The Tbilisi Central Department Store has been handed over officially to a new investor today. The people employed in the department store are leaving the territory.
Department store personnel say they have not bee offered alternative space and they have to seek new place themselves. The department store closed yesterday. The traders are given several days to take their goods.
The Tbilisi department store was acquired by a businessman from Great Britain. The Department Store will turn into a trade center meeting international standards.
According to preliminary estimates, USD 30-35 m will be invested in the construction. The construction will be completed in about a year and a half.
