As per Sakstat preliminary data, FDI volume made in Georgia in the second quarter amounted to $574.3 million that is 10.3% more than the adjusted data of the second quarter of 2023.
Commersant offers companies which were the most heavily invested in the second quarter (the list is not sorted by rating):
Name |
Sector |
Investor |
IDS Borjomi Georgia, Georgian branch of IDS Borjomi Beverages Company Ltd.Processing industry |
Processing industry |
The Netherlands |
Black Sea Terminal LtdTransportation and storage |
Transportation and storage |
Azerbaijan |
GeoSteel LtdProcessing industry |
Processing industry |
Virgin Islands, Great Britain / Netherlands |
JSC Mina |
Processing industry |
Turkey // United Kingdom |
Toyota Caucasus LLCAdjara Textile Ltd |
Wholesale and retail trade; Car and motorcycle repair |
Japan |
Adjara Textile Ltd |
Processing industry |
Turkey |
Silk Road Group Holding Ltd |
Financial and insurance activities |
Malta |
JSC Georgia Global Utilities |
Financial and insurance activities |
Spain |
JSC BGEO Group |
Financial and insurance activities |
UK |
SOCAR Midstream Operation LLC - Georgia branch |
Transport and storage |
Azerbaijan |
It’s worth mentioning that there has been significant change in the ranking. Only three of the top investors of 2023 - "Borjomi", "Toyota" and "BGO Group" were included in the ranking.
The companies with the largest investments in 2023 are as follows (the list is not sorted by ranking):
Name |
Sector |
Investor |
JSC Telasi |
Energy |
The Netherlands |
IDS Borjomi Georgia, Georgian branch of IDS Borjomi Beverages Company Ltd. |
Processing industry |
The Netherlands |
Magticom Ltd |
Information and communication |
USA |
Tbilisi Energy Ltd |
Energy, utility services |
The Marshall Islands |
HeidelbergCement Georgia Ltd |
Processing industry |
The Netherlands |
Toyota Caucasus LLC |
Wholesale and retail trade; Import of cars and motorcycles |
Japan |
JSC Georgia Global Utilities (Owner of GWP) |
Financial and insurance activities |
Spain |
JSC BGO Group |
Financial and insurance activities |
UK |
Excelus Holdings LLC (Owner of Rustavi Azot) |
Financial and insurance activities |
The Netherlands |
JSC Pontus (Pontus Development) |
Insurance activities and development |
Russia |