Search Results

1. MINISTERS OF ECONOMIC BLOCK CHANGED IN NEW CABINET
   (Daily News: November 22, 2016)

   Georgia’s acting Prime Minister Giorgi Kvirikashvili has presented members of new Cabinet today.

   New composition of the government and the governmental program for 2016-2020, named “Freedom, Rapid Development and Prosperity”, have been submitted to the Parliament, administration of the government announced.

2. ECONOMY MINISTRY: “ZN INNOVATION GEORGIA” TO BUILD PLASTIC MANUFACTURING PLANT IN GARDABANI
   (Daily News: November 18, 2016)

   Ministry of Economy and Sustainable Development declared that LLC ZN Innovation Georgia will build plastic producing plant in Gardabani municipality. For that end, National Agency of State Property handed over land plot of 8,816 square m with 7 buildings in Vaziani settlement in Martkopi to the LLC within “Produce in Georgia” state program (i.e. for symbolic price).

3. Tabula: “KUMSISHVILI ON DE-DOLLARIZATION: I WILL NOT SAY REGULATION, THIS IS NOT A GOOD WORD FOR BUSINESS”
   (Economic Press Monitor: November 18, 2016)

   The government plans introduction of market changes, which are targeting de-dollarization, the magazine says.

   Economy and Sustainable Development Minister Dimitri Kumsishvili says that the government developed 10-point plan for de-dollarization, which should lead to growth of loans, issued in lari.

4. GEORGIA NOMINATED OWN CANDIDATE ON THE POST OF UNWTO SECRETARY GENERAL
   (Daily News: November 15, 2016)

   Georgian government announced about nomination of Zurab Pololikashvili on the post of Secretary General of the UN World Tourism Organization (UNWTO).

   As the government stressed, “This is first time, when Georgia presents own candidacy on such a high-ranking position in international organization”.

5. Rezonansi: “TBILISI CAN NO LONGER ACCOMMODATE SO MANY PEOPLE!”
   (Economic Press Monitor: November 8, 2016)

   One third of Georgia’s population lives in Tbilisi, the newspaper reports and notes that there are 7 such states in Europe and two of them are in South Caucasus (the second is Armenia).

   According to UN forecast, only 29% of Georgian population will live in rural areas by 2050, which means that up to 1 million people will additionally move to cities, the article points.

6. THE GOVERNMENT: AGREEMENTS REACHED ON EXPORT GROWTH FROM GEORGIA TO RUSSIA, AS WELL AS IN TERMS OF TRANSPORTATIONS’ GROWTH
   (Daily News: October 20, 2016)

   Georgian government declared that “Concrete agreements have been reached on growth of export from Georgia to Russian market, as well as on transportations’ growth”.

   The mentioned issues were discussed at the meeting of Zurab Abashidze, Georgian Prime Minister’s envoy for relations with Russia, and Grigory Karasin, Deputy Foreign Minister of Russia, held within Georgian-Russian informal dialogue yesterday.

7. Netgazeti.Ge: “HALF A MILLION AS BURCHULADZE’S SALARY – DID THE AUDIT GET INFORMATION ILLEGALLY?”
   (Economic Press Monitor: October 6, 2016)

   State Audit Service spread information that Paata Burchuladze (prominent Georgian opera singer, charity-giver and leader of one of major political parties) received 500,000 lari as salary from Georgia’s Development Fund. As the Service told the newspaper, Burchuladze has received that sum in the period from the Fund foundation and before establishment of the party (i.e. November 2015 – May 2016).

8. Tabula: “WHAT GLOBAL BUDGETING IS AND WHAT RISKS FOR HEALTHCARE SYSTEM DOES IT POSE”
   (Economic Press Monitor: September 26, 2016)

   Election program of Georgian Dream points that in case of win, structure of hospitals’ funding will be changed and shifted to so-called global budgeting, the magazine points. Current system of hospitals’ funding is based on patients’ demands and is variable.

9. Rezonansi: “IVANISHVILI AND BUSINESSMEN – WHAT WAS GOING BEHIND THE CLOSED DOOR”
   (Economic Press Monitor: September 26, 2016)

   Ex-premier Bidzina Ivanishvili “held meeting with businessmen 2 weeks before the elections and actually asked them to join pre-election campaign and conduct agitation in favor of [Georgian] Dream”, the newspaper reports.

   At that, “none of businessmen has regarded form and content of the ex-premier’s statements as unacceptable, on the contrary, upon leaving the meeting, they said that there was serious and honest dialogue”, the article states.

10. “TI GEORGIA”: VIOLATIONS PERSIST IN PROPERTY DECLARATIONS FOR 2015-2016
    (Daily News: September 12, 2016)

    TI Georgia, Georgian branch of Transparency International, said that analysis of property declarations for 2015-2016 shows that “violations still persist on both central and local levels of authority”.

