In 2Q26, equity capital amounted to $210.5 million, which is 44.9% of total foreign direct investments. Reinvestment amounted to $300.5 million and its share was determined at 64.1%.According to preliminary data from Geostat, in 2Q26, China is in first place with $219.5 million, which is 46.8% of total foreign direct investments, the United Kingdom is in second place with $123.5 million (26.3%), and the United Arab Emirates is in third place with $47.7 million (10.2%).The share of the three largest investor countries is 83.3% of the total volume of investments.According to preliminary data from Geostat, in 2Q26, the largest amount of foreign direct investments was made in the financial and insurance activities sector and reached $207.6 million (44.3%). In second place is the real estate sector with $119.9 million (25.6%), and in third place is the manufacturing sector with $59 million (12.6%).The share of the three largest sectors (in terms of foreign direct investment) amounted to 82.4%.
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The value of output produced by the business sector also increased. In Q2 2026, output totaled GEL 25.7 billion, up 10.7% compared with the same period last year.According to Geostat, large businesses accounted for 69.8% of total business-sector turnover in the second quarter, while medium-sized businesses accounted for 11.6% and small businesses for 18.6%.The distribution was different in terms of total output. Large businesses accounted for 48.6% of output, medium-sized businesses for 23.6%, and small businesses for 27.8%.Meanwhile, enterprises purchased a total of GEL 32.5 billion worth of goods and services during the reporting period, 4.9% more than in the second quarter of 2025. Purchases of goods and services intended for resale amounted to GEL 19.4 billion, up 9.3% year-on-year.The average number of people employed in the business sector reached 828,400 in Q2 2026, an increase of 4.1% compared with the same period last year. Women accounted for 43.8% of total employment, while men accounted for 56.2%.Large businesses employed 42.6% of the total workforce, medium-sized businesses 19.7%, and small businesses 37.7%.The total number of employees hired during the reporting period stood at 768,600, up 3.1% year-on-year. Total personnel expenses amounted to GEL 5.8273 billion, an increase of 10.3% compared with the same period of 2025.The average monthly salary of employees in the business sector reached GEL 2,471.5 in the second quarter, GEL 153.8 higher than a year earlier. The average monthly salary for women stood at GEL 1,944.9.By business size, average monthly salaries were GEL 2,622.8 in large businesses, GEL 2,918.9 in medium-sized businesses, and GEL 1,972.3 in small businesses.Arts, entertainment and recreation accounted for the largest share of business-sector turnover in Q2 2026, at 36.5%. Wholesale and retail trade, including the repair of motor vehicles and motorcycles, ranked second with 32.4%.Manufacturing accounted for 8.1% of turnover, followed by transportation and storage at 4.8%, construction at 4.8%, and information and communication at 3.4%. The remaining sectors accounted for 10%.In terms of total output, manufacturing held the largest share at 20.5%, followed by trade at 18%, construction at 14.4%, transportation and storage at 9.8%, and information and communication at 8.9%. Other sectors collectively accounted for 28.4% of total output.Trade employed the largest share of the business-sector workforce in Q2 2026, at 29.5%, followed by manufacturing at 11.3% and human health and social work activities at 9.1%.Transportation and storage accounted for 8.1% of employment, construction for 7.6%, information and communication for 6.4%, and accommodation and food service activities for 5.7%, according to Geostat.
