Russia's war in Ukraine, its controlling stake was owned by the Alfa Group, a group of sanctioned oligarchs Mikhail Fridman and Petr Aven. The company's operations were hampered by sanctions, and in order to save the brand, the Georgian government purchased a 7.73% stake in the group's shares.
The British Virgin Islands, which ranks tenth among the largest investing countries, are also considered offshore investments.
According to IDFI, Panama has been among the largest investor Singapore business fax list countries for years - the reason for this was Bidzina Ivanishvili's registration of part of his businesses in Panama. After Ivanishvili transferred assets to the Cartu Fund, investments from Panama decreased and, for example, if in 2019 they reached almost $80 million, in 2022 they decreased to $5.3 million, and in the first 9 months of this year only $77,300 was received from Panama.
Companies with the most investments in the first 9 months of 2024
(Companies are not ranked; information about the investor company and country is provided by Geostat; information about the ultimate owner is from the companies' financial statements)
Borjomi
and Telcell Wireless,