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Number of Kyrgyz companies registered in Turkey in 10 months of 2019 disclosed

Türkiye Materials 28 November 2019 13:20 (UTC +04:00)
Number of Kyrgyz companies registered in Turkey in 10 months of 2019 disclosed

BAKU, Azerbaijan, Nov. 28

By Rufiz Hafizoglu - Trend:

From January through October 2019, seven companies with Kyrgyz capital were registered in Turkey, which is three companies fewer compared to the same period last year, Trend reports referring to the Union of Chambers and Commodity Exchanges of Turkey (TOBB).

The total capital of Kyrgyz companies registered in Turkey within the first 10 months of 2019 amounted to 416,000 Turkish liras ($72,182), while in the same period of 2018, this figure was 657,000 Turkish liras ($113,999).

In the first 10 months of 2019, most of the Kyrgyz companies were registered in Istanbul (five companies).

From January through October 2019, three wholesale and retail trade companies with Kyrgyz capital were registered in Turkey.

The remaining four companies are involved in other sectors of the economy

According to TOBB, the total capital of three wholesale and retail companies registered during the reported period amounted to 312,000 liras ($54,136).

(1 USD = 5.7632 on Nov. 28)

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Follow the author on Twitter: @rhafizoglu

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