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Newly founded companies in Turkey increase 15 percent
(MENAFN)According to the country's top trade body, the amount of newly founded companies in Turkey increased 15 percent annual in the first three months of the current year.
About 32,064 companies were established this January-March, increased from 27,908 a year ago, stated a Union of Chambers and Commodity Exchanges of Turkey (TOBB) report.
Some 2,694 firms went out of business in the first quarter of the current year, a number dropped 27.3 percent, in comparison with the previous year same time span.
A total amount of 3,218 foreign-partnered or foreign-funded new companies were inaugurated in the month.
About 32,064 companies were established this January-March, increased from 27,908 a year ago, stated a Union of Chambers and Commodity Exchanges of Turkey (TOBB) report.
Some 2,694 firms went out of business in the first quarter of the current year, a number dropped 27.3 percent, in comparison with the previous year same time span.
A total amount of 3,218 foreign-partnered or foreign-funded new companies were inaugurated in the month.
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