December 30, 2011 - Present Vasil Kobaidze 100%
December 16, 2011 - Chemexim International Ltd 100%
August 17, 2007 - Holding Georgian Media Incorporated Ltd 100%
August 18, 1997 - Nikoloz Chkeidze 22%, Zurab Chelidze 41%, Levan Iashvili 15%, Dimitri Tvildiani 17%, David Zilphimiani 5%