    While pointing that incomplete and inaccurate filling of declarations are associated with risks of corruption, the organization called officials to pay more attention to accuracy of data.

11. Rezonansi: “MINIMAL SUM ENTERS THE BUDGET FROM GAMBLING BUSINESS”
    (Economic Press Monitor: August 16, 2016)

    According to Revenue Service, gambling business paid 52.65 million lari to the budget in 2011, up to 52.77 million – in 2012, 54.12 million lari – in 2013, 63.14 million lari – in 2014, up to 66.49 million lari – 2015.

    Gambling business is mainly subjected to payment of dues and biggest sum in this term is mobilized from fees, imposed on slot machines, the newspaper notes.

12. JSC “SARAJISHVILI” HAD PROFIT OF 2.9M LARI IN 2015
    (Daily News: August 15, 2016)

    JSC Sarajishvili (alcoholic beverages) reported profit of 2.9 million lari for 2015. Holders of stakes of up to 0.1% (12,706 shares overall) will get dividend per share of 1.60 lari (20,330 lari in total).

13. MEDICAL INSURANCE OCCUPIES 61.2% IN PORTFOLIO OF “ARDI INSURANCE”
    (Daily News: August 15, 2016)

    State Service for Insurance Supervision reported that in total premium, attracted by Ardi Insurance in the 1^st quarter, share of medical (health) insurance makes up 61.2% (4.92 million lari). If compared with the same period of 2015, medical insurance premium of the company has increased by 6.1%.

14. PROSECUTOR’S OFFICE: CHAIR OF CONDOMINIUM “TABUKASHVILI-88” DETAINED
    (Daily News: August 10, 2016)

    Main Prosecutor’s Office reported about arrest of Zurab Tabukashvili, chair of Tbilisi condominium Tabukashvili-88, being authorized by ruling of Tbilisi city court. Tabukashvili is charged in misappropriation and misuse of large volume of real estate, being under other persons’ ownership.

15. NEW CABINET APPROVED IN AJARA AUTONOMY
    (Daily News: July 18, 2016)

    Supreme Council of Ajara has approved new Cabinet today. As the government of autonomous republic mentioned, all four candidates, of which two are new faces, were presented by new head of the government of Ajara Zurab Pataradze.

16. Bankebi da Finansebi: “WHAT MERGER OF “BASISBANK” AND “REPUBLIC” WILL CHANGE ON BANKING MARKET”
    (Economic Press Monitor: July 14, 2016)

    Chinese Hualing Group decided to buy major stack in bank Republic of French Societe Generale and to merge it with Basisbank.

    Within the mentioned deal, Hualing Group cooperates with Shanghai investment management company Tuhong International (financial adviser), KPMG (financial and tax consultant) and Georgian legal company BLF (legal adviser), the article reports.

17. Eugeorgia.Info: “DUTCH RESEARCH INSTITUTE – IN EU, DEMAND FOR PEPPER IS RAISING”
    (Economic Press Monitor: July 12, 2016)

    Dutch research institute CBI reports that EU pepper market offers great opportunities to developing countries.

    In 2014, pepper import to Europe made up 63,000 t worth 386 million EUR, of which 99% was delivered from developing countries.

18. EX-MINISTER OF HEALTHCARE: HEALTHCARE MINISTRY’S INDEBTEDNESS TO HOSPITALS INCREASES WITH GROWING PACE
    (Daily News: July 11, 2016)

    Zurab Chiaberashvili, ex-minister of healthcare and Sagarejo majoritarian candidate of United National Movement, declared that Healthcare Ministry’s arrears to hospitals are increasing with growing pace.

    “As in 2014 and 2015, universal healthcare program budget of this year is deficient also and it will need addition of at least 75-80 million lari until end of the year”, Chiaberashvili forecasted, noting: “This does not mean still that debts to hospitals will be fully repaid”.

19. The Financial: “LOGISTICS SECTOR IN GEORGIA IN SEARCH OF ITS OWN ARCHITECT”
    (Economic Press Monitor: July 11, 2016)

    Georgia is often referred as the transit country with potential to become the logistics hub for the Caucasus region, the newspaper says.

    Zurab Sapanadze, development and project manager at DHL, considers that “Georgia has unexploited logistics potential”.

20. Kviris Palitra: “LARI RATE “JUMPS LIKE A SQUIRREL” AND MAKES “FINANCIAL CHIN-UPS””
    (Economic Press Monitor: June 27, 2016)

    Over the past week, national currency has devalued against the US dollar by 16 points, the newspaper says.

    In this connection, the article brings comments of experts David Aslanishvili and Nodar Kapanadze, as well as analyst of Young Financiers and Businessmen’s Association Zurab Kukuladze.

Pages:

1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20