Business

Approximately 10 thousand companies with foreign partners were established in Turkey in 6 months

In the first half of the year, 9,828 companies with foreign partners were established in Turkey with a total capital of ₺5.4 billion.

According to the information compiled from the statistics of the Union of Chambers and Commodity Exchanges of Turkey, 884 of the companies established in the January-June period started their activities as joint stock companies and 8 thousand 944 as limited companies, while the foreign capital ratio reached 80.8%.

Looking at the distribution of approximately 10 thousand foreign-partnered companies by country, it was seen that 640 were owned by Iran, 500 by the Russian Federation, 269 by Germany, 266 by Syria, and 186 by Egypt. These countries were followed by Jordan with 179 companies, Pakistan with 162 companies, Azerbaijan with 160 companies, Iraq with 159 companies, and the USA with 141 companies.

The total capital of companies with Iranian partners was ₺347.4 million in the 6-month period. The capital of companies with Russian partners is ₺306.5 million, German partnerships are ₺299.3 million, the total capital of Hong Kong partners was ₺230.5 million, British partners were ₺212.7 million, Belgian partners were ₺206.5 million, and Syrian partners had a total capital of ₺150.2 million.

The total capital of companies with foreign partners established in the January-June period reached ₺5.4 billion.

ISTANBUL IS A FAVORITE FOR FOREIGNERS

With 6 thousand 122 companies, Istanbul ranked first in the list of provinces where the most foreign capital companies were established in the said period. This province was followed by Antalya with 767, Ankara 402, Mersin 353 and Bursa with 262 companies. The total capital of the said companies established in Istanbul was ₺3.3 billion.

Antalya was followed by Antalya with a capital of ₺397.8 million, Bursa with a capital of ₺350.8 million, and Mersin with a capital of ₺292.9 million.

In some provinces, including Ardahan, Bitlis, Bartın, Cankiri, Gumushane and Sinop, foreign capital companies were not established.

On the other hand, in the first half of last year, 5 thousand 978 companies with foreign partners were established with a capital of ₺3.2 billion. On the other hand, in the same period of this year, it was noteworthy that this number increased by 64.4% and 9,828 companies with foreign partners were established.

Source: NTV / Translated by Irem Yildiz

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