__.__.1938
foundation as Sapekhburto Klubi Metallurgi Zestaponi
__.__.1990
new foundation as Sapekhburto Klubi Margveti Zestaponi
__.__.1998
dissolution due to financial problems
__.__.1999
new foundation as Sapekhburto Klubi Metallurgi Zestaponi
__.__.2004
dissolution due to financial problems
__.__.2006
new foundation as Sapekhburto Klubi Margveti-2006 Zestaponi