Over 7,500 companies established in Türkiye in April

ISTANBUL

Türkiye saw over 7,500 newly launched companies in April.

This figure of 7,590 was up 18.5% on a yearly basis, from 6,405 in the same month last year, Türkiye's Union of Chambers and Commodity Exchanges (TOBB) said on Friday.

The number of liquidated companies in April totaled 1,727, up 40% year-on-year.

On a monthly basis, however, the number of companies established in Türkiye fell 9.4% in April from March's 8,375.

In the same period, the number of liquidated companies dropped 21.2% from March's 2,191.

In January-April period of 2025, the number of newly established firms amounted to 36,131, up 0.5% compared to the same period of 2024.

The number of liquidated companies reached 9,163 in the first four months of the year, up 8% on an annual basis.

In April, 455 companies with foreign partners were established, including 266 with Turkish partners, 19 with Iranian partners, and 16 with Chinese partners.