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More Israeli companies pass registration in Turkey

Türkiye Materials 27 September 2019 19:52 (UTC +04:00)

Baku, Azerbaijan, Sept. 27

By Rufiz Hafizoglu - Trend:

In January-August 2019, 34 companies with Israeli capital were registered in Turkey, which is 13 companies more compared to January-August 2018, Trend reports referring to Union of Chambers and Commodity Exchanges of Turkey (TOBB).

The total capital of Israeli companies registered in Turkey in January-August 2019 amounted to 5.772 million Turkish liras, while in the same period of 2018, this figure amounted to 12.600 million Turkish liras.

Most of the Israeli companies were registered in Istanbul (31 companies) with a total capital of 5.238 million Turkish liras. During this period, two companies with Israeli capital were registered in Antalya province, while one was registered in Mersin.

In January-August 2019, one mining, two industrial, two construction, 16 wholesale and retail companies with Israeli capital were registered in Turkey.. The remaining 10 Israeli companies operate in other sectors of the economy.

According to TOBB, the total capital of 16 wholesale and retail companies registered during the reported period amounted to 3.225 million liras.

(1 USD = 5.6761 TL on Sept. 27)

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Follow the author on Twitter: @rhafizoglu

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