Baku / 20.09.16 / Turan: 106 companies with Azerbaijani capital were established in Turkey in January-August of this year, according to the Association of Chambers and Commodity Exchanges of Turkey.
This year, with the participation of Azerbaijani capital 35 joint stock companies and 71 limited liability companies were established in Turkey. In the first eight months of 2015, 125 companies with participation of Azerbaijani capital were registered in this country.
In the capital of the newly created companies Azerbaijani investors invested more than 24 million TL, 30% more than last year. The bulk of the investments were in the capital of joint stock companies.
The share of the Azerbaijani founders accounts for 87% of the initial capital contribution. ---08B
Economics
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