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Economic Press Monitor


May 25, 2018

IN THIS ISSUE:

1. NEW TRADING PLATFORM WILL BE INTRODUCED ON THE STOCK EXCHANGE UNTIL END OF THE YEAR
2. FLOODED “ENGURHES”
3. TBILISI SAKREBULO RENAMED ROSE REVOLUTION SQUARE

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1. NEW TRADING PLATFORM WILL BE INTRODUCED ON THE STOCK EXCHANGE UNTIL END OF THE YEAR
Companies

On Georgian Stock Exchange, system of securities’ settlement will be renewed until end of the year, the magazine reports. Introduction of the main part of system is planned until end of 2018.

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2. FLOODED “ENGURHES”
Energy, Oil & Gas

Accident happened at EngurHES this night, the first floor of the machine hall is flooded at 20 cm, Tabula reports.

According to technical director of EngurHES Gia Khubua, the possible reason is damage of turbine water supply system, because of what the main units of hydroelectric station are completely stopped.

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3. TBILISI SAKREBULO RENAMED ROSE REVOLUTION SQUARE
Economic & Politics

Tbilisi Sakrebulo (city council) renamed Rose Revolution Square into First Democratic Republic Square, Tabula reports. The decision was made at the meeting of Sakrebulo on May 25 and was supported by 30 deputies.

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Exchange Rates (NBG)
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