This policy brief addresses risks tied to Russian business ownership in Georgia. The concentration of this ownership in critical sectors such as electricity and communications makes Georgia vulnerable to risks of political influence, corruption, economic manipulation, espionage, sabotage, and sanctions evasion. To minimize these risks, it is recommended to establish a Foreign Direct Investment (FDI) screening mechanism for Russia-originating investments, acknowledge the risks in national security documents, and implement a critical infrastructure reform.

In October 2023, Georgian power plants generated 1,043 mln. kWh of electricity. This represents a 1% increase in the total generation compared to the previous year (in October 2022, the total generation was 1,034 mln. kWh). The rise in the generation on a yearly basis comes from an increase in thermal power generation by 179%, while the generation of wind and hydro power plants decreased by 11% and 30%, respectively.

In a landmark event held today, key stakeholders gathered to explore and introduce a groundbreaking

On 2 November, ISET hosted a public seminar ‘Poverty and Inequity: Worldwide and

Before the current insolvency reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet either creditors’ or debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.