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Daily Archives: October 16, 2017

Tbilisi Economic Development in Figures

Georgia is getting ready for local self-government elections. Like the regions of Georgia, pre-election process  continues in the capital city too. Since Tbilisi occupies a leading position in the state economy, it is of crucial importance who will be elected as Tbilisi Mayor. Taking into account key problems in the …

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European Financial Group Purchases 74.64% Shares of Liberty Bank

JSC Liberty Bank (the “Bank”) announced today a change of control, whereby European Financial Group B.V. (“EFG”), a company established and organised under the laws of the Kingdom of Netherlands, purchased 74.64% of equity interest in the Bank. The ultimate beneficial owners of the Bank are Irakli Rukhadze (US Citizen), …

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