In December 2005, SakCementi acquired 22% of Rustavi 2 from Khalvashi’s company Panorama. In that period Kibar Khalvashi was a friend of Defense Minister Irakli Okruashvili. Khalvashi’s company, Panorama Ltd, also acquired Nika Tabatadze’s 10% of shares in Rustavi 2 and Erosi Kitsmarishvili’s 30% of shares. On June 16, 2004, Paata Karsanidze, a businessman with no public profile, bought 60% of the debt-stricken Rustavi 2 (30% from Davit Dvali and 30% from Jarji Akimidze) only to sell his shares to Kibar Khalvashi the same day. One of the owners of the TV channel, Levan Karamanishvili is also an owner of the shares in a mobile operator Beeline.ĭuring 2004-2012 Rustavi 2 TV changed hands 20 times. The remaining 9% belongs to Giorgi Gegeshidze. 51% of Rustavi 2 TV is owned by TV Company Georgia, where Levan Karamanishvili owns 60% of shares and 40% belongs to Giorgi Karamanishvili. Levan Karamanishvili owns 22% of shares and Giorgi Karamanishvili – 18%. Since October 2012 the TV channel has been owned by brothers, Giorgi and Levan Karamanishvili. Rustavi 2 TV was founded in 1994 by Erosi Kitsmarishvili, Jarji Akimidze and Davit Dvali. It owns a B9 license.ĭuring the 2003 Rose Revolution, the TV channel became a key platform of alternative opinion for political opposition however, its editorial policy has changed following the Rose Revolution. Rustavi 2 broadcasting company was founded in the city of Rustavi in 1994 and it has gradually turned into national television.
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