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Turkey: More than 10,000 new companies registered in October

 

In October, 10,260 new companies registered in Turkey and started new businesses.

According to the Turkish Union of Chambers and Commodity Exchange, the registration of new companies has decreased by 3.23% compared to October last year. One thousand 261 companies closed their business this month. The number of companies closing down is 5.71% higher than the same period last year.

In October, 1,123 companies were set up with the participation of foreign investors. 159 cooperative companies were also opened.

A total of 84,172 new companies were registered in the first ten months of this year. This is 22.84% more than last year. From January to October, 11,390 companies closed. The number of companies closing down is 10.15% higher than last year.

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