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Economic Press Monitor


September 11, 2019

IN THIS ISSUE:

1. “TBC”: TOURISM REGAINS POSITIVE DYNAMICS, NUMBER OF TRAVELERS IN AUGUST INCREASED BY 7.4%
2. WHAT PROPERTY THE PREMIER GIORGI GAKHARIA OWNS
3. APARTMENTS OF CONSTRUCTION COMPANY “SVETI” WILL BE FINISHED BY “M2 –” KALADZE

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1. “TBC”: TOURISM REGAINS POSITIVE DYNAMICS, NUMBER OF TRAVELERS IN AUGUST INCREASED BY 7.4%
Tourism

Referring to TBC Research, the magazine reports that number of international travelers, arrived to Georgia from July 8 to August 4, exceeds by 2% the showing for the same period of last year. Year-on-year growth for the period from August 5 to September 1 made up 7.4%.

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2. WHAT PROPERTY THE PREMIER GIORGI GAKHARIA OWNS
Economic & Politics

According to property declaration for 2013, Giorgi Gakharia (appointed recently as Georgian Prime Minister) owned the Russia-founded company Koxta and apartment in Moscow district.

According to the declaration for 2016, Gakharia’s spouse sold her land plot on Mazniashvili Street in Tbilisi for 720,000 lari.

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3. APARTMENTS OF CONSTRUCTION COMPANY “SVETI” WILL BE FINISHED BY “M2 –” KALADZE
Construction

Tbilisi Mayor Kakha Kaladze declared that construction projects, started, but not accomplished, by company Sveti (Pillar), will be finished by m2 company. He noted that m2 will finish these projects during 3 years.

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Exchange Rates (NBG)
  02/27/20 + / -
  USD   2.8042   0.0114
  EUR   3.0686   0.0303
  RUR   4.2697   0.0119
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