The number of foreign joint-owned company was founded in 2018 in Turkey has doubled in a year. Data shows increased from 6,731 to 13,405.

The number of foreign joint-owned company was founded in 2018 in Turkey, 13,405 rose from 6,731 are folded in double compared to the previous year.

According to the news of Mustafa Çalkaya from Anadolu Agency, the number of companies with foreign capital established in our country in 2018 has doubled by the previous year and rose from 6,731 to 13,405. One of every 10 companies established in the last 5 years was registered as “foreign capital”.

Turkey Union of Chambers and Commodity Exchanges (TOBB), according to a compilation of his data, also reflected in the number of companies looking at moving the economy observed in the last 5 years in Turkey.

57 thousand 710 companies were founded in 2014. This figure increased to 66 thousand 701 in 2015. In 2016, when FETÖ’s coup attempt was experienced, the number of firms established was 63 thousand 709 despite a decline of 4.5 percent compared to the previous year. The impact of the decisions taken to eliminate the impact of the coup attempt on the economy was also influenced by the number of firms established and closed. The number of companies established in 2017 was promoted to 72,871. In 2018, the number of firms established increased by 17 percent compared to the previous year and was promoted to 85,279.

In this case, the number of firms established in the last 5 years was promoted to 346,270.

The figures for the 5-year period were limited. In 2014, the number of firms closed was 14 thousand 2, while in 2015, it fell to 12,114 and in 2016 to 11 thousand 38. In the year 2017, the number of firms that closed down to 13,517 fell to 12,564 last year. In this way, 63,235 companies in the 5-year period ended the recording activity. When the company figures are compared and closed, it is reflected in the statistics that approximately 5 companies started to operate instead of every company that closed in the said period.