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Turkey sees 13.6 percent drop to 6,000 new companies

Staff Writer | April 21, 2017
The number of new businesses opened in Turkey was nearly 10 percent higher in March that in the previous month, the Turkish Union of Chambers and Commodity Exchanges (TOBB) said.
Turkey export
Turkish business   The Turkish Union of Chambers and Commodity Exchanges:
However, the launch of 6,075 new companies was a 13.6 percent year-on-year drop, TOBB said.

Foreign investors or partners were involved in 439 of the new firms, 181 of which involved Syrian nationals.

Last month saw 667 companies go out of business, 5.79 percent less than in March last year.


 

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