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Economic Press Monitor


January 11, 2019

IN THIS ISSUE:

1. LARGEST EMPLOYER COMPANIES OF BUSINESS SECTOR IN GEORGIA
2. KARTLI WIND POWER PLANT GENERATED 84,202,860 KWH IN 2018
3. BEEF SHARPLY ROSE IN PRICE, PORK QUICKLY BECOMES CHEAPER
4. PREFERENCES UPON CUSTOMS CLEARANCE OF RIGHT-HAND HYBRID AND ELECTRIC VEHICLES CAN BE CANCELLED

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1. LARGEST EMPLOYER COMPANIES OF BUSINESS SECTOR IN GEORGIA
Companies

The article names largest employer companies of Georgia as of the 4th quarter of 2017.

The largest employer is state-owned Georgian Railway – 12,356 workers.

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2. KARTLI WIND POWER PLANT GENERATED 84,202,860 KWH IN 2018
Energy, Oil & Gas

Electric power, generated by Kartli wind power plant in 2018, made up 84.2 million kWh, the magazine reports. The volume by 102,860 kWh (by 0.01%) exceeds an expected indicator.

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3. BEEF SHARPLY ROSE IN PRICE, PORK QUICKLY BECOMES CHEAPER
Agriculture & Food

The newspaper reports that demand for beef (and, naturally, prices) grew, while pork becomes cheaper.

“Demand for beef is high both on local market and in Asian countries”, veterinarian Mikhail Chichakua says.

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4. PREFERENCES UPON CUSTOMS CLEARANCE OF RIGHT-HAND HYBRID AND ELECTRIC VEHICLES CAN BE CANCELLED
Transport & Communications

Georgian buyers of right-hand hybrid cars, perhaps, will not be able to enjoy preference of 60% upon customs clearance anymore, the newspaper says. The article reports that the preference will be cut to 20%.

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Exchange Rates (NBG)
  01/22/19 + / -
  USD   2.6611   0.0002
  EUR   3.0233   0.0050
  RUR   3.9996   0.0078
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Wish you happy New Year! Let happiness, peace and prosperity be with you and your beloved ones in 2019!

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