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Turkey: The number of companies established increased by 9% in November

The number of companies established increased by 9.2% in November compared to the previous month and reached 10 thousand 192, and the number of companies that were closed increased by 3.2% to 1547.

The Union of Chambers and Commodity Exchanges of Turkey has announced the statistics of companies established and closed for November. Accordingly, the number of companies established in November increased by 9.2% compared to October, increasing from 9,336 to 10,192. In the same period, the number of companies closing down increased by 3.2% to 1547. In October, 1,499 companies were closed.

The number of companies established in November increased by 17.6% compared to the same month of the previous year, and the number of companies that were closed increased by 57.4%.

Source: Sabah / Translated by Irem Yildiz

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