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1. “CAUCASUS ONLINE” ACQUIRED LICENSE FOR NUMERATION RESOURCE IN TBILISI
   (Daily News: October 10, 2011)

   National Communication Commission reported that LLC Caucasus Online has acquired license for numeration resource in Tbilisi on the auction today. The matter concerns 10,000 fixed subscriber numbers with index 200-XXXX.

2. “PSP INSURANCE” PROVIDES SERVICE TO “SILKNET” STAFF
   (Daily News: October 10, 2011)

   Telecommunication company SilkNet announced that health insurance of its employees is being provided by PSP Insurance.

   According to SilkNet, insurance company was selected due to offered terms, in particular – flexible registration form and existence of provider clinics in all regions of the country.

3. EXPERTS DISCUSS DEVELOPMENT OF BAKU-TBILISI-BATUMI/TRABZON HIGHWAY
   (Daily News: October 10, 2011)

   Georgian Ministry of Economy and Sustainable Development has reported that expert group holds the meeting in Batumi, discussing development of Baku-Tbilisi-Batumi/Trabzon highway and supporting infrastructure.

   Development of supporting infrastructure envisages upgrade of customs checkpoints and their equipment with modern technologies; as well as expansion of filling stations, car parkings and hotels’ network, the Ministry noted.

4. ABOUT 27 ITALIAN COMPANIES TOOK PART IN GEORGIAN-ITALIAN BUSINESS-FORUM
   (Daily News: October 10, 2011)

   Tbilisi hosted the 4^th Georgian-Italian business-forum today. Representatives of 27 Italian and 60 Georgian companies took part in the event.

5. Kviris Palitra: “CONSTRUCTION-FINANCIAL SPIRALE”
   (Economic Press Monitor: October 10, 2011)

   The newspaper notes that many developers have appeared recently on the market, intending to construct residential houses in Tbilisi. The companies are not considering big projects, but plan to build houses of 3,000-4,000 square m, investing $1-2 million per project, the article reports.

6. PROCEEDINGS ON INSOLVENCY STARTED AGAINST “GEORGIAN STEEL”
   (Daily News: October 6, 2011)

   Proceedings on insolvency started against JSC Georgian Steel (Rustavi Metallurgical Plant). The corresponding request was submitted to Tbilisi Court by director of the company Irakli Medzmariashvili.

7. “GEO-PLAZA” PAID PRIVATIZATION SUM
   (Daily News: October 6, 2011)

   LLC Geo-Plaza, winner of the auction on Tbilisi Rail-Welding Plant privatization, has paid own offer of 3.35 million lari, Economy and Sustainable Ministry has told Sarke. Starting price on the auction, held in the end of August, made up 3.3 million lari.

8. NATIONAL COMMUNICATION COMMISSION FINED “LIBERTY BANK” WITH 5,000 LARI.
   (Daily News: October 6, 2011)

   National Communication Commission imposed fine of 5,000 lari on Liberty Bank. According to the Commission, Liberty Bank conducted unauthorized use of radio frequency ranges 161.15 mHz and 158.00 mHz.

9. “DEUTSCHE BAHN” TICKETS ARE AVAILABLE TO BUY IN TBILISI AS WELL
   (Daily News: October 6, 2011)

   Since today, tickets of German railway operator Deutsche Bahn are available to purchase in Tbilisi as well (the service is available in 130 countries). The service in Georgia is provided by Georgian Avia Service Agency in cooperation with Turkish air company Pegasus.

10. GEORGIA TO HOST TRACECA INVESTMENT FORUM IN 2012
    (Daily News: October 6, 2011)

    In February 2012, investment forum of TRACECA (Transport Corridor Europe-Caucasus-Asia) is planned to hold in Georgia. Georgian Economy and Sustainable Development Ministry reported that Georgian side would present 2 projects at the forum.

