Turkey welcomes large number of Iranian firms

Turkey welcomes large number of Iranian firms

ANKARA - Anatolia News Agency
Turkey welcomes large number of Iranian firms

An Iranian man buys a gift at a shop in Tehran Feb 13. Iranian businesses flocked in Turkey last year, establishing 590 firms and 2,140 joint ventures. REUTERS photo

The number of Iranian firms established in Turkey registered a record increase last year, according to Anatolia news agency.

Some 590 Iranian firms were established while the number of Iranian joint ventures hit a total of 2,140. Iran was also the number-one country in terms of the increase in the number of firms in Turkey, hitting 41 percent in 2011.

The total number of international firms established increased 15.9 percent in 2011, reaching 3,278 compared to the previous year, when the figure was 3,309. The sectors the international firms showed an interest in mainly spanned wholesale and retail trade, real estate leasing, transportation, communications and storage. Some 347 of those firms had an authorized capital exceeding $500,000.

Some 1,547 of these firms came from the European Union, while 412 of them were from other European countries. Another 1,245 of them came from the Middle East.

Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Türkiye’s external assets at $320 billion

Türkiye’s external assets at $320 billion
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