Economic Press Monitor
July 8, 2022
IN THIS ISSUE:
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| 1. |
IVANISHVILI THINKS THAT ACTION OF “CREDIT SUISSE” IS CONNECTED WITH GEORGIAN POLITICS
Economic & Politics
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MKD law firm reported that on July 5, Bidzina Ivanishvili (billionaire founder of the ruling Georgian Dream) received a letter from the Credit Suisse, which refers to a resolution of the European Parliament calling on the European Council to consider imposition of sanctions against him. The bank said that the resolution stipulated regulatory obligations on the part of the bank, and the bank’s trust will not be able to carry out its actions without consent of the court.
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| 2. |
INTERNATIONAL ENERGY EXPERT: GEORGIA IS READY FOR AN HOURLY MARKET
Energy, Oil & Gas
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Tron Engebrethsen, new directors’ board member at Adjaristskali Georgia / ShuakheviHES, notes that “opening of the energy market in all countries was a political, not a sectoral change”. Engebrethsen, who has been working in the energy sector for over 40 years, was a senior vice president of the Norwegian Statkraft.
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“RADISSON HOTEL GROUP” EXPANDS ITS SCALE IN GEORGIA – THE COMPANY SIGNED AGREEMENT ON CONSTRUCTION OF “RADISSON BLU RESORT&RESIDENCES BATUMI, GONIO” JOINTLY WITH “NEXT GROUP”
Companies
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Radisson Hotel Group declared about signing of agreement with the Next Group, through which its portfolio in Georgia has increased up to 9 hotels. Radisson Blu Resort&Residences Batumi, Gonio will be open in the 1st quarter of 2026.
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