11. Rezonansi: “UGULAVA TO GET HALF BILLION LARI FROM STATE BUDGET IN NEXT YEAR”
    (Economic Press Monitor: October 6, 2011)

    As the newspaper notes, growth of budget-2012 is planned to secure mainly on account of tax revenues’ increase. In 2012, Finance Ministry will have to collect 6.6 billion lari in the state budget, of which 6.1 billion accounts for taxes.

12. GEORGIA TAKES PART IN “EXPO REAL 2011”
    (Daily News: October 4, 2011)

    After Dubai event, delegation of Georgian National Investment Agency takes part in Expo Real 2011, the 14^th international exhibition of realty and investment. The 3-day exhibition has opened in Munich today.

13. “SAKARTVELOS BANKI” OPENED 6^TH SERVICE-CENTER IN KAKHETI
    (Daily News: October 3, 2011)

    Sakartvelos Banki (Bank of Georgia) has announced on opening new service-center in Lagodekhi (Kakheti region). Besides Lagodekhi, the bank is represented in the same region’s districts Gurjaani, Telavi, Sagarejo, Signagi and Kvareli.

14. NEW ACTION PLAN IS UNDER DEVELOPMENT WITHIN TRACECA PROJECT
    (Daily News: October 3, 2011)

    Regional meeting on new project of TRACECA (Transport Corridor Europe-Caucasus-Asia), named “Logistic processes and sea routes”, was started today in Tbilisi.

    Georgian Ministry of Economy and Stable Development said that the event, which will last for 3 days, should draft an action plan for the project.

15. Kviris Palitra: “THE TENTH WAVE OF FINANCIAL CRISIS OR EXAGGERATED PANIC?”
    (Economic Press Monitor: October 3, 2011)

    The article reviews possibility of new global crisis, being forecasted by experts for 2013.

    Regarding Georgia’s prospects, Nodar Khaduri, professor of Tbilisi State University, declares that in case of crisis similar to 2008, the country will be more damaged.

16. PART OF “KALAKPROEKTI” BUILDING IN TBILISI SOLD FOR 1.1M LARI
    (Daily News: September 30, 2011)

    Tbilisi Agency for Property Management reported that part of Kalakproekti building on Agmashenebeli Ave. 89/24 (Urban Project) was sold for 1.1 million lari.

    The Agency did not name new owner, saying that it will announce it only after registration of property rights.

17. FLIGHTS TO MESTIA TO BE SERVED BY FRENCH-MADE PLANE
    (Daily News: September 30, 2011)

    Starting from the end of year, flights to resort Mestia (highland region Zemo Svaneti) to be served by plane, manufactured by French-Italian company ATR. Test flight, held yesterday, was attended by Economy and Sustainable Development Minister Vera Kobalia.

18. Akhali Taoba: “BUSINESS OF “TRADE-BOXES” IS CONTROLLED BY GEGENAVA, KEZERASHVILI AND RURUA”
    (Economic Press Monitor: September 30, 2011)

    The article, reporting on kiosks’ business in Tbilisi, is based on data of Georgian Young Lawyers Association and Studio Monitor.

    As the article notes, requests on temporary buildings’ placement (kiosks) have been submitted in March 2010 – July 2011 on 2,515 addresses in total.

19. Rezonansi: “TEA HARVEST INCREASE CANNOT BE MANAGED FROM YEAR TO YEAR”
    (Economic Press Monitor: September 30, 2011)

    The newspaper reports that this year’s tea harvest makes up 250,000-300,000 t, which is the same volume as in previous years. As Georgian Tea Association explains, tea enterprises have been focused on the quality and not an amount.

20. Rezonansi: “NEW INSURANCE PROGRAM FOR AN ADDITIONAL 1 MILLION PEOPLE”
    (Economic Press Monitor: September 30, 2011)

    From 2012, the state insurance might apply to children under the age of 5 years and persons above 60 years old. Such initiative was announced by Mamuka Katsarava, head of Tbilisi City Service of Social Services and Culture.

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