ILIA UNIVERSITY’S RESEARCH: CHEAPEST INSTANT COFFEE IS OFFERED BY “CARREFOUR”, WHILE THE MOST EXPENSIVE – BY “BIG BEN”
(Daily News: December 7, 2012)
According to the study of Ilia State University’s Center of Economic Research and Consulting, the lowest price for instant coffee in the most cases is fixed in Carrefour, while the highest one – in Big Ben. The Center studied price of coffee in 200 g cans.
THE 4TH PHASE OF GAS AND ENERGY INFRASTRUCTURE PROGRAM IS STARTED
(Daily News: December 5, 2012)
Georgian Oil and Gas Corporation announced about launch of the 4th phase of the USAID-funded program on Georgian gas and energy infrastructure.
The Corporation said that the 4th phase envisages construction of 23-km Zestaponi-Kutaisi section and rehabilitation of high-risk sites on Gori-Kareli section of 700-mm gas mine.
EXTRA 15.5M LARI TO BE ALLOCATED FOR REHABILITATION OF KUTAISI AIRPORT
(Daily News: December 4, 2012)
Additional 15.5 million lari will be allocated from the state budget in terms to complete rehabilitation of Kutaisi airport. Respective draft amendments to the state budget-2012 are already submitted to the Parliament.
2M LARI TO BE ALLOCATED FOR REHABILITATION OF PARLIAMENT BUILDING IN TBILISI
(Daily News: December 4, 2012)
The state budget will allocate 2 million lari in terms to rehabilitate building of the Parliament in Tbilisi. Respective amendment to the state budget-2012 has already been submitted to the legislative body.
Rezonansi: “THE BUDGET IS LOSING HUNDREDS OF MILLIONS LARI FROM YEAR TO YEAR”
(Economic Press Monitor: December 4, 2012)
In an interview with the newspaper, Georgian Finance Minister Nodar Khaduri talks about those companies, “which get certain types of funding from the state budget and at the same time, tax officers were very loyal to them”.
In particular, the Minister names construction companies, which have been participating in the rehabilitation projects of Tbilisi, Signagi, Telavi, Kutaisi, construction of Lazika, etc.
TBILISI HOSTS INDIAN PRODUCTION EXHIBITION
(Daily News: November 28, 2012)
Tbilisi City Hall reports that exhibition of Indian production has been opened in the capital’s Sport Palace today. The 2-week event is initiated by international company Little India.
“RICO CREDIT” LAUNCHED SECOND SERVICE-CENTER IN KUTAISI
(Daily News: November 26, 2012)
Micro-financial company Rico Credit reported about opening of the second service-center in Kutaisi these days (Agmashenebeli Sq., 2). Since May, the company runs a branch in Kutaisi.
STATE AUDIT SERVICE TO STUDY EXPENDITURES OF NEW PARLIAMENT BUILDING CONSTRUCTION
(Daily News: November 22, 2012)
At the plenary session yesterday, the Parliament adopted resolution regarding “audit and inspection of funds’ attraction and reasonable spending on Georgia’s parliament palace construction in Kutaisi”. According to the mentioned document, State Audit Service will study all relevant expenditures.
FORMER ENERGY MINISTER TO HEAD “ITERA GEORGIA”
(Daily News: November 15, 2012)
Georgian office of Itera Georgia’s new owner SOCAR said that Aleksandre Khetaguri has been appointed as director general of Itera Georgia. Khetaguri was Georgia’s Energy and Natural Resources Minister in 2007-2012.
Rezonansi: “KIEV IS KUTAISI AIRPORT’S SHEET ANCHOR”
(Economic Press Monitor: November 14, 2012)
40 million lari has been already spent for construction of Kutaisi airport and more 10 million is needed for its completion.
Experts put under question the necessity of fund expenditure, as even Tbilisi and Batumi airports cannot operate with a full load, the newspaper says.
“RED-M WIRELESS LIMITED” STARTED MONITORING OF INTERNET SERVICE QUALITY
(Daily News: November 7, 2012)
National Communication Commission reported that contract has been signed with British company Red-M Wireless Limited, which will implement monitoring of fixed broadband (Internet) service quality. The project cost is 697,000 lari.
Rezonansi: “PARLIAMENT BUILDING REMAINS WITHOUT FUNCTION”
(Economic Press Monitor: November 6, 2012)
Zurab Tkemaladze, chairman of Branch Economy Committee of the Parliament, claims that 360 million lari was spent on construction of the Parliament building in Kutaisi. At that, completion of the building needs more 20-30 million lari.
“S7” AND “URAL AIRLINES” STARTED FLIGHTS TO KUTAISI ALSO
(Daily News: November 5, 2012)
Civil Aviation Agency reported that Russian air carriers S7 (Sibir Airlines) and Ural Airlines started flights Moscow-Kutaisi.
Both companies will perform one flight a week.
Versia: “WHY ARE PROJECTS OF “BATUMI TOWER” AND KUTAISI PARLIAMENT SUSPICIOUS AND WHAT DOES DAVID NARMANIA PLAN?”
(Economic Press Monitor: November 2, 2012)
David Narmania, Minister of Regional Development and Infrastructure, declares that reorganization of his agency will be completed by the end of this year.
Coordination and management of infrastructure projects will be moved to the Ministry of Economy, while a separate agency will be in charge for regional development and relations with local authorities, which will be subordinated to office of Prime Minister, Narmania declares in an interview with the newspaper.
“SOCAR” ACQUIRED “ITERA GEORGIA”
(Daily News: November 1, 2012)
Azeri news agencies reported that SOCAR, state oil company of Azerbaijan, acquired Georgian gas distribution company Itera Georgia.
After this deal, SOCAR became single gas distributor in Georgian regions (except Telavi of Kakheti, where gas is supplied by Wissol Gas).
“VTB BANK GEORGIA” TO LEND LOAN TO “TECHNOBOOM”
(Daily News: October 30, 2012)
TechnoBoom, distributor of household appliances, declared that agreement is signed with VTB Bank Georgia on lending of $5 million. The funding will be used for expansion of goods in stock, the company noted.
PARLIAMENT OF THE 8TH CONVOCATION LAUNCHED WORK
(Daily News: October 22, 2012)
The first plenary session of the Parliament of the 8th convocation was held in Kutaisi yesterday, while the Parliament bureau held a meeting today.
As it is known, majority of the Parliament is represented by coalition Bidzina Ivanishvili – Georgian Dream.
BIDZINA IVANISHVILI OFFICIALLY NOMINATED ON THE POST OF PREMIER
(Daily News: October 17, 2012)
The President Mikheil Saakashvili has officially nominated Bidzina Ivanishvili on the post of the Premier. The President’s press speaker Manana Manjgaladze declared today that the President had issued a respective regulation.
Rezonansi: “MINER’S EPIDEMIC STRIKE”
(Economic Press Monitor: October 16, 2012)
The newspaper reports that after Poti Port workers, employees of JSC Ferro and miners of Tkibuli and Chiatura have been on strike. Protesters demand a long-term labor contracts, normal working conditions and adequate wages.
Rezonansi: “LOCAL BUDGETS ARE EMPTY AFTER THE ELECTIONS”
(Economic Press Monitor: October 16, 2012)
The article considers problems of local budgets in post-election period on example of Kutaisi, districts of Kakheti region and Ozurgeti district of Guria region.
Namely, representatives of Free Georgia declare that municipal budgets of Kutaisi and of Kakheti districts may face problems with funding of current commitments.
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