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1. LLC “TOBE” LAUNCHED COOPERATION WITH CHINESE COMPANY “FANG LI & INDUSTRIAL”
   (Daily News: April 6, 2010)

   Tengiz Chikhradze, director general of LLC Tobe (concrete and ferroconcrete producer), declared to Sarke that the company has started cooperation with Chinese Fang Li & Industrial these days.

   To note, this Chinese company, which signed a memorandum with Georgian government in September 2009, implements project on creation of free industrial zone in Kutaisi.

2. Rezonansi: “WE DO NOT SELL PRODUCTS ON GEORGIAN MARKET, AIMING TO AVOID HARM FOR GEORGIAN ECONOMY”
   (Economic Press Monitor: March 31, 2010)

   Mikheil Tigishvili, president of Georgia International Holding, director of Kutaisi free industrial zone and representative of investor of the zone in Georgia, Egyptian company Fresh, declared to the newspaper that the enterprice would be fully launched in the zone in August. The plant uses 70% of its capacity by this stage.

3. REHABILITATION OF SURAMI-ITRIA AND KUTAISI-TKIBULI-AMBROLAURI ROAD SECTIONS TO BE IMPLEMENTED THROUGH WORLD BANK’S CREDIT
   (Daily News: April 1, 2010)

   Motor-Road Department reports about rehabilitation, which should be made on Surami-Itria and Kutaisi-Tkibuli-Ambrolauri sections of roads of local importance. Terms of work fulfillment is defined by 17 months.

4. JSC “SAKKABELI” POSTPONED CABLE EXPORT TO ARMENIA
   (Daily News: March 31, 2010)

   Edisher Mamaladze, chairman of supervision board in JSC Sakkabeli (Georgian Cable), has declared to Sarke that the company has suspended start of cable export to Armenia. To remind, export was planned to be started in the first months of 2010.

5. GEORGIA TO START ISSUANCE OF BIOMETRIC PASSPORTS
   (Daily News: March 31, 2010)

   Georgian Agency of Civil Register reports that applications on biometric passports will be received from April 15. Validity of such passport will be 10 years, while its cost – 100 lari.

6. UKRAINIAN “WINDROSE” TO INCREASE ROUTES NUMBER AND FLIGHTS FREQUENCY TO GEORGIA
   (Daily News: March 30, 2010)

   Ukrainian air company Windrose announced plans on increase its Kiev-Kutaisi flights frequency from May. Namely, flights will be made twice a week by Embraer-195.

7. “SILKNET” TO DISMOUNT NON-SERVICEABLE CABLES
   (Daily News: March 25, 2010)

   LLC SilkNet invites bids for dismantling of backbone cables, existing on its balance sheet, but being unserviceable actually.

   The service envisages digging, cables’ dismounting, their transportation to warehouse, provision with guards and putting dug sections into initial state.

8. “SILKNET” AND “MAGTI” TO PROVIDE TELEPHONE SERVICE TO NBG
   (Daily News: March 25, 2010)

   National Bank of Georgia (NBG) announced LLC SilkNet (former United Telecom) and LLC Magti winners of tender on telephone service. The tender was announced in 3 lots with expected cost of 420,500 lari.

9. JSC “ENERGOPRO GEORGIA” INSTALLS INDIVIDUAL METERS IN KUTAISI, BAGHDADI, TSAGERI AND LENTEKHI
   (Daily News: March 23, 2010)

   JSC EnergoPro Georgia reports that it will install individual meters to 3,490 subscribers of Kutaisi (GumatHES settlement), Bagdati, Tsageri and Lentekhi. The company allotted 1 million lari for that end.

10. REGIONS TO BE SWITCHED IN “SILKNET” CENTRAL BILLING SYSTEM
    (Daily News: March 19, 2010)

    LLC SilkNet informs that its central billing system has been launched in Sagarejo (Kakheti region) recently. As a result, 1,200 subscribers of Sagarejo will be able to pay bills in commercial banks free of charge.

11. BRIDGE ON RIVER TSKHENISTSKALI TO BE REHABILITATED
    (Daily News: March 18, 2010)

    Motor-Road Department announced tender on rehabilitation of bridge on river Tskhenistskali (western part of Georgia). Expected cost of works is 1.4 million lari.

12. TRADES WITH SHARES OF JSC “KUTAISI CAR PLANT” SUSPENDED
    (Daily News: March 18, 2010)

    Georgian Stock Exchange reported that trades on shares of JSC Kutaisi Car Plant are suspended since today.

    Stock Exchange told Sarke that the decision was caused by cancellation of contract between the company and registrar.

13. “TBC BANK” ISSUES CREDITS WITHIN EBRD’S ENERGY EFFICIENCY PROJECT IN 4 CITIES
    (Daily News: March 17, 2010)

    TBC Bank reported that it issues consumer credits within energy efficiency project of EBRD in regions as well. The matter concerns Kutaisi, Batumi and Poti.

14. KUTAISI CITY HALL INVITES BIDS FOR OUTDOOR ILLUMINATIONS
    (Daily News: March 10, 2010)

    Kutaisi City Hall invites bids for capital works on outdoor illuminations. Expected cost of service procurement is 1.5 million lari.

15. “MOBITEL” TO RUN SERVICE-CENTER IN MARNEULI
    (Daily News: March 10, 2010)

    Mobile communication operator LLC Mobitel (Beeline brand) reports that it will start service-center in Marneuli (Kvemo Kartli region) tomorrow.

    In total, Mobitel runs 50 service-centers.

16. Rezonansi: “ELECTION BREEZE BEGAN TO BLOW IN REGIONS AS WELL”
    (Economic Press Monitor: March 5, 2010)

    According to Kakheti governor Giorgi Gviniashvili, 32 million lari will be spent in 2010 for various projects in the region. In particular, project on water supply rehabilitation will be finished this year, while road construction and program on village support will be continued.

17. WATER SUPPLY AND SEWERAGE REHABILITATION ACCOUNTED FOR 42% OF MUNICIPAL DEVELOPMENT FUND’S PROJECTS IN 2009
    (Daily News: March 2, 2010)

    Regional Development and Infrastructure Ministry reported that total cost of projects, implemented by Municipal Development Fund in 2009, amounted to 422 million lari.

    Of which, more than 42% (179 million lari) accounted for projects on water supply and sewerage rehabilitation in Poti, Kutaisi, Kobuleti, Bakuriani and Borjomi.

18. “CREDITPLUS” FINISHED 2009 WITH PROFIT OF 70,350 LARI
    (Daily News: February 24, 2010)

    Micro-financial organization LLC CreditPlus reported net profit of 70,350 lari for 2009. To note, the organization was founded in August 2009.

19. COMPANY “GEORGIAN GREENS” ALMOST CANCELED OPERATION
    (Daily News: February 18, 2010)

    Georgian Greens practically canceled operation, representative of the company Gulnara Khikhadze told Sarke. She said that the reason was strong storm, which damaged greenhouses in Kutaisi (Imereti region) last year.

20. “CRYSTAL” STARTED USING $1M, ALLOTTED THROUGH USAID GUARANTY
    (Daily News: February 17, 2010)

    Micro-financial organization Crystal told Sarke that it had already received the first tranche of $300,000 out of TBC Bank’s loan of $1 million. The organization will receive the rest sum until the end of the 1^st quarter.

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