LTD BARISAKHO v. GEORGIA
ფრაგმენტი
Published on 7 April 2025 FOURTH SECTIONApplication no. 54869/22LTD BARISAKHOagainst Georgialodged on 22 November 2022communicated on 18 March 2025SUBJECT MATTER OF THE CASEThe application concerns the expropriation of the applicant company’s land and buildings for the construction of a railway.The applicant company, Barisakho Ltd, has been operating a wood flooring and window factory since 1996. It owned a plot of non-agricultural land measuring 14,699.97 sq. m. with several factory buildings located on the property. After several failed attempts to settle the case, on 15 June 2011 8,587 sq. m. of the applicant company’s land, along with its buildings, were expropriated by the State for railway construction purposes. The applicant company was compensated with 622,704,12 Georgian Lari (“GEL”).The applicant company initiated civil proceedings arguing, among other things, that the compensa …
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