THE GOVERNMENT: “GEORGIAN STATE ELECTROSYSTEM” IS EXPECTED TO LEAVE REHABILITATION MODE IN Q4

Georgian government expects that state-owned JSC Georgian State Electrosystem will leave the rehabilitation mode in the 4^th quarter.

As the government said in the state-owned companies’ performance review, which was accompanied to draft of the country’s state budget-2021, submitted to the Parliament, Georgian State Electrosystem finished 2019 with net profit of 30 million lari, which volume has decreased by 36% year-on-year.