BAKU, Azerbaijan, April 24
By Rufiz Hafizoglu – Trend:
Twelve companies with Turkmen capital were registered in Turkey from January through March 2020, which is five companies less compared to the same period of 2019, Trend reports referring to Turkey’s Union of Chambers and Commodity Exchanges (TOBB).
The total capital of Turkmen companies registered in Turkey from January through March 2020 amounted to 3.4 million Turkish liras ($487,123) compared to 3.3 million Turkish liras ($472,796) in the same period of 2019.
From January through March 2020, most of Turkmen companies were registered in Istanbul (11 companies) with the total capital worth 1.9 million Turkish liras ($272,208).
The following companies with Turkmen capital were registered in Turkey: one industrial, eight wholesale and retail trade companies with Turkmen capital were registered from January through March 2020.
"The remaining three companies with Turkmen capital are involved in other sectors of the economy," TOBB said.
In accordance with the data, the total capital of eight wholesale and retail companies registered during the reporting period amounted to 2.03 million Turkish liras ($290,833).
(1 USD = 6.9833 TRY on April 24)
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