Turkey: New firm inauguration increases


(MENAFN)The country's top deal body stated on Friday, April 16 that the number of recently founded firms in Turkey increased 15 percent year-on-year in the first quarter of 2021.
A Union of Chambers and Commodity Exchanges of Turkey (TOBB) statement revealed that 32,064 firms were shaped this January-March, it increased from 27,908 a year ago.
In the first three months of 2021, 2,694 companies went out of business, a number dropped 27.3 percent compared to the same period last year.
A total of 3,218 foreign-partnered or foreign-funded new firms were initiated in the month.

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