Annual Report 2004 - Georgian Stock Exchange
Annual Report 2004 - Georgian Stock Exchange
Annual Report 2004 - Georgian Stock Exchange
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mimarTva<br />
giorgi lolaZe<br />
sameTvalyureo sabWos Tavmjdomare<br />
saqarTvelos safondo birJa<br />
merab memarniSvili<br />
sameTvalyureo sabWos Tavmjdomare<br />
saqarTvelos fasiani qaRaldebis<br />
centraluri depozitari<br />
<strong>2004</strong> weli samarTlianad SegviZlia miviCnioT<br />
saqarTvelos safondo birJisa da saqarTvelos<br />
fasiani qaRaldebis centraluri depozitarisaTvis<br />
gardatexis wlad, rac upirveles yovlisa,<br />
gamoixateba gasul wina wlebTan SedarebiT ZiriTadi<br />
maCveneblebis uprecedento zrdaSi.<br />
birJisa da centraluri depozitaris savaWro da<br />
sakliringo-saangariSsworebo sistemebis maRalma<br />
donem da birJis regulirebaSi gamoyenebulma<br />
Tanamedrove sayovelTaod aRiarebulma principebma<br />
gasul periodSi birJas maRali avtoriteti<br />
moupova saerTaSoriso asparezzec. amis<br />
naTeli dadasturebaa xelmowerili memorandumi<br />
Tesalonikis sabirJo centrsa da saqarTvelos<br />
safondo birJas Soris urTierTTanamSromlobis<br />
Sesaxeb savaWro plaTformebisa da sakliringosaangariSsworebo<br />
sistemebis daaxloebis sferoSi.<br />
or safondo birJas Soris TanamSromloba xels<br />
Seuwyobs saqarTveloSi fasiani qaRaldebis bazris<br />
Camoyalibebisa da Semdgomi ganviTarebis process.<br />
saintereso perspeqtivebs fasiani qaRaldebis<br />
bazris Semdgomi ganviTarebisTvis qmnis qveyanaSi<br />
privatizaciis procesis axali etapis dawyeba.<br />
saqarTvelos safondo birJaze saprivatizacio<br />
auqcionebis gamarTva ara marto sakanonmdeblo<br />
baziTa da srulyofili teqnologiuri cikliT<br />
aris uzrunvelyofili, aramed wina wlebSi ukve<br />
ganxorcilebuli auqcionebis garkveuli gamocdilebacaa<br />
dagrovili. Cveni Rrma rwmeniT, specializebuli<br />
sabirJo auqcionebis permanentulma<br />
xasiaTma mniSvnelovnad unda Seuwyos xeli<br />
qveyanaSi safondo bazris ganviTarebas da sainvesticio<br />
garemos gaumjobesebas.<br />
Cveni institutebis warmateba bevradaa ganapirobebuli<br />
qveyanaSi saaqcio sazogadoebebis<br />
swor da efeqtur funqionirebaze da, amdenad,<br />
korporaciuli marTvis srulyofa yovelTvis<br />
Cveni yuradRebis obieqts warmoadgens. gasul<br />
wels birJaze daiwyo regularuli saswavlo ciklebis<br />
ganxorcieleba korporaciuli marTvis<br />
saswavlo programis farglebSi. msmenelTaTvis<br />
saqarTvelos fasiani qaRaldebis erovnuli komisiis,<br />
birJis, centraluri depozitarisa da fasiani<br />
qaRaldebis bazris infrastruqturis sxva institutebis<br />
wamyvan specialistTa monawileobiT<br />
momzadebulia korporaciuli marTvis damxmare<br />
saxelmZRvanelo. gamiznulia saqarTvelos korporaciul<br />
mmarTvelTa profesiuli asociaciis<br />
Camoyalibeba da mis bazaze saqarTvelos korporaciuli<br />
marTvis eTikuri kodeqsisa da normebis<br />
gamomuSaveba.<br />
fasiani qaRaldebis bazarze gamWvirvalobis<br />
dasamkvidreblad 2005 wels dagegmilia saqarTvelos<br />
safondo birJis axali, ufro srulyofili<br />
veb-gverdis Seqmna, romelzec tradiciuli statistikuri<br />
informaciis garda ganTavsebuli iqneba<br />
saaqcio sazogadoebebis angariSgebis sistema. am<br />
sistemis farglebSi dagegmilia rogorc sazogadoebebis<br />
katalogizebuli sistemis arseboba, aseve<br />
angariSebis Seqmnis da saitze ganTavsebis<br />
moqnili meqanizmis Seqmna, rac sagrZnoblad gaamartivebs<br />
informaciis mopovebisa da ganTavsebis<br />
meqanizms da mniSvnelovan rols Seasrulebs<br />
bazris gamWvirvlobis gazrdis procesSi.<br />
saxelmwifo fasiani qaRaldebiT vaWrobis gaaqtiurobisa<br />
da bazris likvidurobis gazrdis<br />
mizniT dagegmilia fuladi saxsrebiT nawilobriv<br />
uzrunvelyofili vaWrobis danergva. vaWrobis<br />
intensiurobis gasazrdelad igegmeba savaWro<br />
sesiebis yoveldRiur reJimze gadayvana da savaWro<br />
dRis farglebSi meore savaWro sesiis<br />
damateba.<br />
Cven mtkiced gvjera, rom gamWvirvalobis da<br />
sajaroobis principebi, romlebic safuZvlad<br />
udevs birJisa da centraluri depozitaris regulirebasa<br />
da Semdgom ganviTarebas, ucilobeli<br />
warmatebis sawindaria. birJa da centraluri depozitari,<br />
miuxedavad qveynis ekonomikaSi arsebuli<br />
mravali problemisa, kvlavac gaagrZelebs kapitalis<br />
bazris sxvadasxva mimarTulebis aqtiurad<br />
aTvisebis politikasa da saqarTveloSi sainvesticio<br />
garemos srulyofisaTvis moRvawe yvela<br />
potenciur partniorTan TanamSromlobas.<br />
bolos, madloba gvinda gadavuxadoT birJisa da<br />
centraluri depozitaris wevrebs, partniorebsa<br />
da TanamSromlebs, romelTa Zalisxmevac mudmivad<br />
mimarTulia kapitalis bazarze gamWvirvalobisa<br />
da sajaroobis principebis damkvidrebisa da<br />
Semdgomi ganviTarebisaken.<br />
wliuri angariSi <strong>2004</strong><br />
ss saqarTvelos safondo birJa<br />
ss saqarTvelos fasiani qaRaldebis centraluri depozitari<br />
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