TBILISI - Georgia registered 418 companies with Azerbaijani investment in the first nine months of 2026, including 47 in September, according to data from the National Statistics Office of Georgia.
The figures, reported by Vesti Baku and independently carried by APA, point to continued business formation involving Azerbaijani capital in the neighboring country.
Overall, 17,051 companies with foreign investment were established in Georgia from January through September, a 15% increase from the same period in 2025.
Russia Leads Foreign-Invested Registrations
Russia accounted for the largest number of newly registered companies with foreign investment, at 7,025. Ukraine followed with 2,128, Belarus with 1,283, Turkey with 684 and India with 565.
The registration data do not disclose how much capital was invested. They also do not show whether every newly registered company has begun full operations, how many jobs the businesses created or what revenue they generated.