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Number of Kazakh companies slightly down in Turkey

Türkiye Materials 22 May 2019 13:07 (UTC +04:00)

Baku, Azerbaijan, May 22

By Rufiz Hafizoglu - Trend:

In January-April 2019, 10 companies with Kazakh capital were registered in Turkey, one less compared to the same period in 2018, Trend reports referring to the Union of Chambers and Commodity Exchanges of Turkey (TOBB).

The total capital of Kazakh companies registered in Turkey in January-April 2019 amounted to 1.2 million Turkish liras, while in the same period of 2018 this figure was 1.9 million Turkish liras.

In January-April 2019, the largest number of Kazakh companies were registered in Istanbul (6), whose capital amounted to 850,000 liras.

The remaining Kazakh companies registered in January-April 2019 fall to the share of other regions of the country.

In January-April 2019, one mining, two construction companies, five wholesale and retail companies with Kazakh capital were registered in Turkey. The rest were involved in other sectors of the economy.

The total capital of five wholesale and retail companies registered during the reported period amounted to 320,000 liras.

(1 USD = 6.0534 TRY on May 22)

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Follow the author on Twitter: @rhafizoglu

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