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Czech firm Zetor to open assembly plant in Georgia

Business Materials 29 November 2011 10:58 (UTC +04:00)
The largest Czech manufacturer of tractors Zetor Company, intends to open an assembly plant in Georgia, the Prime Minister of Georgia Nika Gilauri, told journalists on a working visit to the Czech Republic..
Czech firm Zetor to open assembly plant in Georgia

Georgia, Tbilisi, Nov.29 / Trend, N.Kirtskhalia /

The largest Czech manufacturer of tractors Zetor Company, intends to open an assembly plant in Georgia, the Prime Minister of Georgia Nika Gilauri, told journalists on a working visit to the Czech Republic..

He attended the Georgian-Czech business forum, organised by the Energo-Pro Company, which works in the Georgian energy sector.

Mr Gilauri said that an agreement to open the plant had been reached. "It is very important for Georgia, as we need to create new jobs and develop production," he said.

He went on to highlight an agreement reached with the Czech Eximbank to grant loans to companies that want to do business in Georgia. "First and foremost, Czech businessmen are interested in the energy, transport and agriculture sectors in Georgia," he said.

He also said another agreement was reached during the business forum. The Energo-pro company which has been engaged in the energy distribution in the Georgian regions for several years, has decided to build a hydropower plant there, but it is uncertain which of the 10 planned hydropower plants the Czech company will build.

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