Tbilisi municipality Gymnastics Development Sports Center damaged after the June 13, 2015 tragedy was fully rehabilitated. Devastating Tbilisi tragedy of last year almost totally destroyed Gymnastics center building . VTB Bank funded restoration of the center with one million four hundred thousand Georgian Lari. Aforementioned funds financed rehabilitation and renovation works of the center building and procurement of sports equipment answering to all international standards. VTB Bank has been a General Sponsor to United Georgian Gymnastics Federation since 2014. The renovated Gymnastics Development Sports Center was named ‘’VTB ARENA’’.