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1. “ENERGOPRO GEORGIA” HAS INSTALLED INDIVIDUAL METERS TO 70% OF ITS SUBSCRIBERS
   (Daily News: May 22, 2012)

   According to report of Energy and Water Supply Regulating Commission, EnergoPro Georgia has installed individual meters to 70% of its 930,232 subscribers (i.e. to 647,563 subscribers) in 2011. The company, which serves almost all regions of Georgia, expects to complete the process in 2013.

2. “AEGEAN AIRLINES” TO PERFORM FIRST FLIGHT TO GEORGIA ON JUNE 11
   (Daily News: May 21, 2012)

   Georgia’s Civil Aviation Agency said that flight schedule of Greek air company Aegean Airlines was approved. The company will perform Athens-Tbilisi-Athens flight twice a week, starting from June 11.

3. Kviris Palitra: “WHEN “THE CITY IS BUILT”, BUSINESS “FALLS””
   (Economic Press Monitor: May 21, 2012)

   The newspaper reviews problems of those business entities, which objects appeared within area of Tbilisi City Hall’s rehabilitation project. Due to ongoing construction works, these businesses were forced to relocate to another address or even suspend their activity.

4. TERRITORY RELEASED WITHIN BYPASS RAILWAY PROJECT TRANSFERRED TO “GEORGIAN RAILWAY”
   (Daily News: May 18, 2012)

   The government and JSC Georgian Railway signed a memorandum, which hands over territory, released within Tbilisi bypass railway project, to Georgian Railway.

   The matter concerns area of 70.1 ha in the center of Tbilisi.

5. ALEXANDRIA BUSINESSMEN’S DELEGATION ACQUAINTS WITH GEORGIA’S POTENTIAL
   (Daily News: May 18, 2012)

   Today, Tbilisi hosted Georgian-Egyptian business forum, participated by businessmen from Alexandria.

   As Georgian National Investment Agency informed, Egyptian delegation included 10 businessmen, representing companies engaged in pharmaceutics, industry, tourism, agriculture, engineering and consulting sector.

6. KAZAKHSTAN DEEPENS ENVIRONMENTAL COOPERATION WITH GEORGIA
   (Daily News: May 18, 2012)

   Embassy of Kazakhstan plans to deepen cooperation with Georgian Ministry of Environment Protection.

   The Embassy reported that Adila Tursunova, plenipotentiary representative of Kazakhstan to Georgia, held recently meeting with Minister Goga Khachidze, where the sides reached agreement on cooperation deepening.

7. Versia: “SCANDALOUS FACTS DUE TO WHICH WE DID NOT AVOID FLOOD”
   (Economic Press Monitor: May 18, 2012)

   The article says that it was possible to avoid flood in Tbilisi, if terms of tenders, held on rehabilitation of drainage system, had been fulfilled.

   The newspaper grounds such conclusion with declarations of opposition leaders Tina Khidasheli (Republicans, Georgian Dream) and Mamuka Baliashvili (Georgian Way).

8. “SILKNET” OFFERS BI-STANDARD MOBILE PHONES
   (Daily News: May 17, 2012)

   Communications operator SilkNet announced about start of offering Hisense CG2905 mobile phones. This phone, cost 108 lari, is able to work in both wireless standards (CDMA and GSM).

9. ILIA UNIVERSITY: TBILISI CUSTOMERS PREFER DAIRY PRODUCTS OF “SANTE”
   (Daily News: May 17, 2012)

   According to Economic Research and Consulting Center of Ilia State University, customers in Tbilisi prefer dairy production of Sante, while purchasing products.

   The Center had included in the research dairy products of 6 local brands – Sante, EcoFood, Soplis Nobati (Wealth of Village), Natural+, Margo, Pakizo.

10. MORE THAN 150 COMPANIES PARTICIPATE IN “CAUCASUS BUILD 2012”
    (Daily News: May 16, 2012)

    The 17^th international exhibition of construction and interior Caucasus Build 2012 was opened in Tbilisi exhibition center ExpoGeorgia today.

