By Gokhan Ergocun
ISTANBUL (AA) - The number of newly established companies reached 73,001 during the first seven months of this year, down by 1.8% on a yearly basis, data showed on Friday.
According to the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), the figure included 7,648 foreign-partnered companies.
In July, 9,326 firms were established, down 1.1% on a yearly basis, while 2,067 firms closed, up 10.7%.
The number of launches of foreign-partnered companies was 975 in July.
In total, 11,559 companies liquidated in the January-July period, up by 0.1%.