First Informative Caucasian TV to continue broadcasting for Lithuanian money

The First Informative Caucasian TV Channel has been purchased by Lithuania’s Svisea, media.ge reports.

The Lithuanian company purchased 60% of its shares and will invest about $900,000 in its development.

Svisea owner Darius Yurgelevicus lives in Tbilisi. He was an advisor of Georgian former Prime Minister Vano Merabishvili.