“TAOPRIVATBANK” OFFERS INSTALLMENT FOR PURCHASING OF PC IN TERMS OF EDUCATION AND SCIENCE MINISTRY’S PROJECT
(Daily News: October 7, 2010)
Within frameworks of Education and Science Ministry’s project “Computer for Everyone”, purchasing of PCs will be available since October 22 through installment program of TaoPrivatBank.
All local banks would be engaged in this project step-by-step, Deputy Minister of Education and Science Koka Seperteladze told journalists.
FORMER FACTORY “AVANGARD” IS ON SALE
(Daily News: October 6, 2010)
State property registration and privatization regional department on Racha-Lechkhumi and Imereti has put territory and office of former Kutaisi factory Avangard on sale. Starting price is $1.2 million.
“GLOBAL STAR” AWARDED 21 HOTELS WITH STARS
(Daily News: October 5, 2010)
Association Global Star told Sarke that as of today, starts have been awarded for 21 hotels in Georgia. Among them 8 hotels are located in Tbilisi, 12 in Ajara and 1 – in Kutaisi.
“PROCREDIT BANK” TO OPEN 2 NEW BRANCHES BY THE END OF 2010
(Daily News: September 30, 2010)
Maia Meredova, director general of ProCredit Bank, said that the bank is going to open 2 new branches until the end of this year. One office would be opened in Tbilisi (Didi Digomi), while another – in Kutaisi, she told Sarke.
“LIBERTY BANK” ISSUED GIFT CARD
(Daily News: September 28, 2010)
Liberty Bank reported that it has started offering Gift Card today. Consumers may apply for this card in Tbilisi, Batumi, Kutaisi and Rustavi.
OTC DEAL FIXED ON 5% OF JSC “KUTAISI CONCRETE GOODS PLANT #2”
(Daily News: September 24, 2010)
Georgian Stock Exchange reports that 5% of JSC Kutaisi Concrete Goods Plant #2 has been sold through OTC deal today. Stake of 16,370 shares was sold for 4,911 lari, correspondingly price per share made up 0.30 lari.
Rezonansi: “PLANS OF INDUSTRIAL ZONES IN GEORGIA COMPLETELY FAILED”
(Economic Press Monitor: July 29, 2010)
Out of 6 industrial zones, planned in Georgia by the government, only Kutaisi zone is operating with small scale. Zones had to be created in Poti, Rustavi, Batumi, Tbilisi and two – in Kutaisi.
BLITZ-SURVEY: WHY CANNOT GEORGIA USE GSP?
(Daily News: July 26, 2010)
Current blitz-survey concerned the problems related to Generalized System of Preferences (GSP).
Sarke applied to Seth Vaughn (US GSP Program, Office of US Trade Representative), Mikheil Janelidze (head of International Trade and Economic Relations Department of Georgian Economic and Stable Development Ministry) and Elene Shatberashvili (lawyer of Bio-Farming Association Elkana), asking them to comment on the above-mentioned issue.
Rezonansi: ““NEW ANAKLIA” – ON PEOPLE’S EXPROPRIATED LAND”
(Economic Press Monitor: July 26, 2010)
President Mikheil Saakashvili announced plan on Anaklia resort (Samegrelo region) development and infrastructure rehabilitation in the previous year. Yacht club, pendant bridge, boulevard and other infrastructure should be built there within the next 2-3 years.
ADB APPROVED CREDIT OF $300M FOR GEORGIA’S URBAN TRANSPORT DEVELOPMENT
(Daily News: July 22, 2010)
Asian Development Bank (ADB) reported that board of directors has adopted recently allocation of credit to Georgia of $300 million. The sum is envisaged for the development of urban transport.
GLOBAL INTERNET LINK WAS TEMPORARILY SUSPENDED TO SUBSCRIBERS OF LLC “CAUCASUS ONLINE”
(Daily News: July 21, 2010)
LLC Caucasus Online reported about suspended global internet connection this morning. The company said that suspension was caused by technical problems in network of LLC Railway Telecom.
“TBC BANK” ISSUED $8M FOR “BLOCK GEORGIA”
(Daily News: July 21, 2010)
TBC Bank reported about issuing of loan of $8 million for Georgian-Czech Block Georgia. USAID became the borrower’s guarantor.
AMERICAN SIDE TO SUPPORT GEORGIAN PRIVATE SECTOR IN UTILIZATION OF GSP
(Daily News: July 21, 2010)
The US Trade Department will support representatives of Georgian private sector in mastering the US market and utilization of Generalized System of Preferences (GSP).
For that end, American experts will hold seminars for Georgian entrepreneurs in Tbilisi, Kutaisi and Batumi on July 21-26.
REHABILITATION OF WATER AND SEWERAGE SYSTEMS TO BE LAUNCHED SOON IN GEORGIA’S 6 DISTRICTS
(Daily News: July 20, 2010)
Irakli Kvashilava, head of Agency for Water Supply Regional Development, declared that rehabilitation of water and sewerage systems will be launched in 6 districts of the country in near future. The matter concerns Anaklia, Kutaisi, Marneuli, Mestia, Poti and Zugdidi.
RENEWED ELECTRIC TRAIN TO MOVE ON KUTAISI-SACHKHERE ROUTE
(Daily News: July 16, 2010)
LLC Georgian Railway announced that renewed electric train would move on Kutaisi-Sachkhere route (2-times a day). Ticket price is 1 lari.
DRINKING WATER CONSUMPTION INCREASED BY 5.7% IN 2009
(Daily News: July 5, 2010)
National Energy and Water Regulating Commission reported that total supply of drinking water in Georgia amounted in 2009 to 697.1 million cubic m. The volume is increased by 5.7% if compared to 2008.
GEORGIAN MUNICIPAL DEVELOPMENT FUND TO CARRY OUT PROJECTS OF 24.5M LARI IN IMERETI AND GURIA
(Daily News: June 25, 2010)
According to Municipal Development Fund (MDF), projects with total cost of 24.5 million lari will be carried out in Imereti and Guria until the end of this year.
Out of total, 21 million lari would be spent for rehabilitation of municipal roads in Imereti region.
CONSTRUCTION OF 27 NEW CLINICS IN THE REGIONS TO BEGIN IN 1 MONTH
(Daily News: June 23, 2010)
Georgian Prime Minister Nika Gilauri declared on the government’s meeting today that construction of 27 new clinics would begin in the regions in 1 month. Currently, works on the hospitals’ design are almost finished, he noted.
Bankebi da Finansebi: “GEORGIAN MILLIONAIRE PANTIKO TORDIA IS MENTIONED IN CASE ON INTERNATIONAL TRADE OF ARMS”
(Economic Press Monitor: June 18, 2010)
The article is based on the materials on Georgia’s participation in smuggling of weapons, broadcasted by Georgian TV channel Maestro. The story is based on evidence of Alexander Islamov, the participant of this process, whos case is investigated by Georgian security services.
ELECTRIC TRAIN KUTAISI-MAKHINJAURI APPOINTED
(Daily News: June 17, 2010)
According to LLC Georgian Railway, new electric train of 2 carriages has been appointed to move between Kutaisi and Makhinjauri. Ticket price is 4 lari.
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