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Friday, 21 October 2016


More and more rumours around American Monolith

2010-07-30 16:18

Vera Kobalia, the Minister of Economy of Georgia, disclaims messages the PM declined her project concerning American Monolith company - Kommersanti radio.


The Minister says the project is developing. She said be it American Monolith or any other company, she would meet with all the investors. Kobalia added with everyone she would discuss the planned investments and help in creating working places in Georgia.  

According to mass media messages, Gilauri declined American Monolith project, as well as Grigol Gobejashvili, the ex-deputy Minister of Economy had done. In both case the reason was the same - absence of banking guarantees from the side of investors.

American Monolith is an affiliate of Silkroad Group. It's another enterprise, Silkroad Motors, is in a black list of sales.

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