17,514 companies closed in 10 months

The Union of Chambers and Commodity Exchanges of Turkey announced the Statistics of Incorporated and Closed Companies for October.

Thus, in the first 10 months, 17,514 companies were closed and in October 2,246 companies were closed. In the first 10 months of 2023, the number of closed companies increased by 3.3 percent compared to the first 10 months of 2022, and the number of closed actual commercial companies increased by 13 percent. The number of closed cooperatives decreased by 0.7 percent.

ESTABLISHED COMPANIES

In the first 10 months, 105,606 companies were established and in October 12,443 companies were established.

In the first 10 months of 2023, the number of established companies decreased by 5.7 percent and the number of real people business companies decreased by 24.2 percent compared to the first 10 months of 2022. The number of cooperatives established increased by 72.8 percent.

In October 2023, the number of established enterprises decreased by 10.6 percent and the number of actual commercial enterprises decreased by 34.3 percent compared to October 2022. The number of established cooperatives increased by 69.3 percent. hundred.

In October 2023, the number of closed enterprises increased by 31.7 percent compared to the same month in 2022. The number of closed cooperatives decreased by 8.6 percent and the number of closed commercial enterprises of real people decreased by 24.6 percent.
Of the total of 11,444 companies and cooperatives established in October 2023, 84 percent were corporations, 13.2 percent corporations and 2.8 percent cooperatives. 37.5 percent of companies and cooperatives were established in Istanbul, 10.8 percent in Ankara and 6.7 percent in Izmir.