Openings and closures both up in March

Dünya Executive - - OVERVIEW -

The number of newly formed compan es n Turkey rose nearly 23 percent year-on-year n March, the Turk sh Un on of Chambers and Commod ty Exchanges (TOBB) announced n an Apr l 20 report. In March, 7,469 new compan es were establ shed, compared to 6,075 start-ups n the same month of 2017. The un on also noted that the number of company shutdowns n March was up 9.75 percent on a yearly bas s. “In March 2018, 974 compan es w th fore gn partners were establ shed,” the report sa d. “511 of these compan es had Turk sh partners, 139 had Syr an partners, and 103 had Saud Arab an partners.”

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