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According to official figures, the agency recorded 1,758 formal applications during the first eight months of the year, while incoming telephone enquiries surged to 5,367, representing a 110 per cent year-on-year increase compared to the same period in 2025.During the reporting period, GCCA rulings confirmed 227 instances of group consumer rights violations across 516 individual cases. Due to non-compliance with binding obligations under the GCCA, 114 traders were penalised in 268 cases, incurring total fines of GEL 289,663. In addition, 134 conditional commitment agreements were signed across 151 cases in favour of consumers. Under these agreements, traders undertook binding commitments to amend their internal operating policies and restore the rights of consumers potentially affected by past commercial practices.E-commerce accounted for the vast majority of consumer grievances, with 69 per cent of submitted applications concerning online purchases, compared to 31 per cent for in-store transactions. Geographically, Tbilisi generated the largest share of complaints at 81 per cent, followed by regional submissions from Adjara (6%), Imereti (3%), Kvemo Kartli (2%), Kakheti (2%), and Samegrelo-Zemo Svaneti (2%).Broken down by the nature of consumer requests, 707 applications sought monetary refunds; 393 concerned the repair or replacement of defective goods, 431 concerned the restoration of rights over faulty services, and 227 covered other miscellaneous issues. By industry sector, wholesale and retail trade dominated the statistics at 67 per cent, followed by transport and storage (11%), arts, entertainment, and recreation (3%), and other commercial activities (19%).
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During the reporting period, the GCCA received a total of 1508 applications and 4655 calls related to consumer rights protection-representing a 106% increase in the number of applications submitted compared to the corresponding period of the preceding year.Furthermore, during the reporting period, the Georgian Competition and Consumer Agency identified 204 violations of consumer group rights in 472 cases. Due to non-compliance with obligations imposed by the GCCA, 93 traders were fined in 221 cases, with total penalties amounting to 214 398 GEL. For consumer protection, 120 commitment agreements were signed in 139 cases, where traders committed to modifying their internal business policies and restoring the rights of affected consumers who suffered due to unfair business practices.According to the reporting period, 70% of submitted applications concerned online trading, while 30% related to in-person purchases. From a regional perspective, Tbilisi accounted for the largest share of applications 79%, followed by Adjara 6%, Imereti 4%, Kvemo Kartli 2%, Kakheti 2%, Samegrelo Zemo-Svaneti 2%, etc.As regards the subject matter of applications submitted during the first seven months of the current year, 628 concerned requests for reimbursement, 334 related to the repair or replacement of defective goods, 355 pertained to the restoration of rights in cases of deficient service provision, and the rest is 191. By sector, wholesale and retail trade accounted for the largest share at 70%, followed by transport and storage 12%, arts, entertainment and recreation 3%, and other activities 15%.
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The company attributes this growth to the increase in economic activity in the country and the number of new subscribers.In particular, as of June 2026, the number of Telasi subscribers increased by 4.5% (35.5 thousand subscribers) compared to the same period in 2025 and amounted to 833.4 thousand subscribers, of which 746.6 thousand are individuals, and 86.8 thousand are legal entities.During the same period, the total length of the company's power transmission lines amounted to 7,810 km, which is 7% (510 km) higher than the figure for the first six months of 2025. The total length of the company's power transmission lines increased as a result of network development, reconstruction and modernization works.
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The ministry stated that the new deadline has been set for February 1, 2031.“An amendment has been introduced to the Government of Georgia’s Decree No. 106, dated March 12, 2026, which regulates the prohibition of the manufacture, import, and market placement of certain plastic products intended for contact with food.Under this amendment, the deadline to enforce the ban on serving drinks in plastic bottles at catering venues has been extended by four years, with the new effective date established as February 1, 2031.Under the original March decree, the restriction was slated to take effect today, July 1, 2026. The decision to grant this extension was reached following supplementary consultations with the private sector, business associations, and other relevant stakeholders,” the Ministry of Environmental Protection and Agriculture stated.
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According to the organizers, the forum will become a platform for direct dialogue between the heads of state agencies and representatives of business circles of the two countries.The main goal of the event is to deepen bilateral cooperation, exchange experience in the investment field and expand trade and economic ties.Within the framework of the forum, the Uzbek side will present the country’s investment potential and familiarize foreign partners with the current legal environment, existing benefits for investors and state support mechanisms.Delegates will also learn about the priority areas of Uzbekistan's state policy related to improving the investment climate and protecting business rights.During the panel discussions and B2B meetings, special attention will be paid to the prospects for strategic partnerships in the fields of agriculture, the electrical industry, and the production of modern building materials.The forum participants will also discuss the prospects for implementing joint investment projects and developing new commercial opportunities.
