TBILISI, March 11 – A new state audit has found that most municipal properties sold through electronic auction in Georgia drew just one bidder, spotlighting how local governments are privatizing public real estate. The findings, reported by BPN, touch a sensitive subject in Georgia, where privatization of public assets has been a recurring feature of … Read more
TBILISI, DFWatch–Transparency International Georgia (TIG) criticizes the process to privatize state property for not being sufficiently transparent, saying this may allow for corrupt deals.
According to TIG, information from the Ministry of Economy and Sustainable
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 – Georgia has obtained a listing on London Stock Exchange for obligations in Georgian Oil and Gas Corporation.
Securities valued USD 250 million were placed on one of the world’s most famous stock exchanges on May 9.
According to Kommersant, the lowest
TBILISI, DFWatch – Georgian Railways is set to be listed on the London Stock Exchange (LSE), becoming the second Georgian companies to achieve a listing, after Bank of Georgia.
Prime Minister Nika Gilauri said April 12 that the government was planning to place several
TBILISI, DFWatch – The Georgian president, Mikheil Saakashvili, have been given even more power to manage the sale of state property.
Parliament has adopted a law which gives the president freedom to set the period of payment for state property when selling real estate
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