The European Bank for Reconstruction and Development (EBRD) said it had lent 217 million euros to Georgia’s state Oil and Gas Corporation (GOGC) to refinance its Eurobond issue maturing next year. GOGC, a major Georgian …
The Georgian government is ready to sell 25% shares of the two state-owned companies, ‘Oil and Gas Corporation’ and ‘Georgian Railway’ , a candidate for Prime Minister Giorgi Kvirikashvili announced at a meeting of the …
The international rating agency Standard & Poor's (S&P) revised the outlook for the Georgian Oil and Gas Corporation to negative from stable. The 'B+ long-term corporate credit rating was affirmed by the agency. The outlook …
