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Georgian Railway ups incomes by 20 percent in 2011

Business Materials 9 January 2012 14:45 (UTC +04:00)
Incomes of Georgian Railway increased by 20 percent and amounted to 489 million lari ($ 1 = 1.66 lari) compared to 2010, the company’s CEO Irakli Ezugbaya said at a press conference on Monday.
Georgian Railway ups incomes by 20 percent in 2011

Georgia, Tbilisi, Jan. 9 / Trend, N. Kirtskhalia /

Incomes of Georgian Railway increased by 20 percent and amounted to 489 million lari ($ 1 = 1.66 lari) compared to 2010, the company's CEO Irakli Ezugbaya said at a press conference on Monday.

"This growth allowed us to better plan our activity for 2012," he said, stressing that a 20-percent growth in incomes is a record in recent years.

Ezugbaya called a growth in wages of employees as one of the major achievements. He stressed that a growth hit 25 percent on average.

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