LOCAL ECONOMIC DEVELOPMENT PLAN FOR TBILISI ... - LED

Last year almost half of the surveyed companies observed an over 20%
increase in sales and employment, while more than a half of them did not see
any changes in export, investments and new marketing areas.
Decrease
over 20%
Decrease
below 20%
No change
Increase
below 20%
Increase
over 20%
In sales 1% 6% 18% 27% 48%
In employment 1% 1% 31% 19% 48%
In revenues 1% 4% 17% 36% 42%
In export 1% 11% 53% 0% 34%
In investments 3% 5% 58% 21% 13%
In new marketing
areas 1% 2% 52% 24% 22%
In 2007 most of the companies declare increasing economic indicators,
particularly in new marketing areas, employment, incomes and sales.
Decrease
over 20%
Decrease
below 20%
No change
Increase
below 20%
Increase
over 20%
In sales 0% 4% 11% 22% 64%
In employment 0% 0% 23% 23% 54%
In revenues 1% 4% 11% 28% 57%
In export 1% 0% 39% 22% 38%
In investments 1% 2% 23% 35% 39%
In new marketing
areas 1% 1% 24% 17% 57%
86% of firms predicts strengthening their share in he market in the next two
years.
Moreover, the surveyed businesses pointed out the priority areas that require
improvement and support of public institutions. It turns out that the companies
first of all need: a guarantee fund (44 points in the ranking), vocational
training courses for employees (38 points), better access to office space with
service provided (28 points) and more training courses for managers (28
points). On the fifth position the companies have placed a microcredit fund (27
points).