N264 (93) Thursday, June 16th, 2005
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Economy
Mariam Jatchvadze
Borjomi Waters Mark First Transnational Company Bearing Georgian ‘Passport’
An unprecedented event was recently detected in the Georgian business sector. The Georgian Glass and Mineral Water Company along with two Ukrainian companies established a holding company, with which GG&MW . . .
Economy
Mariam Jatchvadze
Self-Proclaimed Abkhazian Government Hopeful of New Budget
The Cabinet of the self-proclaimed Republic of Abkhazia has just approved the 2005 state budget. The budget draft, which will be sent to the separatist parliament for review and approval . . .
Society
Mariam Jatchvadze
Birds of Feather Flock Together: New High Class Neighborhood in Tbilisi
President Edward Shevardnadze will be remember in new ways. By the year 2013, there will be a new neighborhood in town that will be inhabited by an interesting cross section . . .
Economy
Mariam Jatchvadze
Small Licensees Enter Energy Wholesale Market
Small Georgian companies are back in the electric energy market. At the latest session of the Wholesale Market Executive Council, it was decided unanimously that Joint Stock Company Gorgota, Patara . . .
Economy
Mariam Jatchvadze
State Energy Regulatory Committee Holds Firm to Decisions, Legally or Otherwise Pressure on “small licensees” still mounts
Energy regulation state committee continues to apply pressure on energy distribution companies, especially the so-called “small licensees”. For now, the ERSC demands the execution of its previously passed decision, which . . .
Economy
Mariam Jatchvadze
Privatization Press Conferences
The Ministry of Economic Development will hold its next auction on March 1, 2005. A week prior to the auction the ministry will arrange a presentation for the five facilities . . .
Economy
Mariam Jatchvadze
Reducing Wheat and Flour Smuggling – Recommendations
According to the evaluations of the wheat production and bakery association Global Agro, over 35% of flour imported to Georgia is smuggled. The only way out of this situation, the . . .
Economy
Mariam Jatchvadze
Contraband Flour Hinders Realization of American and Georgian Wheat
The wheat processing industry” in Georgia is in crisis – the reason of such conclusion are the results of the trade held on the grain and oil product exchange. This . . .
Economy
Mariam Jatchvadze
Economic Ministry Expects 2 Million at March 17 Bid
The Economic Development Ministry is planning another auction on March 17. Just one week ago, the Ministry presented the properties to be auctioned. 65% of the auction revenue will go . . .
Economy
Mariam Jatchvadze
Financial Violations Discovered by Control Chamber
The amount of financial violations discovered by the Control Chamber at the state structures equals several million GEL for the time being. At three organizations combined – Georgian Railways Ltd, . . .
Economy
Mariam Jatchvadze
Britons Acquire Bank in Georgia
Foreign banks continue to enter the Georgian banking sector. This time large British investors have become interested in one of Georgia’s banks. . . .
Economy
Mariam Jatchvadze
Georgian-Iranian Business Perspectives
A delegation of about 20 Iranian businessmen led by Iranian Vice-President Mohammad-Reza Aref has been in Georgia for several days already. On April 25, the Ambassador Hotel hosted a large . . .
Economy
Mariam Jatchvadze
Kyrgyzstan Banks Active on Abkhazian Soil
24 Saati (Hours) has already written about the illegal activities Russian commercial banks in Abkhazia, but now it has emerged that Kyrgyz commercial banks have also penetrated the separatist region. . . .
Politics
Mariam Jatchvadze
Quality Georgian Wines, Tackling Wine Falsification
Next week a joint taskforce between the Georgian Ministry of Agriculture and the financial police will launch a series of joint raids at markets and supermarkets as part of a . . .
Economy
Mariam Jatchvadze
Criticism on the Licensing Law Draft
Despite the fact that most of economic experts hailed draft law on Licensing and Permits, they also point to number of stipulations that “allow different interpretations.” Moreover, the experts say, . . .