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Number of registered Chinese companies decreases in Turkey

Business Materials 23 April 2018 11:50 (UTC +04:00)
Number of registered Chinese companies decreases in Turkey

Baku, Azerbaijan, April 23

By Rufiz Hafizoglu - Trend:

In March 2018, 13 companies with Chinese capital were registered in Turkey, which is by eight companies less than in the same period of 2017, the Chamber of Commerce of Turkey (TOBB) told Trend.

Trend was told that the total capital of registered Chinese companies in March 2018 amounted to 7,969 million Turkish liras, while in March 2017 the total capital of registered Chinese companies amounted to 4,205 million Turkish liras.

"At the end of March 2018, 10,888 thousand companies were registered in Turkey, which is 22.9 percent more compared to March 2017," TOBB said.

In 2017, 58 422 foreign companies were registered in Turkey.

At the end of 2017, the number of registered German companies equaled to 428, Syrian - 256, Iranian - 231, Russian - 146. The remaining 57,225 companies fall to the share of other countries.

The official exchange rate as of 0April 23 is 4.0405 TL/USD.

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