Türkiye sees 9,432 new companies established in February, up 3.3% year-on-year

Türkiye saw more than 9,400 newly established companies in February, official data showed Friday. The figure of 9,432 was up 3.3% on a yearly basis from 9,131 in the same month last year, said Türkiye's Union of Chambers and Commodity Exchanges (TOBB). The number of liquidated companies in February totaled 2,252, down 7.4% year-on-year.

Monthly comparison

On a monthly basis, newly established companies fell 15.1% from January's 11,115, while liquidations dropped 8.4% from January's 2,628. In the first two months of the year, newly established firms totaled 20,547, up 1.9% compared to the same period in 2025. Liquidated companies reached 4,710 in January-February, down 10.2% on an annual basis.

Foreign partnerships

In February, 804 companies with foreign partners were established, including 380 with Syrian partners, 123 with Turkish partners, and 38 with partners from Iran. The data reflects continued foreign investment activity despite regional tensions, with Syria and Iran among the top sources of partnership.

Economic context

The company establishment figures come as Türkiye's economy grew 3.6% last year, making it the third fastest-growing among OECD nations in 2025. Unemployment fell to a 21-year low of 8.3% in 2025, while the country continues to navigate the economic impacts of the Middle East conflict.