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Number of Georgian companies registered in Turkey up

Türkiye Materials 25 March 2020 14:41 (UTC +04:00)
Number of Georgian companies registered in Turkey up

BAKU, Azerbaijan, March 25

By Rufiz Hafizoglu – Trend:

Seven companies with Georgian capital were registered in Turkey from January through February 2020, which is six companies more compared to the same period in 2019, the Union of Chambers and Commodity Exchanges of Turkey told Trend.

The total capital of Georgian companies registered in Turkey in from January through February of this year amounted to 195,000 Turkish liras, while for the same period in 2019, this figure amounted to 100,000 Turkish liras.

Most Georgian companies were registered in Istanbul (five companies), with a combined capital of 130,000 Turkish liras from January through February 2020.

All Georgian companies registered in Turkey during the reporting period are involved in the wholesale and retail trade.

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Follow the author on Twitter: @rhafizoglu

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