Economy
Posted: 1 week ago

Government Puts Ten State-owned Companies on Sale

The Government of Georgia has put out 10 state-owned assets for auction, as part of the expanded government program “100 Investment Offers to Business”.

The assets on sales are as follows:

Zugdidi Pharmacy (100% strake) - GEL 306,000;

Tbilisi N1 Dental Policlinic (100% stake); GEL 266,000;

Specialized Epidemiological Supervision Center for Disinfection and Sterilization (100% stake) – GEL 246,000.

Zugdidi Tsekavshiri Food Products Complex (51% stake, 27,246 hares) – GEL 1.014 million;

Marine TechService (100% stake) – GEL 2,263,800;

Khashuri Glass Tara (23.0935%; 633,211 shares) – GEL 747,200;

calibre Sands (49% stake) – GEL 550,841

Chiatura Automobile Station (49% stake) – GEL 166,700;

Thermal Waters (100% stake) – GEL 1.511 million;

Union (100% stake) – GEL 399,000

The total value of these 100 assets amounts to GEL 7.470 million.