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Georgian state company stops investing in English industrial area

Business Materials 22 March 2013 14:10 (UTC +04:00)
State-owned Tbilaviastroy JSC stopped investing in Britain, particularly in Hereford industrial zone.
Georgian state company stops investing in English industrial area

Georgia, Tbilisi, March 22 / N.Kirtskhalia /

State-owned Tbilaviastroy JSC stopped investing in Britain, particularly in Hereford industrial zone.

According to the company's CEO Nodar Beridze, the project still remains, but at this stage is suspended and a number of details are being clarified.

Tbilaviastroy JSC together with a Ukrainian company producing aircraft simulators Market-Mats, was planning to invest in Hereford industrial zone. Two industrial complexes belonging to the companies were to be allocated to the area according to an agreement signed last year.

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