Tbilisi City Hall to annul contract with sanctioned Russian company

  • The Russian company was sanctioned by the international community on May 19, 2023, the City Hall said, adding as “Georgia has been implementing international financial sanctions against Russia”, the body would not cooperate with the sanctioned company. Photo via Tbilisi City Hall

Agenda.ge, 20 May 2023 - 11:58, Tbilisi,Georgia

Tbilisi City Hall has started the procedure of terminating the contract with Metrowagonmash, the Russian engineering company, sanctioned by the international community following the country’s invasion of Ukraine, the City Hall announced on Friday.

The state body explained it had signed the contract with Metrowagonmash in November 2021, as the winning company of the tender, organised and financed by the European Bank for Reconstruction and Development for the purchase of 40 new carriages for the Tbilisi Metro station.

The Russian company was sanctioned by the international community on May 19, 2023, the City Hall said, adding as “Georgia has been implementing international financial sanctions against Russia”, the body would not cooperate with the sanctioned company.

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