Tbilisi Transport Company Faces GEL 70 Million Loss in 2023
The Tbilisi Transport Company has reported a significant financial loss of GEL 70 million for the year 2023. Despite an 18% increase in total revenue, reaching approximately GEL 307 million, the company’s expenses outpaced its income, leading to this substantial deficit. The financial report, shared with the Ministry of Finance, highlights the challenges faced by the municipal transportation provider in balancing growth and operational costs. Financial Struggles Amid Growth The…



















