BAKU, Azerbaijan, November 29. A total of 59 companies with Kazakh capital were registered in Türkiye in October 2023, 46 companies less than in the same period of 2022, the Union of Chambers and Commodity Exchanges of Türkiye (TOBB) said, Trend reports.
TOBB reported that, despite a drop in the number of registered Kazakh enterprises during the reporting period, their total capital increased.
"While in the reporting period, the total capital of Kazakh companies registered in Türkiye amounted to 164.5 million Turkish liras ($5.68 million), in the same period of 2022, the figure was 34.3 million Turkish liras ($1.18 million)," TOBB also said.
Besides, TOBB pointed out that in October 2023, the majority of Kazakh companies (39) were registered in Istanbul.
"The total capital of Kazakh companies registered in Istanbul amounted to 156.99 million Turkish liras ($5.4 million)," TOBB emphasized.
TOBB further stated that in October 2023, 29 wholesale and retail trade firms with Kazakh capital were registered in Türkiye, with the remainder of the enterprises operating in other areas of the economy.
