Number of registered companies with Azerbaijani capital increases in Turkey

August 9, 2021 12:45 p.m. (UTC + 04:00)

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By Tendency

Some 124 companies with Azerbaijani capital were registered in Turkey from January to June 2021, 73 companies less compared to the same period of 2020, the Turkish Union of Chambers and Commodity Exchanges (TOBB) said. Tendency.

The total capital of Azerbaijani companies registered in Turkey from January to June 2021 was 37.2 million Turkish liras ($ 4.3 million), while in the same period of 2020 this figure was 8.2 million pounds ($ 958,246).

Most Azerbaijani companies (109) were registered in Istanbul during the period considered. Their total capital amounted to Lit 37.1 million ($ 4.3 million).

“One company out of the total number of registered companies operates in the mining sector, 1 – in agriculture, 11 – in the industrial sector, six in construction, 51 – in wholesale and retail trade, 14 – in the field of transport and logistics, 6 – in tourism, 8 – are engaged in the sale of real estate, ”said TOBB.

“The rest of the companies with Azerbaijani capital are involved in other sectors of the economy,” TOBB said.

According to the data, the total capital of 51 registered wholesale and retail companies during the reporting period was 9.8 million Turkish liras (1.1 million).

Some 148 companies with Azerbaijani capital were registered in Turkey in 2020, of which 126 companies with a total capital of 25.4 million Turkish Liras ($ 2.9 million) were registered in Istanbul.

Some 124 companies with Azerbaijani capital were registered in Turkey from January to June 2021, down 73 companies compared to the same period of 2020, the Turkish Union of Commodity Chambers and Exchanges (TOBB) said. Tendency.

The total capital of Azerbaijani companies registered in Turkey from January to June 2021 was 37.2 million Turkish liras ($ 4.3 million), while in the same period of 2020 this figure was 8.2 million pounds ($ 958,246).

Most Azerbaijani companies (109) were registered in Istanbul during the period considered. Their total capital amounted to Lit 37.1 million ($ 4.3 million).

“One company out of the total number of registered companies operates in the mining sector, 1 – in agriculture, 11 – in the industrial sector, six in construction, 51 – in wholesale and retail trade, 14 – in the field of transport and logistics, 6 – in tourism, 8 – are engaged in the sale of real estate, ”said TOBB.

“The rest of the companies with Azerbaijani capital are involved in other sectors of the economy,” TOBB said.

According to the data, the total capital of 51 registered wholesale and retail companies during the reporting period was 9.8 million Turkish liras (1.1 million).

Some 148 companies with Azerbaijani capital were registered in Turkey in 2020, of which 126 companies with a total capital of 25.4 million Turkish Liras ($ 2.9 million) were registered in Istanbul.

(1 USD = 8.5619 TRY on August 9)

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