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  1. SPENDING OF ADB CREDIT HAS BEEN STARTED
    (Daily News: July 11, 2011)

    As representation of Asian Development Bank (ADB) declared to Sarke, the bank has transferred $8.5 million to Georgia within first tranche of urban transport development program. Spending of the sum is already started.

  2. Kviris Palitra: “SLAVERY IN THE MIDDLE OF THE CITY”
    (Economic Press Monitor: July 11, 2011)

    The article reports about problems in the field of cleaning in Tbilisi, bringing comment of former employees of TbilServiceGroup.

    As Nugzar Kantaria, former foreman of TbilServiceGroup, and former street cleaners declare, the service does not have holidays.

  3. FINES OF 8M LARI ARE IMPOSED ON CONSTRUCTION COMPANIES
    (Daily News: July 8, 2011)

    According to Supervisory Service of Tbilisi City Hall, volume of fines imposed on construction companies due to unfinished construction, reaches 8 million lari. Maximal volume of fine was 75,000 lari.

  4. “GEORGIAN RAILWAY” BUILT NEW CONTAINER TERMINAL IN TBILISI
    (Daily News: July 8, 2011)

    LLC Georgian Railway has built new container terminal of 4 ha in Tbilisi (Kakheti Highway). As David Jinjolia, the LLC director for freight transportation, has declared to Sarke, arrangement of the terminal cost 6 million lari.

  5. Rezonansi: “DISPUTE ON “IMEDI” AND MTATSMINDA PARK IS ENDED”
    (Economic Press Monitor: July 8, 2011)

    Three-year dispute between family of late tycoon Badri Patarkatsishvili and the state has finished in agreement. Broadcasting company Imedi and Tbilisi park Mtatsminda were subject of litigation in the Arbitration Court.

  6. Rezonansi: ““MAGTI” WON DISPUTE TO “GEOCELL” AT THE REGULATORY COMMISSION”
    (Economic Press Monitor: July 8, 2011)

    Georgian National Communications Commission has satisfied partly claim of mobile communications operator Magti and charged its main rival, Geocell to sign an agreement.

    Magti objected Geocell’s refusal on signing of an agreement and requested fining of the company for legislation violation.

  7. POTENTIAL LESSEES OF TBILISI UNDERGROUND PASSAGES TO BE REVEALED NEXT WEEK
    (Daily News: July 7, 2011)

    Tbilisi City Hall has put underground passages of the city on auction, aiming their rehabilitation. Auction is announced on 10 lots and is scheduled on July 14.

  8. “GEORGIAN RAILWAY” WORKS ON NEW SYSTEM OF TICKET BOOKING
    (Daily News: July 7, 2011)

    According to deputy director of Georgian Railway’s passenger transportation Khariton Shalamberidze, the Railway is working on new system of ticket booking, being available online. The service is planned to offer from the end year, he noted.

  9. Rezonansi: ““GEORGIAN WATER AND POWER” TO INSTALL METERS TO 50,000 SUBSCRIBERS UNTIL THE END OF THIS YEAR”
    (Economic Press Monitor: July 7, 2011)

    As Jorg Matis, director general of Tbilisi water company Georgian Water and Power, notes in an interview with the newspaper, installation of water meters has begun in June of this year.

    Until the end of this year, meters would be installed in the private houses of about 50,000 subscribers.

  10. “LABEY DEVELOPMENT” ACQUIRED BUILDING ON PALIASHVILI STREET IN TBILISI
    (Daily News: July 6, 2011)

    Economy and Sustainable Development Ministry has reported that LLC Labey Development acquired building and land plot in Tbilisi (Paliashvili Str. 87) for 2.85 million lari. Starting price of the object was 2.7 million lari.

  11. “BASISBANK” EXPANDS SERVICE-CENTER NETWORK
    (Daily News: July 6, 2011)

    Basisbank will invest up to 1 million lari in arrangement of service-center network until the end of year, director general of the bank Giorgi Tsaava has declared to Sarke. The bank will open new service-center in Tbilisi in next few days, while another one is planned to open within 1-1.5 months, he noted.

  12. AFTER 2-YEAR BREAK, “VTB BANK GEORGIA” TO RESUME NETWORK EXPANSION
    (Daily News: July 6, 2011)

    Supervisory board of VTB Bank Georgia decided to expand branch network this year, director general of the bank Archil Kontselidze told Sarke. The bank has ceased expansion 2 years ago, he noted.

  13. “VTB BANK GEORGIA” OPENED NEW HEAD OFFICE AND CENTRAL BRANCH
    (Daily News: July 6, 2011)

    VTB Bank Georgia has opened today new head office and central branch, located on Chanturia Str. 14 in Tbilisi. Central branch occupies the first two floors of 5-storey building, while the rest is given to head office.

  14. “CONSTANTA” OPENED NEW BRANCH
    (Daily News: July 5, 2011)

    Bank Constanta announced about launch of new branch in Marneuli (region Kvemo Kartli). This is the 22nd branch of Constanta countrywide, of which 6 are located in Tbilisi.

  15. KUTAISI AIRPORT TO BE HANDED TO LLC “GEORGIAN AIRPORT ASSOCIATION” FOR MANAGEMENT
    (Daily News: July 5, 2011)

    Economy and Sustainable Development Ministry has informed that the government decided not to alienate Kutaisi (Kopitnari) airport, transferring it instead to LLC Georgian Airport Association for management.

    By this time, the LLC unites airports of Tbilisi and Mestia (highland region Zemo Svaneti).

  16. THE GOVERNMENT CONSIDERED HOSPITALS’ CONSTRUCTION PROCESS
    (Daily News: July 5, 2011)

    Process of hospitals construction in terms of healthcare reform has been considered at the government meeting today.

    Minister of Labor, Health and Social Protection Andria Urushadze reported that rehabilitation of Zhvania Clinic and the Lung National Center has been completed, as well as the first stage of works in Mental Hospital.

  17. FORMER RESTAURANT IN TBILISI PARK WAS PLANNED TO SELL FOR 1.6M LARI
    (Daily News: July 4, 2011)

    Economy and Sustainable Development Ministry had been auctioning non-agriculture land plot with buildings, located in Tbilisi park Dedaena. Starting price of the object was 1.6 million lari.

  18. “GOODWILL” STARTED ONLINE SALES
    (Daily News: July 4, 2011)

    Company Goodwill has held presentation of internet supermarket GoodwillDelivery.ge today. The service covers Tbilisi area and its nearby territories.

  19. $316M TO BE SPENT THIS YEAR ON GEORGIAN SECTION OF BAKU-TBILISI-KARS RAILWAY
    (Daily News: July 4, 2011)

    According to Regional Development and Infrastructure Ministry, this year’s budget has been approved for construction works on Baku-Tbilisi-Kars railway’s Georgian section, making up $316 million.

    The decision has been made at bilateral coordinating council meeting, held recently in Baku.

  20. Kviris Palitra: “TRAVEL COST “NOT TO BE INCREASED, BUT …WILL BE INCREASED””
    (Economic Press Monitor: July 4, 2011)

    New mini-buses (the so-called “marshrutkas”, rout taxi) will appear in Tbilisi in the second half of this month instead of July 10. As a reason for delay, installation of pay-boxes is named.

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