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Daily News

September 25, 2017

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politics

    PROGRAM ON ASSISTANCE TO LAND BORDER MANAGEMENT FINISHED

    Presentation of results of the 3-year program (2014-2017) on assistance to management of land border between Azerbaijan and Georgia was held in Tbilisi today, representation of the UN Development Program (UNDP) in Georgia reported.

    The program worth 5 million EUR was implemented through financing of the EU and with assistance of UNDP.


economics

    ECONOMY MINISTRY: “FITCH” EXPECTS IN GEORGIA ECONOMIC GROWTH OF 4.5% IN 2017

    Fitch Ratings forecasts economic growth in Georgia to make up 4.5% in 2017, Ministry of Economy and Sustainable Development reported. The agency has the same forecast for next 2 years also.


    IN OCTOBER, TBILISI TO HOST FIRST INTERNATIONAL BUSINESS FORUM “BUY GEORGIAN”

    First international business forum “Buy Georgian” will take place in Tbilisi on October 10, initiator and organizer of the event Kar.Ge reported.

    As organizers noted, the event is sponsored by about 50 local producers.


business

    OFFERS FOR GAS STORAGE PROJECT PRESENTED BY 14 COMPANIES

    Georgia Oil and Gas Corporation declared that offers, submitted within prequalification stage of open international tender on engineering, procurement, installation and commissioning (EPIC) of underground gas storage, are publicly open. In total, offers have submitted 14 companies out of 55 ones, which passed registration.


    AGRICULTURE MINISTRY: POSSIBILITY OF PRODUCTION OF SEEDS OF CEREAL CROPS IS DISCUSSED WITH FRENCH “AXEREAL”

    Agriculture Ministry declared that meeting with representative of French company Axereal was held.

    At the meeting, possibility of production in Georgia of seeds of cereal crops and development of bio-production in poultry farming were discussed, the Ministry said.


    “SAKARTVELOS BANKI”: NEW APPOINTMENTS HELD IN MANAGEMENT

    Sakartvelos Banki (Bank of Georgia) and BGEO investment group declared today about new appointments, held in their management. The appointments will come in effect after their approval by National Bank of Georgia.


    DUE TO EXPIRATION OF MATURITY, BONDS OF “GEORGIAN LEASING COMPANY” ARE WITHDRAWN FROM STOCK-EXCHANGE TRADES

    Georgian Stock Exchange declared that bonds of LLC Georgian Leasing Company (affiliated structure of Sakartvelos Banki (Bank of Georgia)) were delisting and withdrawn from stock-exchange trades recently. As the reason, expiration of maturity was named.


society

    GYLA: “TBILSERVICE GROUP” SHOULD NOT GET CONSENT ON SIMPLIFIED PROCUREMENTS

    Georgian Young Lawyers Association (GYLA) declared that Tbilisi municipal LLS Tbilservice Group should not get consent on conducting state procurements in simplified way.

    “Existing practice, when procuring organizations conduct simplified procurements for such measures, which dates are known long beforehand, must be surely stopped”, the organization pointed.


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