Baku, Azerbaijan, Dec. 26
By Rufiz Hafizoglu - Trend:
In November 2018, 971 companies with Iranian capital were registered in Turkey, which is threefold more compared to the same month of 2017, the Turkish Union of Chambers and Commodity Exchanges (TOBB) told Trend.
The total capital of Iranian companies registered in November amounted to 140 million Turkish liras, while in November 2017, the total capital of registered Iranian companies amounted to 27.2 million Turkish liras, TOBB noted.
In the first 11 months of 2018, 74 Iranian joint stock companies with a total capital of 7.8 million Turkish liras were registered in Turkey.
For comparison, in January-November 2017, 46 Iranian joint stock companies with a total capital of 6.6 million Turkish liras were registered.
In total, in November 2018, 7,016 companies and 94 cooperatives were registered in Turkey. The number of companies registered in the country increased by 1.87 percent, and while the number of the cooperatives went up by 18.99 percent compared to November 2017.
Istanbul accounted for 42.11 percent of all companies and cooperatives registered in November.
TOBB also noted that in January-November 2018, some 78,923 companies and cooperatives were registered in Turkey.
TOBB noted that the number of closed companies decreased by 8.58 percent and the number of closed cooperatives decreased by 13.9 percent in the 11 months of 2018.
(1 USD = 5.3130 TRY on Dec. 26)
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