    More than 150 companies from 16 countries will represent their production on 135 stands during the event, which will last 3 days.

11. MORE THAN 50 GERMAN COMPANIES REPRESENTED AT EXHIBITION “EXPO GERMANY”
    (Daily News: May 16, 2012)

    The 3^rd exhibition Expo Germany was opened in Tbilisi today, being arranged within German week.

    The exhibition represents more than 50 German companies, being operating in Georgia and whole South Caucasus.

12. “FUJITSU-SIEMENS” OFFERS A YEAR INTEREST-FREE INSTALLMENT ON NOTEBOOKS
    (Daily News: May 15, 2012)

    Japanese-German brand Fujitsu-Siemens launched project “Renew” in Georgia. In term of the mentioned project, customers will be able to buy Germany-made notebooks under interest-free 1-year installment.

13. “USIP-GEORGIA” PLANS TO INSTALL MORE 500 SELF-SERVICE TERMINALS
    (Daily News: May 15, 2012)

    LLC United System of Instant Payments – Georgia (USIP-Georgia) plans to install more 500 self-service terminals until the end of year.

    As director general of the company Mikheil Chonishvili told Sarke, at this stage the company runs 1,600 self-service terminals and about 4,000 payment outlets.

14. OVER 400 CLIENTS OF “TBC BANK” APPLIED TO UPGRADED “MOBILE BANK”
    (Daily News: May 15, 2012)

    TBC Bank said that more than 400 clients applied during a week to upgraded Mobile Bank service.

    Customers of the bank may download Mobile Bank application for iPhones from Apple Store from May 7.

15. TBILISI ACCOUNTS FOR 62.3% OF UTILITY PAYMENTS, MADE VIA “LIBERTY BANK”
    (Daily News: May 15, 2012)

    Liberty Bank reported that 2.8 million utility payments were performed through its branches in the 1^st quarter. The figure is increased by 10% in January-March, while year-on-year growth made up 68%.

16. NATURAL DISASTER CAUSED LOSS OF 5M LARI TO INFRASTRUCTURE
    (Daily News: May 15, 2012)

    According to Georgian government, recent heavy rains, accompanied with landslides, inflicted loss of 5 million lari on infrastructure.

    The government decided to allocate immediately the mentioned sum from the budget in order to liquidate disaster results in regions and hold restoration works.

17. Rezonansi: “DUE TO DISASTERS, GEORGIA LOSES 35-40% OF HARVEST ANNUALLY”
    (Economic Press Monitor: May 15, 2012)

    Heavy rains have created serious problems not only to Tbilisi, but also for the regions (especially for Kakheti), the article reports.

    At that, agriculture experts point at problem of soil erosion.

18. “PSP-DRUGSTORE” FINED WITH 5,000 LARI
    (Daily News: May 14, 2012)

    National Communication Commission fined LLC PSP-Drugstore with 5,000 lari.

    As the Commission said, the company uses frequency band 5300 MHz for data transmission through internet protocol, not having a relevant authorization.

19. GEORGIAN YOUNG LAWYERS ASSOCIATION: 288M LARI WAS ALLOTTED FROM TBILISI BUDGET TO CITY HALL’S FUNDS IN 2005-2011
    (Daily News: May 14, 2012)

    Georgian Young Lawyers Association reported that in 2005-2011, Tbilisi budget allocated more than 288 million lari to 2 funds, being founded by Tbilisi City Hall. The Association noted that specification of exact sum is impossible.

20. GEORGIAN PARTNERSHIP FUND FINISHED LAST YEAR WITH NET PROFIT
    (Daily News: May 14, 2012)

    Georgian Partnership Fund reported net profit of 7.2 million lari for 2011. The Fund’s assets totaled to 1.07 billion lari, liabilities – 19.9 million lari.

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