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Capital of Kazakh companies operating in Turkey revealed

Türkiye Materials 26 November 2020 16:05 (UTC +04:00)
Capital of Kazakh companies operating in Turkey revealed

BAKU, Azerbaijan, Nov. 26

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Twenty nine companies with Kazakh capital

The number of companies with Kazakh capital registered in Turkey stood at 29, for January through October 2020, which is by six companies less than in the same period of 2019, the Union of Chambers and Commodity Exchanges of Turkey (TOBB) told Trend.

During the reporting period, the total capital of Kazakh companies registered in Turkey reached 6.2 million liras ($779,305) from January through October 2020, as compared to 5.8 million liras ($520,000) in the same period of last year.

Meanwhile, most of the Kazakh companies were registered in Istanbul (17 companies) with a total capital of 4.7 million liras ($590,763).

Thirteen companies were engaged in wholesale and retail trade, five were construction companies and three were industrial companies.

The remaining three companies with Kazakh capital operate in other sectors of the economy, TOBB said.

(1 USD = 7.9558 TL on Nov. 26)

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