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Number of Georgian companies registered in Turkey decreases

Türkiye Materials 2 December 2020 12:53 (UTC +04:00)
Number of Georgian companies registered in Turkey decreases

BAKU, Azerbaijan, Dec. 2

Trend:

As many as 37 companies with Georgian capital were registered in Turkey from January through October 2020, which is 16 companies more compared to the same period of 2019, the Turkish Chamber of Commerce and Industry (TOBB) told Trend.

The total capital of Georgian companies registered in Turkey in the reporting period amounted to 932,000 Turkish liras ($118,646), while in the same period of last year - 3.1 million liras ($394,638).

According to the TOBB, most of the Georgian companies in the mentioned period were registered in Antalya (34 companies) with a total capital of 717,000 liras ($91,275).

At the same time, 2 industrial, as well as 35 wholesale and retail trade companies with Georgian capital were registered in Turkey, the TOBB said.

(1 USD = 7.8553 TRY on Dec. 2)

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