Russians ranked first in the number of companies opened in Turkey by foreigners

According to the Turkish Statistical Institute, Russians are ranked first in the number of companies opened by foreigners in Turkey in April. Last month, they registered 136 companies, 112% up from a month earlier.

Turkey is among the most friendly jurisdictions that are being considered by sole proprietors and larger legal entities to partially or entirely relocate their business related to international trade from Russia, in the face of sanctions.

By Editorial

28.05.2022

Sanctions Context

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SANCTIONS CONTEXT

Zara plans to resume trading activities in Russia

Key rate reduced for the sixth time in a row, now to 7.5%

Russian railways to increase freight rates by almost 10 percent

Iran joins the Shanghai Cooperation Organization

Furniture shippings to the Kaliningrad region to be subsidized by the federal government

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Russians ranked first in the number of companies opened in Turkey by foreigners

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