By Aysu Bicer
ANKARA (AA) – The number of newly established companies in Turkiye went down 13.6% month-on-month in February, the country's top trade body said on Friday.
A total of 9,848 companies were launched last month, according to data released by the Union of Chambers and Commodity Exchanges of Turkiye.
Among them were 1,235 foreign-partnered or foreign-funded companies.
In February the number of companies closed down decreased 24.7% to 773. In January, a total of 1, 026 companies were shot down.