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Tag Archives: Archil Gachechiladze

BGEO Starts Construction of Power Plants in Svaneti and Guria

More Lari Appreciation is not a Good Idea, NBG should Purchase More USD

BGEO Group starts construction of power plants in Svaneti and Guria. Representative of Georgia Global Utilities Archil Gachechildze told TV Pirveli that 50 and 57 MW capacity plants are underway in MestiaTchala and Guria respectively. Apart from Communal business the group is also working on renewable energy business for IPO. …

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GGU is Preparing for the London Stock Exchange

GGU is Preparing for the London Stock Exchange

Georgian Global Utility (GGU), owner of water and wastewater service providers in Tbilisi, Rustavi and Mtskheta, is actively preparing for the London Stock Exchange. The company declares that negotiations are held with investors, different funds, international finance institutions, as well as potential clients. The first IPO of the shares at …

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Archil Gachechiladze to Prepare IPO of GGU’ Shares

Archil Gachechiladze to Prepare IPO of GGU’ Shares

BGEO is preparing for IPO of another company. Now, the matter concerns to Georgia Global Utilities, which holds utility and energy assets in Georgia, including Georgian Water and Power, Rustavi Water and Mtskheta Water. IPO of company’s shares is planned in 2-3 years and Archil Gachechiladze, investment banker will head …

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Significant Changes Take Place in the Structure of BGEO

Significant Changes Take Place in the Structure of BGEO

BGEO Group PLC (the “Group” or “BGEO”), announces a key Group management appointment and key management appointments and a refreshed business unit structure at JSC Bank of Georgia (“BoG” or the “Bank”). Archil Gachechiladze will be appointed CEO of Georgia Global Utilities (“GGU”), the utilities and energy business of the …

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There Are all Circumstances for the Stability of Georgian Currency

There are no dangers for the inflation of Georgian currency, according to the investment banker, Archil Gachechiladze. The head of G&T’s observational council talked about the improvement of fundamental factors, the growth of tourism, cessation of drop in export and the increase of the import. According to Archil Gachechiladze, whether …

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Galt&Taggart Submits Higher Economic Growth Forecasts than IMF

Galt&Taggart Submits Higher Economic Growth Forecasts than IMF

Galt&Taggart has announced more optimistic economic growth forecasts as compared to the International Monetary Fund (IMF). Archil Gachechiladze, Head of the investment bank supervisory board, told the Business Contract that the Georgian economy is influenced by regional tendencies and largely depends on neighboring countries, Turkey and Russia, as their shocks …

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Window To The World’s Financial Markets

Window To The World's Financial Markets

As a child, Archil Gachechiladze, Chairman of the Supervisory Board of Galt & Taggart Investment Bank, dreamed of driving a construction truck. He believed that majestic vehicle was the biggest of them all. As it turned out, he failed to realize his childhood dream, but now he sits at the …

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Securites Market Awakens In Georgia

securities

Georgian companies have started issuing securities. The companies lobbied by Bank of Georgia are very active in this direction – M2 development company, Georgian Water and Power. Galt&Taggarts, a Bank of Georgia subsidiary, has placed bonds of the mentioned companies at the stock exchange. FINCA Bank has also issued bonds. …

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