BAKU, Azerbaijan, April 29. A total of 50 companies with Azerbaijani capital were registered in Türkiye from January through March 2024, which is 19 companies less than in the same period of 2023, Trend reports.
The information notes that during the reporting period, along with the decrease in the number of registered Azerbaijani companies, their total capital also decreased.
"If during the reporting period, the total capital of Azerbaijani companies registered in Türkiye amounted to 28.5 million Turkish liras, this figure was 70.5 million Turkish liras for the same period in 2023," the information says.
The information also noted that from January through March 2024, the majority of Azerbaijani companies were registered in Istanbul (42).
"The total capital of Azerbaijani companies registered in Istanbul amounted to 26.1 million Turkish liras," the information noted.
To note, 26 trading companies with Azerbaijani capital were registered in Türkiye from January through March 2024.
The rest of the companies are involved in other sectors of the economy.
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