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Number of Iranian companies registered in Turkey increases

Business Materials 29 August 2018 18:26 (UTC +04:00)

Baku, Azerbaijan, Aug. 29

By Rufiz Hafizoglu - Trend:

Some 543 companies with Iranian capital were registered in Turkey in July 2018, which is 381 companies more than in July 2017, the Turkish Union of Chambers and Commodity Exchanges (TOBB) told Trend Aug. 29.

The total capital of Iranian companies registered in July 2018 amounted to 72.6 million liras, while this figure was 13.9 million liras in July 2017.

Meanwhile, 9,034 companies were registered in Turkey in July 2018, which is 30.84 percent more than in the same month of 2017.

The biggest number of companies (3,657) was registered in Istanbul, while 813 companies were registered in Ankara in July 2018.

Moreover, 1,958 companies closed in July 2018.

(1 USD = 6.2298 TRY on Aug. 29)

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Follow the author on Twitter: @rhafizoglu

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