Daily News November 30, 2020	Days:  26 27 30 01 02

politics

WITHIN PRAGUE FORMAT, GEORGIAN AND RUSSIAN SIDES DISCUSSED, ALONG WITH OTHER ISSUES, POSSIBILITY OF RENEWAL OF AIR COMMUNICATION

Within the Prague format (informal Russian-Georgian negotiations), online meeting between Georgian Prime Minister’s special envoy in relations with Russia Zurab Abashidze and member of Federation Council of Federal Assembly of Russian Federation Grigory Karasin was held on November 29.

While commenting on the meeting, Abashidze said that “Russian side mentioned subject of air communication’s renewal”.




ECONOMY MINISTER: ISSUE OF PROVISION WITH MEDICAL OXYGEN IS COMPLETELY RESOLVED IN THE COUNTRY

Georgia’s Minister of Economy and Sustainable Development Natia Turnava said that because of COVID-19 pandemic, consumption of medical oxygen in medical institutions of the country increased about 3 times, exceeding now 80 t a day. However, issue of provision with medical oxygen is completely resolved in the country, she assured.

economics

IN TOTAL PREMIUM, ATTRACTED IN 9 MONTHS, 87.8% ACCOUNT FOR 5 TYPES OF INSURANCE

Georgian State Service for Insurance Supervision reported that in total premium, attracted by Georgian insurers in 9 months of this year (513.2 million lari), 5 types of insurance account for 87.8%, or 451 million lari.

Medical insurance is on the first position again – 41.2% of total premium (i.e. 211.3 million lari, year-on-year growth – 16.7%).

business

IN TOTAL REIMBURSEMENTS FOR 9 MONTHS, SHARE OF 5 COMPANIES MADE UP 41%

Georgian State Service for Insurance Supervision reported that in total reimbursements of Georgian insurers for 9 months of this year (433.2 million lari), 5 companies account for 41%, or 177.7 million lari.

Aldagi is on the first position, accounting for 10.9% of total volume (i.e. for 47.3 million lari, year-on-year growth – 2.3 times).




“WISSOL PETROLEUM GEORGIA” FINISHED 2019 WITH PROFIT

LLC Wissol Petroleum Georgia reported profit of 30.3 million lari for 2019. According to audited report of this Georgian oil-products retailer, it had loss of 39.9 million lari in 2018.




IN 2019, LOSS OF “GALLERIA TBILISI” INCREASED 6.4 TIMES

LLC Galleria Tbilisi reported loss of 5.08 million lari for 2019. According to audited report of this shopping center on Rustaveli Avenue in Georgian capital, the volume has increased 6.4 times year-on-year.




IN 2019, LOSS OF “EAST POINT” INCREASED BY 88.9%

LLC CBD Development (Tbilisi shopping center East Point) reported loss of 34.6 million lari for 2019. According to report of the company, the volume has increased by 88.9% year-on-year.




IN 2019, PROFIT OF “TBILISI CENTRAL” REDUCED 3 TIMES

JSC Tbilisi Central reported net profit of 2.08 million lari for 2019. According to audited report of this shopping center on territory of Tbilisi railway station, the volume has decreased 3 times year-on-year.