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1. “TELASI” ACQUIRED ENERGY OF 91.6M LARI IN 2010
   (Daily News: May 17, 2011)

   JSC TELASI (Tbilisi energy distributor) reported that energy expenses made up 91.6 million lari in 2010. If compared with 2009, these costs decreased by 4.5%.

2. “TELASI” PAID CREDIT OF “VTB BANK GEORGIA” THROUGH EBRD FUNDING
   (Daily News: May 17, 2011)

   According to financial report of JSC TELASI (Tbilisi energy distributor), the company directed credit, allotted by EBRD, for payment of credit of VTB Bank Georgia. In particular, the company paid $12.83 million for that end.

3. “AIR ASTANA” AND “CHINA SOUTHERN AIRLINES” TO LAUNCH FLIGHTS TO GEORGIA
   (Daily News: May 17, 2011)

   TAV Georgia, managing company of Tbilisi and Batumi airports, reported that after held negotiations, 2 new air companies will start regular flights to Georgia.

   From June 2, Kazakh company Air Astana will start Almaty-Tbilisi-Almaty flights.

4. IDLE JSC “AMALTHEA” FIXED PROFIT IN 2010
   (Daily News: May 16, 2011)

   JSC Amalthea (dairy producer, located in Didube district of Tbilisi) reported on profit of 179,741 lari in 2010. While in 2009, the JSC had loss of 3,464 lari.

5. “TELASI” MADE INVESTMENTS OF $79.9M IN 2007-2010
   (Daily News: May 16, 2011)

   According to financial report of the JSC TELASI, investments of this Tbilisi energy distributor amounted to $79.9 million in 2007-2010.

   The company’s spending for fixed and intangible assets acquisition increased by 6.8% in 2010, making up 28.1 million lari.

6. “TELASI” FINISHED 2010 WITH PROFIT OF 48.8M LARI
   (Daily News: May 16, 2011)

   According to the financial report of JSC TELASI (Tbilisi energy distributor), its profit amounted to 48.4 million lari in 2010. In 2009, the JSC had loss of 2.2 million lari instead.

7. KUTAISI DEFINED AS THE ONLY LOCATION FOR THE PARLIAMENT
   (Daily News: May 16, 2011)

   The draft amendments to Georgian Constitution define Kutaisi as the only locating place for the Parliament after the parliamentary elections in October 2012. The government-drafted amendments were presented at the meeting of the Parliament’s bureau today.

8. “COWI” TO STUDY TERRITORY RELEASED AFTER TBILISI BYPASS RAILWAY CONSTRUCTION
   (Daily News: May 13, 2011)

   LLC Georgian Railway announced that Danish consulting company COWI will conduct during 6 months study of territory, released in Tbilisi center after construction of bypass railway. The company was selected through tender.

9. ACTUAL TOPIC: STATE PROCUREMENTS ONLINE
   (Daily News: May 13, 2011)

   There are already several months passed since start of holding online tenders on state procurements. Head of the State Procurements Agency Tato Urjumelashvili comments on the mentioned process to Sarke.

10. UP TO 25 CZECH COMPANIES TAKE PART IN GEORGIAN-CZECH BUSINESS-FORUM
    (Daily News: May 13, 2011)

    Up to 25 Czech companies participate in Georgian-Czech business forum, started in Tbilisi today. These companies represent such spheres as insurance, construction, investment, pharmaceutical, household, farming machinery manufacturing, etc.

11. Rezonansi: “ONE AND A HALF MILLION DOLLARS TO RECEIVE THE RIGHT ON AMERICAN WEAPONS”
    (Economic Press Monitor: May 13, 2011)

    In 2010, official Tbilisi paid $1.5 million to 4 lobbying companies. Yet, Georgia could not reach Washington’s consent on the supply of arms, the newspaper reports.

12. “DEXUS” COMPLETED CONSTRUCTION OF COMPLEX ON KHOSHARAULI STREET IN TBILISI
    (Daily News: May 11, 2011)

    Company Dexus announced about opening of multipurpose complex on Khosharauli Street of Tbilisi, combining residential space and trade facilities. The construction, which was suspended for years, was resumed in October 2010.

13. CENTRAL OFFICE OF “TBC BANK” TO BE CLOSED FOR SEVERAL MONTHS
    (Daily News: May 11, 2011)

    Central office of TBC Bank, located on Chavchavadze Avenue (Vake district of Tbilisi), is closed because of repair works.

    As TBC Bank said, the office does not comply with new standards.

14. Bankebi da Finansebi: “WHOSE “MULTIPLEX SOLUTIONS” IS AND HOW LLC “TBILISI WATER” HAS APPEARED UNDER ITS MANAGEMENT”
    (Economic Press Monitor: May 11, 2011)

    The newspaper recalls privatization process of LLC Tbilisi Water (Tbilisi water company) and tries to find out identity of its current holder, MultiPlex Solutions.

    As the newspaper notes, despite the public statements about the ongoing privatization, fairness of winner company’s selection remains vague for the public.

15. Bankebi da Finansebi: “PARLIAMENT BUILDING FOR SALE – PRICE IS NEGOTIABLE”
    (Economic Press Monitor: May 11, 2011)

    According to the spread information, privatization is planned for building of the Georgian Parliament, which is located on Rustaveli Avenue of Tbilisi. The building was built at the place of former cathedral in 1953 and now it is considered a landmark.

16. “SILKNET” TO OPEN 5 SERVICE-CENTERS IN TBILISI
    (Daily News: May 10, 2011)

    Giorgi Gugunishvili, director general of JSC SilkNet, told Sarke that this fixed communication operator is going to open 5 new service-centers in Tbilisi this year. Plans regarding regions will depend on demand, he noted.

17. “CAUCASUS ONLINE” REGISTERS PROPERTY RIGHT ON UNDERGROUND COMMUNICATION INFRASTRUCTURE
    (Daily News: May 10, 2011)

    Tbilisi City Hall reported that internet service provider Caucasus Online had registered already 11 points in Tbilisi within its action on registration of property right on underground communication infrastructure. After registration, the company will have right to sell property and give it in rent.

18. NETWORK OF “DELTACOMM” IN KAKHETI AND SAMTSKHE-JAVAKHETI WILL HAVE 15 DISTRICT HUBS
    (Daily News: May 10, 2011)

    Paata Kikodze, director general of DeltaComm, declared to Sarke that network of the company in Kakheti and Samtskhe-Javakheti regions will have 15 district hubs.

    Kikodze said that the matter concerns fiber-optical cable with total length of 500-600 km, which laying will cost “several millions of dollars”.

19. NEW SYSTEM OF HISTORIC BURIAL’S PROTECTION TO BE DEVELOPED
    (Daily News: May 10, 2011)

    Georgian Ministry of Energy and Natural Resources reported about plans on perfection of nuclear waste’s historic burial, located near Tbilisi.

    The project will be funded through grant of the UK Department of Energy And Climate Change, alloted through International Atomic Energy Agency.

20. Rezonansi: “THE “BILLIONAIRE” GOVERNMENT AND SOCIETY NOURISHED WITH FALSE MEMORANDUMS”
    (Economic Press Monitor: May 10, 2011)

    The government got tired with expectations of promised billions from Egypt, Arabia and Kazakhstan and changed its direction, the newspaper says. Now, the country expects investments from Korea.

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