Tobb: One Of Three Foreign Corporations Invested By Syria And Iran

– One of three foreign corporations founded in the first half of 2015 in Turkey consist of Iran and Syria-invested companies, according to the data released by the Turkish Union of Chambers and Commodity Exchanges (TOBB) on Monday.

While the number of newly established corporations has consistently increased by 18.12 percent in this period, the number of liquidated companies has fell by 8.21 percent, comparing to the same period of last year, announced the TOBB.

According to the TOBB’s report, the number of closed cooperatives has decreased by 7.14 percent and the number of natural entity commercial undertakes has dropped by 1.24 percent.

Accordingly, in the first six months of 2015, 35,625 companies and cooperatives had been established, including 2,395 co-invested foreign companies.

750 of these corporations are registered to be co-invested by Syria and 142 of them by Iran, forming more than 1/3 of a total amount of 892 companies. In this period, German-invested 184 companies had been founded, also announced the TOBB.