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1. NINE COMPANIES EXPRESSED INTEREST FOR CONSTRUCTION OF KUTAISI-ABASHA GAS MAIN SECTION
   (Daily News: June 25, 2012)

   Georgian Oil and Gas Corporation informed that 9 companies applied for the tender, announced on construction of 47-km Kutaisi-Abasha section of gas main. Among the companies are both Georgian and foreign companies.

2. “NEFTGAZTIKINTI TRUST” TO BUILD ABASHA-SENAKI SECTION OF GAS MAIN
   (Daily News: June 13, 2012)

   Georgian Oil and Gas Corporation informed that Abasha-Senaki 29-km section of gas main will be build by Azeri company Neftgaztikinti Trust. The Corporation signed cooperation agreement with this company yesterday.

3. 1,500 VOUCHERS TO BE ISSUED AT THE SECOND STAGE OF VOCATIONAL EDUCATION PROGRAM
   (Daily News: June 13, 2012)

   Ministry of Education and Science starts the second stage of issuing vouchers to seekers of vocational education. Now, 1,500 vouchers with value of 1,000 lari per each are planned to issue.

4. “SILKNET” OFFERED NEW PACKS IN REGIONS
   (Daily News: June 12, 2012)

   Communications operator SilkNet announced that new 7- and 10-lari packs are now available for private users of fixed network in regions.

   The company said that 5-lari pack was the only available in regions so far, except Kutaisi, where it made up 2.50 lari.

5. EPI SUPPORTS STAFF TRAINING FOR GARMENT INDUSTRY
   (Daily News: June 12, 2012)

   USAID-funded Economic Prosperity Initiative (EPI) envisages training of staff for garment industry. Such projects are implemented in Tbilisi, Batumi, Kutaisi and Ozurgeti.

6. “WIZZ AIR UKRAINE” TO START FLIGHTS TO GEORGIA
   (Daily News: June 4, 2012)

   Georgian Agency for Civil Aviation informed that low-budget Ukrainian carrier Wizz Air Ukraine will start flights to Georgia.

   The air company will perform flights between Kiev and Kutaisi from September, as soon as Kopitnari Airport is opened.

7. “SILKNET” ACCOUNTS FOR 76% OF THE MARKET IN TERMS OF DSL USERS’ NUMBER
   (Daily News: June 4, 2012)

   National Communication Commission reported that SilkNet accounted for 76% of the market in terms of DSL-subscribers’ number in 2011.

   This company had 155,012 DSL-subscribers by late 2011, increasing their number by 17.3% since the 1^st quarter of that year.

8. CDMA HAS MORE USERS THAN PSTN
   (Daily News: June 4, 2012)

   National Communication Commission reported that important change took place on fixed telephony market in 2011: number of users of wireless technologies (CDMA) exceeded number of subscribers of wired communications (public switched telephone network, PSTN).

   By the end of the 4^th quarter, number of CDMA subscribers made up 731,637, while of PSTN – 590,845.

9. “ALDAGI BCI”: LIABILITIES ON HOSPITAL SECTOR DEVELOPMENT PROJECT ARE FULFILLED
   (Daily News: May 29, 2012)

   Insurance company Aldagi BCI announced that its subsidiary My Family Clinic has fulfilled its liabilities on the hospital sector development project.

   The company opened yesterday medical center in Kutaisi (clinical hospital of Imereti region), which complies with international standards.

10. “SHITRIT GROUP GEORGIA” OPENED HOTEL IN KUTAISI
    (Daily News: May 29, 2012)

    Kutaisi City Hall reported that Shitrit Group Georgia completed construction of Empire Hotel in historical part of the city. Investment in the construction amounted to $$1.6 million.

11. Rezonansi: “METALLURGICAL MANIA SEIZED THE GOVERNMENT”
    (Economic Press Monitor: May 15, 2012)

    Administration of Samegrelo – Zemo Svaneti region reported that construction of metallurgical plant has been already launched in Senaki, which should be finished by 2013. Construction is conducting by French investors, who plan to invest 20 million lari on the first stage.

12. 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.

13. NUMBER OF “SOLO” CLIENTS OF “SAKARTVELOS BANKI” RAISED BY 50.6% DURING A YEAR
    (Daily News: May 11, 2012)

    Sakartvelos Banki (Bank of Georgia) reported that number of clients of its personal banking service SOLO made up 4,041 as of March 31, 2012. The number has increased by 50.6% (i.e. by 1,358 clients) year-on-year.

14. Rezonansi: “NGOS SAY, KUTAISI RESIDENTS HAVE TO PAY ENORMOUSLY HIGH WATER BILLS”
    (Economic Press Monitor: May 10, 2012)

    Zaza Kheladze, director of Kutaisi Scientific-Information Association Asa, notes that water tariff is being constantly increased, starting from 2007. In 2010, cost of 1 cubic m has reached 27 tetri, while now it makes up 49 tetri in Kutaisi.

15. ADDRESSING PROJECT IS TO BE IMPLEMENTED IN RUSTAVI AS WELL
    (Daily News: May 8, 2012)

    Ministry of Justice, implementing addressing project in Tbilisi, launches similar works in Rustavi as well. According to the Ministry’s Agency of Public Registry, the works will be implemented by company Meter, selected through tender.

16. “ALDAGI BCI” OPENED MEDICAL CENTER IN POTI
    (Daily News: May 4, 2012)

    My Family Clinic, subsidiary of insurance company Aldagi BCI, opened medical center in Poti within state program on hospital sector development.

    Investments in the new center with capacity of 70 beds amounted to 6 million lari.

17. Rezonansi: “THEY PLAN TO REVIVE DEAD FIZ WITH AMENDMENT TO LAW”
    (Economic Press Monitor: May 2, 2012)

    Amendments, drafted for law “On Free Industrial Zone”, release all enterprises of such zone (FIZ) from income tax. Until now, this privilege has applied to companies, having international status only.

18. AIR PASSENGERS TRAFFIC IN GEORGIAN AIRPORTS INCREASED BY 25%, WHILE CARGO SHIPMENT – BY 9%
    (Daily News: April 30, 2012)

    According to Georgian Civil Aviation Agency, airports of the country have transferred 247,450 passengers in the 1^st quarter. If compared with the same period of 2011, the figure is by 25.1% up.

19. Rezonansi: “IMMOVABLE PROPERTY “STARTED MOVING” ONLY IN SEVERAL REGIONS”
    (Economic Press Monitor: April 27, 2012)

    Expert Guram Palavandishvili estimates that price on real estate in Ajara has increased by 50%, if compared with the same period of previous year, and by 200%, if compared with 2008-2009. Cost of 1 square m in Batumi ranges within $2,500-3,000.

20. PILOT PROJECT ON MODERNIZATION OF OUTDOOR ILLUMINATION IMPLEMENTED IN KUTAISI
    (Daily News: April 26, 2012)

    JSC TELASI reported that Energy Efficiency Center of InterRAO EES (owner of TELASI), jointly with Energy Efficiency Georgia and Kutaisi Mayor Office, implemented pilot project on modernization of outdoor illumination in Kutaisi.

    Within the project, about 30 modern LED bulbs were installed on Agmashenebeli Avenue, being switched to automated system of energy counting, created specially for this project.

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