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Georgia records rise in newly registered companies

Georgia Materials 11 May 2022 10:08 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, May 11. Some 9,114 new companies have been registered in Georgia in March 2022, Trend reports with the reference to Georgia’s National Statistics Office.

According to Geostat, the total number of new registered companies increased by 72 percent compared to the same month of the previous year.

In Georgia, such significant numbers of companies were not even registered before the COVID-19 pandemic.

For instance, a total number of newly listed companies amounted to 4,620 in March 2019.

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