New company launches in Turkey up in November
- Economy
- Anadolu Agency
- Published Date: 04:31 | 17 December 2021
- Modified Date: 04:31 | 17 December 2021
A total of 10,192 new companies were set up in Turkey in November, up 9.2% on a monthly basis, the country's top trade body said on Friday.
The number of companies that went out of business over the course of the month reached 1,547, up 3.2% month-on-month, according to data released by the Turkish Union of Chambers and Commodity Exchanges.
A total of 1,406 companies with foreign partners were established in the month, including 108 with Iranian partners and 44 with Syrian partners.
On a yearly basis, the number of new companies set up in Turkey in November rose 17.6% to 8,669, while the liquidated ones saw a 57.4% increase to 983.