TBILISI TILL THE END OF YEAR
(Daily News: June 1, 2011)
Georgian Water and Power (GWP, Tbilisi water supply company) announced that individual water meter installation has already been launched in Tbilisi. Pilot project has been finished today, envisaging installation of 200 individual water meters to residents of Metromsheni settlement in Isani-Samgori district.
TWO COMPANIES TOOK PART IN TENDER FOR HES CONSTRUCTION ON CHELTI RIVER
(Daily News: June 1, 2011)
LLC Georgian Oil and Gas Corporation announced that LLC Peri and Stucky Ltd have passed to the tender stage of bidding, announced for construction of 4-5 mW hydroelectric station on river Chelti in Kakheti region (village Shilda of Kvareli district).
To remind, Georgian Green Energy Development Company, subsidiary of state-owned Georgian Oil and Gas Corporation, announced bids invitation on design works and construction of this HES on May 2.
Bankebi da Finansebi: “TAX CODE TO BE AMENDED AGAIN”
(Economic Press Monitor: June 1, 2011)
Draft amendments to the Tax Code permit selling of production for a less price than its primary cost. Such deals will not be doubtful for tax authority anymore.
INDIVIDUAL WATER METER INSTALLATION PROCESS STARTED IN RUSTAVI
(Daily News: May 31, 2011)
Rustavi Water, Rustavi water supply company, has declared at the press conference today that process of individual water meter installation has been started in the city.
The process will simultaneously apply for multi-storey apartment houses as well as private houses in Rustavi and Gardabani settlements.
IRANIAN INVESTORS INTERESTED IN CAMPUS IN VAKE
(Daily News: May 31, 2011)
Director of Fast+ (importer of bitumen) Nazi Alasania declared that Iranian company Farasat will build dwelling complexes, restaurants and trade centers on the territory of campus in Vake district, Tbilisi. As she reported, total cost of the project is $50-55 million.
POPULATION NATURAL GROWTH DECREASED BY 12.2%
(Daily News: May 31, 2011)
Sakstat reported that natural growth of population in 2010 made up 14,721 persons, being reduced by 12.2% if compared to 2009. The figure was influenced by growth of death rate and slight reduction of birth, statisticians noted.
GEORGIA RATIFIED AZERI CREDIT FOR MARABDA-KARTSAKHI RAILWAY PROJECT
(Daily News: May 31, 2011)
Protocol on amendments to Georgian-Azeri agreement on project of Baku-Tbilisi-Kars railway was ratified at the plenary session of the Parliament today.
According to the amendments, Azerbaijan will allot additional long-term credit of $575 million for Marabda-Kartsakhi railway construction (part of the mentioned project).
Rezonansi: “TBILISI CITY HALL IS BLAMED IN DESERTIFICATION OF THE CAPITAL”
(Economic Press Monitor: May 31, 2011)
As far back as 2000, Tbilisi was recognized as the most polluted city in Europe. Environment activists declare that ecological condition is worsened for the last years.
Kviris Palitra: “TENDER INEQUALITY”
(Economic Press Monitor: May 30, 2011)
Despite introduction of electronic tenders on the state procurements, quality of supplied goods and lack of real competition still remains a problem.
According to the experts, usually only one company applies to the tender.
Kviris Palitra: “INVESTORS DO NOT RUN AWAY “EASILY””
(Economic Press Monitor: May 30, 2011)
The article reviews impact of recent political events in Tbilisi on Georgia’s business environment.
Travel agencies do not have problems yet, but tourists, who are planning to visit Georgia, call frequently asking questions regarding current situation in the country, the newspaper notes.
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