Turkish city where most of Turkmen companies operate named
Baku, Azerbaijan, Sept. 30
By Rufiz Hafizoglu - Trend:
In January-August 2019, most of Turkmen companies in Turkey (30 enterprises with a total capital of 4.565 million Turkish liras) were registered in Istanbul , Trend reports referring to Union of Chambers and Commodity Exchanges of Turkey (TOBB).
In January-August 2019, 34 companies with Turkmen capital were registered in Turkey, which is three companies more compared to the same period last year.
The total capital of Turkmen companies registered in Turkey in the first eight months of 2019 amounted to 5.689 million Turkish liras, while in the same period of 2018 it was 4.588 million Turkish liras.
According to TOBB, in January-August 2019, two industrial, two construction, two travel, and 18 wholesale and retail trade companies with Turkmen capital were registered in Turkey. The remaining 10 Turkmen companies operate in other sectors of the economy.
The total capital of 18 Turkmen companies involved in the wholesale and retail trade registered during the reported period amounted to 3.905 million liras.
(1 USD = 5.6693 TRY on Sept. 30)
Follow the author on Twitter: @rhafizoglu