Georgia, whose economy could grow by 5.7% this year, is going to hold IPO for the release of European bonds of several state companies in 2011, Business Georgia reports.
Georgian prime minister Nika Gilauri stated that in late December or January the government will choose foreign banks for releasing new European bonds.
The head of the government didn't comment on exactly which state companies he meant. Experts consider it will be the State Oil and Gas Company.
