INSUBCONTINENT EXCLUSIVE:
24, forcing IDS Borjomi International to suspend production due to financial difficulties.At the government meeting, IDS Borjomi revealed
that Alfa would transfer a 7.73% share in the company to the Georgian government free of charge, the Agenda.ge news website reported.Alfa
Group will cease to be the controlling shareholder following the deal.The company also said the number of shareholders on its Board of
Directors would be reduced from eight to two and that the Chairman of the Board will be a government representative.Garibashvili said the
resolve ongoing issues between the company and some 400 Borjomi plant workers, who went on strike in May over claims that their salaries
