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  • 22-12-19

    Newly established companies increase in Turkey by 10.2 percent

    (MENAFN) According to Turkey's top business union, the number of recently launched companies in Turkey increased 10.2 percent yearly in November.


    From 7,016 companies in November 2018, some 7,731 companies were established last month, according to data by Turkish Union of Chambers and Commodity Exchanges (TOBB).


    As many as 1,035 companies left business, indicating a yearly drp of 1 percent; as said by the union, the number of foreign-partnered or foreign-funded new companies decreased 23.8 percent on a yearly basis to 984.


    The TOBB data showed that, between January and November, 76,253 new companies were launched in Turkey, a yearly decrease of 3.4 percent.

    MENAFN2212201900450000ID1099459186

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