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Daily Archives: September 4, 2017

Pekini Avenue Traffic Regulations and Possible Underground Parking

Roads of Bulachauri st. to the direction of Tsintsadze st. will be closed on September 5, from 8AM to 10PM, -said Givi Kublashvili, Head of Municipal Service Department of Tbilisi City Hall to Business Course. From 10:00 am till 6 September morning, motorway will be closed from Tsintsadze street to Mirotadze …

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Internet Connection Arranged in 80% of Tusheti Settlements

“Internet connection has been arranged in 80% of settlements in Tusheti”, Ucha Seturidze, head of Association of Small and Medium Telecommunication Operators and representative of LEPL Tusheti Development Fund, told Business Course. Tusheti internetization projects will be finished soon. Four central and 3 auxiliary antennas have been installed. As a …

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Infrastructure Companies Getting Ready for New Market Regulations

Starting October 1, 2017,  infrastructure companies are obliged to submit audited financial reports. Under new regulations, companies will be requested to submit a yearlong audited financial report for participating in infrastructural tenders. New qualification requirements will refer to all tenders of more than 1mln GEL value announced by Ministry of …

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Economic Growth Pace Declines – GDP Growth Shrank by 3.8% in July

According to preliminary estimations, in July 2017, as compared to the same period of 2016, real GDP growth pace made up 3.8%, while in January-July 2017 the averaged real growth constituted 4.4%. It should be noted that this year the Government expects economic growth to mark 4%. «Starting January 2012 …

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