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Daily News

March 14, 2017

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politics

    THE PREMIER ESTIMATES BATUMI EVENTS AS PROVOCATION AGAINST STATE STABILITY

    At the government meeting today, Prime Minister Giorgi Kvirikashvili once again commented on recent events in Batumi (night disorder of March 10-11), estimating them as provocation against stability of the state.

    “Investigation in underway, no one should get by with this heinous provocation that obviously seems premeditated”, the Premier said.


    THE PARLIAMENT CONSIDERS DRAFT ENVIRONMENTAL ESTIMATION CODE

    Environmental Protection and Natural Resources Committee of the Parliament considered draft Environmental Estimation Code in first reading today. The document, work on which had started 2 years ago, was presented by Deputy Minister of Environment and Natural Resources Protection Maia Bitadze.


economics

    ALIENATION OF STATE LLC “MECHANIZATORI” IS PLANNED

    Paata Shekiladze, director of the state-owned LLC Mechanizatori, declared that current agenda includes alienation of fixed assets and structural reorganization.

    Process of alienation will start in spring and will continue in next year as well, Shekiladze said.


    ENERGY MINISTER TO MEET REPRESENTATIVES OF “INTERRAO” IN BELARUS

    Georgia’s Energy Minister Kakha Kaladze has departed for Belarus. As the Energy Ministry said, the Minister will meet within the visit with representatives of InterRAO.


    THE PREMIER’S INITIATIVE: TO BUILD CONFERENCE CENTER AT THE HIGHEST POINT OF GUDAURI

    At the government’s meeting today, Prime Minister Giorgi Kvirikashvili put forward an initiative to build a conference center at one of the highest points of cableway in Gudauri ski resort, which will have a full panoramic view.

    The center project will be implemented, based on European examples, the Premier declared.


business

    RUSSIAN “NORDAVIA” TO LAUNCH FLIGHTS TO GEORGIA

    Russian air company Nordavia plans to start direct flights from Saint Petersburg to Tbilisi and Batumi airports, Georgian Airports Association announced.

    Flights to Tbilisi will be made twice a week (on Mondays and Fridays), while to Batumi – once a week (on Saturdays).


    “SAKARTVELOS BANKI”: SINCE APRIL 2015, NUMBER OF “SOLO” CLIENTS RAISED BY 132.6%

    Sakartvelos Banki (Bank of Georgia) reported that as of December 31, 2016, number of clients of its service Solo (personal banking) made up 19,267. Since April 2015, when we launched Solo in its current format, its client base has increased by 132.6%, the bank noted.


    ASSETS UNDER MANAGEMENT OF “SAKARTVELOS BANKI” INCREASED IN VALUE BY 15.9% IN 2016

    Sakartvelos Banki (Bank of Georgia) reported that as of December 31, 2016, value of assets under management (AUM) amounted to 1.59 billion lari. If compared with the same period of 2015, the volume has increased by 15.9%.


    “SAKARTVELOS BANKI” TO PAY DIVIDENDS OF 2.6 LARI PER SHARE

    Sakartvelos Banki (Bank of Georgia) reported that its board is going to recommend annual shareholders’ meeting of 2017 to pay annual regular dividend for 2016 of 2.6 lari per share. Dividends will be paid in British pounds sterling at the prevailing rate.


    “GEORGIAN BEER COMPANY” STARTED NATURAL JUICE PRODUCTION

    Within “Produce in Georgia” state program, JSC Georgian Beer Company stared production of natural juice. As Economy and Sustainable Development Ministry noted, the juice under brand Chero is produced by aseptic technology.


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