Turkey says less companies registered from Central Asia
Baku, Azerbaijan, March 26
By Rufiz Hafizoglu – Trend:
Sixteen companies with capital from Central Asian countries (Turkmenistan, Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan) were registered in Turkey in February 2018, that is three companies less than in the same period of 2017, according to a report of the Union of Chambers and Commodity Exchanges of Turkey (TOBB).
The report says the total capital of Central Asian companies registered in February 2018 totaled 991,500 Turkish liras as compared to 1.03 million Turkish liras in the same period of 2017.
In February, two Turkmen companies with capital of 520,000 liras, three Kyrgyz companies with capital of 225,000 liras, five Uzbek companies with capital of 45,000 liras, five Kazakh companies with capital of 180,000 liras, and three Tajik companies with capital of 21,500 liras were registered in Turkey, according to the report.
In total, 58,422 foreign companies were registered in Turkey in 2017.
The number of German companies registered in Turkey stood at 428, Syrian companies – 256, Iranian companies – 231, Russian companies – 146 in 2017. The remaining 57,225 companies accounted for other countries.
The number of foreign companies registered in Turkey rose by 14.38 percent in 2017 as compared to 2016.
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