Armenian Prime Minister Nikol Pashinyan has said Yerevan does not rule out taking its dispute with Russia over the management of the South Caucasus Railway to an international court if the issue cannot be resolved through negotiations. At the same time, he stressed that the Armenian authorities hope to settle the matter through talks.
Since 2022, after the start of the "SVO", many Russians have left for Georgia. Since then, they have opened over 30 thousand companies and individual entrepreneurs in small and medium businesses. In total, more than 37 thousand legal entities owned by Russian citizens operate in Georgia.
Of the registered companies, 20,885 have an active status. Their main areas of activity include energy, telecommunications, industry, and gambling.
According to the Institute for the Development of Freedom of Information (IDFI), large Russian companies often enter the Georgian economy through offshore companies, which makes it difficult to track them. Registration in most cases occurs with a fictitious address.
"One of the legal addresses (where 1,467 individual entrepreneurs are registered) is actually an unused garbage container of a residential building," the study says.