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