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Improvements in the Business Sector

Published: September 6, 2013 | 12:10 pm
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Comparing Calculations

What are the reasons behind the recent rise in employment, salaries and turnover in the business sector? According to this year’s second financial quarter data, the turnover within the business sector was GEL 9 850 000, which represents a GEL 235 000 increase compared to the same period last year. The number of jobs in the business sector has risen by 345, and the average salary has increased by GEL 52, now amounting to GEL 793. According to the independent analyst Demur Giorkhelidze, this is a modest increase, and points towards the economy coming out of the ‘waiting mode.’
Coca-Cola Bottlers Georgia founder Temur Chkonia has stated that more specifics are needed in order to draw certain conclusions with regards to the economic growth. In particular, it is important to know which areas of the economy are most developed, according to Mr. Chkonia.

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