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Which Companies Invested $125.4 mln in Georgia in Q1?

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BM.GE
09.06.21 15:00
1104
According to official data released by Geostat today, in the first quarter of 2021, only $125.4 million in foreign direct investment (FDI) entered Georgia, which is 28.3% less than the previous year. The largest amounts of FDI came from the United Kingdom ($ 88 million), Russia ($ 32.9 million), and Turkey ($24.1 million).
 
In the first quarter of 2021, the largest foreign direct investment was in the financial sector, reaching $ 93.9 million, followed by the energy sector with $ 35.5 million and the manufacturing sector with $ 27.9 million.
 
Which companies invested in the Georgian economy during the crisis? According to Geostat, the list of TOP-20 investor companies is as follows:
 
1. IDS Borjomi Georgia, Georgia Branch of IDS Borjomi Beverages Company;
2. Tbilisi Energy Ltd;
3. JSC Energo - Pro Georgia;
4. JSC Sakorggas;
5. JSC Corporation Poti Seaport;
6. Toyota Caucasus Ltd;
7. Adjara Energy Ltd-2007;
8. New Star Ltd;
9. CBD Development Ltd;
10. Rustavi Steel Ltd;
11. Enka Renewables Ltd;
12. Astoria Ltd;
13. Majid Al Futtaim Ltd. Hypermarket Georgia;
14. JSC Georgian Health Group;
15. JSC Bgeo Group;
16. Majorel Georgia Ltd;
17. JSC Energo-Pro Georgia Generation;
18. Ltd. GDG;
19. Welfare International Ltd;
20. 5m Inşaat Ltd
 
Note: Data is not sorted by rating.