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The authors of the legislative initiative are members of parliament: Shota Berekashvili, Giorgi Barvenashvili, Tornike Berekashvili, Anton Obolashvili and Mariam Lashkhi.According to the amendments, a new category of licenses will be introduced in a systematic-electronic form for the international organization of slot machines and totalizator games. The introduction of this framework will encourage the legal entry of gambling operators registered in other countries into Georgia. However, according to the draft law, only foreign citizens and stateless persons will have the right to play on these platforms, while Georgian citizens will be automatically banned from accessing the aforementioned Internet websites.According to the initiators, the state offers a tax break to online casinos intended only for foreigners - they will be taxed at a lower 5% gross profit tax (GGR) rate, instead of the 20% that standard online casinos available to Georgian citizens are taxed at. The monthly 5% tax rate will be charged on the difference between the bets received and the winnings paid out.In addition, each type of international permit will be issued for a period of 5 years and its annual fee will be set at 100,000 GEL. Violation of permit conditions or the deadline for payment of fees will be subject to a fine of 20,000 GEL. The draft law also tightens restrictions on Internet domains: if under the current rules, a maximum of 2 websites could be operated with 1 permit, the new law reduces the limit to 1 website per permit, and a transitional period will apply to existing permits for the remaining period of their validity.The explanatory note to the draft law emphasizes that, on the one hand, the reform will ensure the protection of Georgian citizens from harmful influences, and on the other hand, it will promote the growth of foreign direct investment, the development of the service sector, the entry of highly qualified technological and marketing personnel into the country, and the accumulation of additional revenues in the state budget.
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The legislative amendments were authored and initiated by Members of Parliament Paata Kvizhinadze, Irakli Kheladze, Bezhan Tsakadze, Zurab Rurua, Giorgi Barvenashvili, and Levan Machavariani.Under the new regulations, a transitional period will begin in 2027, during which the tax authority will exclusively register cash registers that meet the new standard. Meanwhile, businesses will be allowed to use previously registered older cash registers and terminals without interruption until May 1, 2028.The law stipulates that a single operator, selected by the Government of Georgia, will handle both the supply and subsequent technical maintenance of the new equipment. The government will determine the service fees and specific payment procedures at a later stage.While the core components of these legislative changes have already taken effect, the mandatory requirements of the new system will be phased in incrementally through 2027 and 2028.Penalties are also being tightened under the new framework. Operating without a cash register or failing to use one during customer transactions will result in a 200 GEL fine for business entities.
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The giant behind brands including Gillette and Pampers had continued to advertise with Imedi TV despite the company being flagged on the UK government sanctions list in February. An internal investigation carried out by John Brandon, a senior director and head of P&G’s European ethics and compliance office, led to the firm cancelling their business with the media company on Monday, City AM understands.A similar probe has been launched by Nestle, led by the company’s global head of legal Leanne Geale, City AM reported yesterday. Other global brands, including the commercial arm of the BBC, cut ties as soon as Imedi was listed as a sanctioned company by the Foreign Office.Procter & Gamble has faced criticism over its Russian operations since the start of the war in Ukraine. In February 2023 it was named as an “international sponsor of war” by Ukraine’s National Agency for Corruption Prevention despite scaling back its operations there, including discontinuing new capital investments and suspending its media, advertising, and promotional activity.The Georgian channel, founded in 2003 by tycoon Badri Patarkatsishvili, is listed on the official UK sanctions list and described as spreading “deliberately misleading information concerning Russia’s full-scale invasion of Ukraine.”Imedi TV “provides support for or promotes a policy or action which destabilises Ukraine or undermines or threatens the territorial integrity, sovereignty or independence of Ukraine,” the Foreign, Commonwealth and Development Office (FCDO) said.
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Europe’s geopolitical center is shifting eastward – Council of Europe...
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89.6% of the population uses the Internet, and 93.3% owns a mobile pho...
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Loan larization increased by 1% in 1 year
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The last week of summer on the LSE was successful for Georgian compani...
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The value of apartment sales in Tbilisi reached $2.5 BLN
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