BAKU, Azerbaijan, Nov.24
Trend:
Turkey registered 568 companies with Iranian capital from January through October 2020, which is by 253 companies less than in the same period of 2019, the Union of Chambers and Commodity Exchanges of Turkey (TOBB) told Trend .
During the reporting period, the total capital of Iranian companies registered in Turkey made up slightly over 115.7 million liras ($14.6 million), as compared to more than 115.9 million liras ($14.7 million) in the same period of last year.
Meanwhile, most of the Iranian companies were registered in Istanbul (506 companies) with a total capital of over 101.5 million liras ($12.8 million).
Thirty-four of the companies registered in Turkey over the past 10 months of 2020 were industrial companies, 23 were construction, 3 mining, 4 financial-insurance companies, 237 were engaged in wholesale and retail trade, 43 companies were operating in the sphere of tourism, and 55 in real estate sales.
"The remaining 203 companies with Iranian capital operate in other sectors of the economy," TOBB said.
(1 USD = 7.7733 TL on Nov.24)
