Home / Tag Archives: Georgian Railway

Tag Archives: Georgian Railway

Georgian Railway Held Conference to Promote Lean Six Sigma Methodology

13615244_1029875627120298_6317497882747751459_n-e1471603386968

Georgian Railway held conference in the frame of promoting establishment of Lean Six Sigma methodology and organized a celebration of delivering certificates to the staff of engineers. The main essence of Lean Six Sigma methodology is to improve the quality of the product, minimize defects and decrease standard deviation.  In …

Read More »

Georgian Railway Modernization to Complete in November 2019

rw_001

Georgian Railway modernization project will be completed in November, 2019. Infrastructure Depute Director, Akaki Sagirashvili talked about the topic with BusinessContract. “Modernization project is one of the most significant initiatives in our country.  This includes complete rehabilitation of Khashuri-Zestaponi Railway and construction of 14km-long tunnel for new railway and 8km-long …

Read More »

Driving of a Rail Road will cost 5 mln GEL near Kutaisi Airport

Driving of a Rail Road will cost 5 mln GEL near Kutaisi Airport

Georgian Railway is preparing for launch of one of the important projects. Time counting has already begun, and a new railway station will be opened in Kutaisi Airport within a year. “The estimated value of the project is over 5 million GEL, however the sum will be allocated by the …

Read More »

Mamuka Bakhtadze: Georgian Railway Bonds Have one of the Best Periods

mamukabaxtaze-cr-739x428

“Despite the hard conditions in the regions, investors positively estimate Georgian Railway and Georgian economy”, – Mamuka Bakhtadze, general director of Georgian Railway declares and makes a note on the trend fixed on the securities of the company.  CEO, one of the largest shipping companies of the country says, that …

Read More »

Georgian Railway to Allocate 0.5 million GEL to National Basketball Federation

Georgian Railway to Allocate 0.5 million GEL to National Basketball Federation

Georgian Railway and Georgian National Basketball Federation have agreed to continue cooperation. Sponsorship agreement of 0.5 million GEL was signed by Georgian Railway director general Mamuka Bakhtadze and Georgian National Basketball Federation president Mikheil Gabrichidze at Olympic Palace. “This is an important decision for preparation of the national team for …

Read More »

Rail Freight Turnover Declined by 17 Percent in Georgian Corridor

Rail Freight Turnover Declined by 17 Percent in Georgian Corridor

“Georgian Railway” has announced on transportation of 8, 92 mln t freight through 9 months. Fright turnover is diminished by 16, 9% y-o-y. According to the biggest shipping company, local fright of 1,548 mln t has been transported through January-September, while 708 555 t has been exporting cargo, 1, 96 …

Read More »

Sulaberidze: Cargo Volume form China Will be a Big Surprise by the Next Year

Sulaberidze: Cargo Volume form China Will be a Big Surprise by the Next Year

Fitch’s assessment is relevant, – Levan Sulaberidze, head of “Trans Caucasus Terminal”, subsidiary company of “Georgian Railway”, responds so placement of Georgian Railways JSC’s of ‘BB-‘ on Rating Watch Negative. Sulaberidze noted with TV-company Maestro, that reduction of cargo turnover is caused by ongoing processes in the region through 2 …

Read More »