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Daily Archives: June 25, 2014

Financial Police Became Interested in “City Park’s” Activity

Investigation Department of the Ministry of Finance will present the conclusion aboutthe legality of the agreement between Tbilisi City Hall and “City Park” about in a month and a half – George Grdzelishvili , head of  the Public Relations Department for the Investigation Service of theGeorgian Ministry of Finance told commersant.ge. He says the investigation, which took more time  due to the large scale, entered its final stage.Grdzelishvili refrains …

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Gov’t in no Hurry to Recalculate Subsistence Minimum

The government has not worked out a new methodology for the calculation of the minimum wage According to Director  of the Economic Policy Experts Centre, the inter-ministerial commission  was set up, but did not start working in this direction. A presentation of a new methodology for the calculation of the minimum wage has …

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Competition Agency Sees No Threat of Monopolies in Georgia

Competition Agency Sees no Threat of Monopolies in Georgia

Almost two months have passed since the  Competition Agency was  established. When will the development of legal acts be completed and when the Agency will begin to take real decisions? The mere fact of the creation of the agency is not sufficient – it must have a legal basis on which it …

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First SPAR Supermarket to Open in Georgia in July

The agreement was signed by Natia Cholokashvili, commercial manager at JSC “Foodmart”,  and David Moore, Spar International’s business development manager. Contract provides complete rebranding of the supermarket chains “Populi” and “Ioli” which are owned by “Foodmart”.  It is about 51 stores throughout Georgia. It is also planned to open new stores. Overall, by 2018 the total …

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Agricultural Strategy – What Areas Should be Prioritized?

An interview with Minister of Agriculture of Georgia Shalva Pipia – What is the effect of the activity of the funds created by the government to support agricultural projects? – Funds are focused on stimulating regions with low economic activity – there are 40 such districts in Georgia. Accordingly, more …

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