ANKARA
4,379 new companies were established in Turkey in May and in the same month 1,065 companies went out of business, the Union of Chambers and Commodity Exchanges of Turkey (TOBB) said in a report published on Friday.
According to TOBB, the number of newly established companies in May in Turkey went up 38.53 percent when compared to the same month of the previous year.
In April, 4,487 new companies were established in Turkey.
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