Daily News August 1, 2017	Days:  28 31 01 02 03

politics

THE US VICE PRESIDENT: WE CONSIDER GEORGIA AS ESSENTIAL STRATEGIC PARTNER

“We consider Georgia as essential strategic partner”, declared the US Vice President Mike Pence, who pays official visit to Georgia.

“We respect its [Georgia’s] territorial integrity and aspiration to membership in NATO”, Pence said at the meeting with Georgia’s Prime Minister Giorgi Kvirikashvili today (quotation is provided according to report of Georgian government’s administration).

economics

NBG PURCHASED $20M AGAIN

National Bank of Georgia (NBG) declared about purchase of $20 million at the currency auction today.

Average weighted rate made up 2.3953 GEL/USD.




AJARA GOVERNMENT: ACTIVE PRIVATIZATION STARTS IN GODERDZI RESORT

The government of Ajara declared that process of active privatization starts in alpine resort Goderdzi. As the government pointed, there are already concrete investment proposals.

business

“ANAKLIA DEVELOPMENT CONSORTIUM”: AMERICAN “SSA MARINE” BECAME OPERATOR AND ONE OF INVESTORS OF ANAKLIA PORT

Today, agreement with the US company SSA Marine, which was selected as terminal’s operator of the deep-water port Anaklia, was signed in Tbilisi.

SSA Marine became operator of the port’s terminal for a period of 20 years and one of investors of the port, Anaklia Development Consortium declared.




“GWP” TO GET LONG-TERM FUNDING OF 21.5M EUR FROM EIB

European Investment Bank (EIB) will allocate long-term credit of 21.5 million EUR to GWP (Georgian Water&Power, water and sewerage company of Tbilisi). Agreement on this financing was signed on July 31, Georgian company reported.




DURING NEXT 10 YEARS, SYSTEM OF FEE PAYMENT IN TBILISI PUBLIC TRANSPORT WILL PROVIDE “SAKARTVELOS BANKI” AGAIN

Sakartvelos Banki (Bank of Georgia) won the auction, announced by Tbilisi City Hall for modernization of system of fee payment in the city public transport. As the bank said, volume of its financial offer made up 22.2 million lari.




“STANDARD INSURANCE GEORGIA” ACQUIRED BY “MERCURY EUROPE HOLDINGS”

According to Standard Insurance Georgia, this insurance company was acquired by Mercury Europe Holdings (Luxembourg).

Report of the company indicates that its former owner, Azeri JSC Standard Insurance Baku, has sold own stake of 100% to Mercury Europe Holdings on December 23, 2016.




“CARTU INSURANCE” HAD LOSS OF 1.93M LARI IN 2016

Cartu Insurance reported loss of 1.93 million lari for 2016, against of profit of 6,116 lari in 2015.

In the end of 2016, share capital of the company was increased by 2.5 million lari at the expense of cash contribution and amounted to 7.17 million lari.