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Some 107 Azerbaijani companies opened in Turkey in 2010

Business Materials 24 November 2010 10:56 (UTC +04:00)
For the first 10 months of this year 107 Azerbaijani companies, 124 Russian, 239 German and 276 Iranian companies were established in Turkey, IRNA agency reported on Tuesday.

Azerbaijan, Baku, Nov. 24 / Trend A. Yusifzade /

For the first 10 months of this year 107 Azerbaijani companies, 124 Russian, 239 German and 276 Iranian companies were established in Turkey, IRNA agency reported on Tuesday.

In October, the number of companies established in Turkey, increased by 3,678 units, to 11.16 percent compared to September. For the first 10 months of this year the number of companies increased by 18.3 percent to 43,633 units.

In October 216 companies with foreign capital were established in Turkey, 46 of which were Iranian, 26 - German.

In order to attract foreign investments and organize the system of free entrepreneurship in accordance with the existing law, in Turkey, the foreign investors are fully provided with the same rights as the national capital. Equity participation of foreign investors is not restricted in any form.

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