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JSC Telasi Reports Financial Losses

Published: August 9, 2013 | 12:47 pm
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Are the financial losses reported by JSC Telasi linked with the lowering of tariffs on electricity in Tbilisi? The joint-stock company Telasi has posted losses of 4 800 000 GEL for the first half of the year. Valeri Pantsulaia, a spokesman for Telasi, has not named specific reasons for the company’s losses, but states that they are not linked to the lowering of the tariffs. He adds that the company will continue fulfilling its responsibilities as normal, and its works on various infrastructural projects will not be affected by the negative financial results.

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