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Economic Press Monitor


November 30, 2020

IN THIS ISSUE:

1. HOW ECONOMY HAS TO AVOID TOTAL “KNOCK-DOWN”?
2. WHAT IS FREIGHT TURNOVER OF BATUMI PORT IN THE CONDITIONS OF PANDEMIC?
3. “ENKA RENEWABLES” COMPANY RELEASES SPECIAL STATEMENT
4. IN POTI FIZ, PRODUCTION OF HELMETS AND ALPINE SKIING MASKS WILL START

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1. HOW ECONOMY HAS TO AVOID TOTAL “KNOCK-DOWN”?
Economic & Politics

In a year, Georgia has to live already for the second time with strict regulations, so financial losses can reach tens and hundreds of millions, the newspaper points. The article brings comments of several experts in connection with new restrictions because of COVID-19.

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2. WHAT IS FREIGHT TURNOVER OF BATUMI PORT IN THE CONDITIONS OF PANDEMIC?
Transport & Communications

Meiramkhan Adylkhanov, director general of Batumi port, says that the port operates without interruptions even in the period of global pandemic of COVID-19. In 6 months of this year, freight turnover of the port exceeded indicator of the same period of 2019 by 37%, he reports.

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3. “ENKA RENEWABLES” COMPANY RELEASES SPECIAL STATEMENT
Companies

ENKA Renewables, which implements in Georgia project of Namakhvani series of hydroelectric stations, assures that lower dam of the series will be the safest one in Georgia.

“Speculations in connection with safety of the dam, possibility of flooding, climate change, geological and other issues are based neither on scientific studying, nor on other researches”, statement of the company reads (which the newspaper publishes in its entirety).

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4. IN POTI FIZ, PRODUCTION OF HELMETS AND ALPINE SKIING MASKS WILL START
Companies

Fargini company will launch in Poti free industrial zone (FIZ) production of helmets and masks for alpine skiing and other purpose, the newspaper reports. Investments in the project amount to about 1.5 million lari.

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