TBILISI, DFWatch–The unit to combat financial fraud in Georgia has charged Irakli Ezugbaia, the former head of Georgian Railway, of appropriation and embezzlement of state money. He is not in Georgia but has been sentenced in absentia to pretrial detention.
His
TBILISI, DFWatch–Around 800 rail workers in Khashuri in central Georgia went on strike Wednesday,demanding increased salaries and to restore benefits which they used to have years ago.
There are no staff available on the railway section between Zestaponi further west
TBILISI, DFWatch – Georgia once again has postponed placing shares of the state-owned Georgian Railway on London Stock Exchange.
The debut should have been on May 24, but the government has again decided to postpone it.
Georgian Prime Minister Nika Gilauri said that
TBILISI, DFWatch – Georgian Railway is nearer to going live on London Stock Exchange.
Georgia’s Economy Ministry confirms the listing, previously reported by DF Watch, and says the government currently is studying the situation on stock exchanges to make sure that
TBILISI, DFWatch – Saturday morning, the day before Easter, there is a large crowd at the railway station in Tbilisi. All of them have bags of luggage and are trying to find their tickets for the train or are buying them.
The Easter holiday lasts four days in Georgia
As Georgia makes a new push to find more investors who will have a stake in its most strategically important assets, like the post and railways, the state will keep a controlling share of the stocks. Chair of the financial budgetary committee, Zurab Melikishvili, made the promise today during a debate in parliament about a … Read more