BAKU, Azerbaijan, September 26. Türkiye registered 48 companies with Kazakh capital in August 2023, which is 29 fewer companies year-on-year, the Union of Chambers and Commodity Exchanges of Türkiye (TOBB) said, Trend reports.
According to TOBB, in the reporting month, despite the decrease in the number of registered Kazakh companies, their total capital increased.
"During the reporting period, the total capital of Kazakh companies registered in Türkiye amounted to 137 million liras ($5 million), for the same period in 2022, this figure amounted to 14.4 million liras ($530,000)," the union noted.
TOBB also noted that in August 2023, the majority of Kazakh companies were registered in Istanbul (33).
"The total capital of Kazakh companies registered in Istanbul amounted to 132 million liras ($4.84 million)," the TOBB pointed out.
The company added that 25 wholesale and retail trading companies with Kazakh capital will be registered in Türkiye in August 2023. The rest of the companies are involved in other sectors of the economy.
