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Tuesday, 25 September 2018


Georgia is selling out scrap metal

2011-07-26 21:17

The Georgian parliament has put old cars to auctioned. Officially stated aim is that: "privatization of scrap metall and depreciated assets", IA Trend reported.

It is reported that two damaged "Chevrolet Cavalier" of 1998 and damaged "GAZ 31 029" of 1995 as well as an damaged armored "Cadillac Sedan DeVille" of 1998 have been put to auction.

Moreover, 16 290 kilos of scrap metal - air conditioners, iron boxes, safes, iron bars, generators, boilers and two heating systems appeared another lot of the auction.

Earlier, Prime Minister Nika Gilauri said, economic growth in the country hasn't reduced, despite the influence of external factors.

Gilauri said that over the last six months they noted economic increase of GDP and exports in Georgia. "The decline was recorded only in the field of direct foreign investment, which was replaced by funds provided by donors - he said. - In general, we are telling of the growth of economic indicators".

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