12:39 - 25.10.2023

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October 25, Fineko/abc.az. The number of companies with Azerbaijani capital registered in Türkiye in September 2023 has been published.

ABC.AZ reports with reference to the Turkish Chamber of Commerce & Industry (TOBB) that 205 companies with Azerbaijani capital were registered in Türkiye for September.

For comparison, this is 45 companies less versus September 2022.

Despite decrease in the number of registered Azerbaijani companies, their total capital increased.

"If for the reported term the total capital of Azerbaijani companies registered in Türkiye amounted to 312.2 million Turkish liras, then for the 2022 same period this figure reached 99.9 million Turkish liras," TOBB said.

TOBB also noted that in September 2023, the majority of Azerbaijani companies were registered in Istanbul (171).

111 wholesale and retail trading companies with Azerbaijani capital were registered in Türkiye in September 2023.