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1. Rezonansi: ““FEEBLE” COMPANY ACQUIRED BUILDING OF JUSTICE MINISTRY FOR A SONG”
   (Economic Press Monitor: January 20, 2012)

   Former building of the Justice Ministry, locating on Rustaveli Avenue in Tbilisi, was acquired for 700,000 lari by company Rustaveli Property, registered, as the newspaper says, on January 13 (in fact, it was registered on August 3 of 2011, while on January 13 extract of Business Register was prepared).

   Owner of the company is Mindia Gadaev, former head of Revenue Service, who worked then in company Loyal Estate.

2. PROPERTY OF “DIGITAL ELECTRONICS” IS AUCTIONED FOR 901,703 LARI
   (Daily News: January 18, 2012)

   Bankruptcy manager of LLC Digital Electronics has announced auction on property of the company, setting starting price at 901,703 lari.

   Real estate includes 3 objects in Tbilisi (2 – in Didi Digomi district and 1 – on Vazha Pshavela Avenue) with total area of 288 square m.

3. INTERNATIONAL SCHOOL OF DESIGN AND ARCHITECTURE TO BE OPENED ON BASE OF TECHNICAL UNIVERSITY
   (Daily News: January 17, 2012)

   Education and Science Ministry reported that International School of Design and Architecture will be opened in Tbilisi. The School, created on the base of Technical University, will be the first in Caucasus.

4. “VTB BANK GEORGIA” OPENED NEW BRANCH IN TBILISI
   (Daily News: January 17, 2012)

   VTB Bank Georgia opened today its already second new branch in this year, which is located in Tbilisi (Tsereteli Ave. 67).

   As the bank’s retail business director Valerian Gabunia has told Sarke, more 6 branches are planned to open this year both in Tbilisi and in regions, where VTB Bank Georgia is already represented (Batumi, Kutaisi).

5. OIL TRANSIT VIA GEORGIA DECLINED BY 9.5% IN 2011
   (Daily News: January 17, 2012)

   Georgian Oil and Gas Corporation has reported that 38.36 million t of crude oil was transported by oil pipelines via Georgian territory in 2011. The figure is decreased by 9.5% if compared with 2010.

6. Rezonansi: “9-LARI INSURANCE WILL CAUSE MANY PROBLEMS ON THE MARKET”
   (Economic Press Monitor: January 17, 2012)

   According to the newspaper, 963,440 people have applied to the state health insurance, including 843,440 being insured by Social Service Agency. Value of insurance voucher is 11 lari, so 168.54 million lari is envisaged in the budget for this purpose.

7. “GEORGIAN RAILWAY” STARTS PROJECT “FOR ONE DAY TO GEORGIAN RESORTS”
   (Daily News: January 16, 2012)

   LLC Georgian Railway announced start of project “For One Day to Georgian Resorts”, which envisages one-day trip to resort cities. Implementation of the mentioned project became available due to increased speed of trains’ traffic, the LLC marked.

8. PASSENGER TRAINS INCREASE SPEED ON CENTRAL RAILWAY
   (Daily News: January 16, 2012)

   LLC Georgian Railway has announced that from today passenger trains will increase speed while moving on central railway.

   In particular, highest speed will be 120 km/h, which enables passengers to travel from Tbilisi to Batumi for 5 hours and 15 minutes, i.e. by 25 minutes less.

9. TBILISI CITY HALL FINED MINI BUS COMPANIES
   (Daily News: January 13, 2012)

   Tbilisi City Hall reported that fines were imposed on mini bus (route taxi) companies due to violation of tender terms. In order to bring remained number of new mini buses, the companies were given an additional time (not specified), as it is envisaged by law, the City Hall said.

10. CORPORATE CLIENTS OF “PSP INSURANCE” TO BE SERVED BY “NEW HOSPITALS”
    (Daily News: January 13, 2012)

    PSP Insurance offered updated medical insurance to corporate clients. According to the company, the service will be provided by New Hospitals (clinic in Ortachala (Tbilisi), being opened lats year) and family doctors.

11. Rezonansi: “PUBLIC REGISTRY TO PUBLISH STATISTICS OF UNFINISHED CONSTRUCTIONS SOON”
    (Economic Press Monitor: January 13, 2012)

    The newspaper reports that statistical data on unfinished constructions in Tbilisi will be published in near future.

    As expert Giorgi Barvanashvili notes, terms of construction completion have been delayed due to the crisis.

12. BG BLUE CHIP INDEX DECLINED BY 44.6% IN A YEAR
    (Daily News: January 12, 2012)

    Investment bank BG Capital reported that its local blue chip index BGBC made up 444.64 (in lari) as of December 31, 2011. Since start of the year, the index declined by 44.6%.

13. “BOSCH” OPENED REGIONAL OFFICE IN GEORGIA
    (Daily News: January 12, 2012)

    Today, household appliances manufacturer company Bosch has opened regional office in Caucasus. The company plans to open warehouse as well, which should serve the whole region.

14. AIR PASSENGERS TRAFFIC IN GEORGIAN AIRPORTS INCREASED BY 30.7%
    (Daily News: January 12, 2012)

    According to Georgian Civil Aviation Agency, airports of the country have transferred 2.3 million passengers in 2011. If compared with 2010, the figure is by 30.7% up.

15. Akhali Taoba: “OIL-BLENDED WATER TO COME SOON FROM THE TAP”
    (Economic Press Monitor: January 12, 2012)

    The article, based on results of journalist investigation of studio Monitor, discusses violations linked to the construction of Tbilisi bypass railway.

    Namely, experts of GWP, Tbilisi water company, have prepared a report on the threats that may arise due to passing the railway near Tbilisi Sea.

16. “TELASI” FINED WITH 15,000 LARI
    (Daily News: January 11, 2012)

    Georgian Energy and Water Supply Regulating Commission fined TELASI, Tbilisi energy distributor, with 15,000 lari for violation of license terms.

    According to the Commission, TELASI has not implemented installation of individual power meters for 22 families, living on Chavchavadze Ave. 22.

17. “IRAO”, “GPIH” AND “ARCHIMEDES GLOBAL GEORGIA” TO PROVIDE INSURANCE SERVICE TO SOCIALLY DEPRIVED RESIDENTS OF TBILISI
    (Daily News: January 11, 2012)

    According to Tbilisi City Hall, medical insurance service for socially deprived people will be provided by 3 insurance companies. The matter concerns Irao, GPIH and Archimedes Global Georgia, which won tender of the City Hall.

18. TBILISI ADDRESSING PROJECT TO BE COMPLETED IN SPRING
    (Daily News: January 11, 2012)

    Head of Justice Ministry’s Agency of Public Register Soso Tsikarishvili declared that Tbilisi addressing project is to be completed by spring 2012. Inventory of part of Old Tbilisi, as well as Vake-Saburtalo district is already completed, he noted.

19. “VTB BANK GEORGIA” OPENED NEW SERVICE-CENTER IN TBILISI
    (Daily News: January 10, 2012)

    VTB Bank Georgia has opened new service-center in Tbilisi today.

    The outlet, located on Rustaveli Avenue, will provide 24-hour banking service 7 days a week.

20. SERVICE AGENCY MOBILIZED 6.67M LARI THOUGH STATE PROPERTY REALIZATION
    (Daily News: January 10, 2012)

    According to head of Finance Ministry’s Service Agency Grigol Baiburt, revenue from state property realization made up 6.67 million lari. Out of this sum, 3.1 million lari was transfered to the budget.

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