Azernews.Az

Monday, November 2, 2026

Over 150 firms with Azerbaijani capital set up in Turkey

21 December 2012 17:27 (UTC+04:00)
Over 150 firms with Azerbaijani capital set up in Turkey

The number of registered companies in Turkey increased by 11.61 per cent in November compared to the previous month, reaching 5200, a report from the Union of Chambers of Commerce of Turkey published on its website on Friday says, Trend news agency reported.

The total number of businesses closed during the aforementioned period increased by 10.93 per cent compared to the previous month.

Compared to November 2011, the total number of registered enterprises decreased by 4.9 per cent.

According to the report, the number of closed facilities during the year increased by 48.38 per cent.

1400 companies with foreign investors were established in November. Of these,732 were set up with the participation of Iranian investments, 300 with German investments and 153 with Azerbaijani investments.

In November, 42 per cent of companies registered for activities in Istanbul, 10.5 per cent in Ankara and 6.2 per cent in Izmir.

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more