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New company formations in Türkiye jump 43% in April

Photo shows startup business people group working everyday job at an office, accessed on May 22, 2026. (Adobe Stock Photo)
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Photo shows startup business people group working everyday job at an office, accessed on May 22, 2026. (Adobe Stock Photo)
May 23, 2026 04:01 AM GMT+03:00

Türkiye recorded more than 10,800 newly established companies in April, marking a sharp increase from a year earlier, according to data released Friday by the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).

The number of newly established companies reached 10,853 in April, up 43% from 7,590 in the same month last year.

The number of liquidated companies totaled 2,399 in April, representing a 38.9% increase compared to the same period a year earlier.

On a monthly basis, company formation accelerated significantly.

Newly established firms rose 29.5% from 8,379 in March, while liquidations increased 14.1% from 2,102.

First 4-month figures remain positive

Between January and April, the total number of newly established companies reached 39,779, up 10.1% compared with the same period in 2025.

During the same period, liquidated companies totaled 9,211, marking a modest annual increase of 0.5%.

Syrian-linked firms lead foreign-partner establishments

TOBB data also showed continued activity among foreign-partner companies.

In April, 1,283 companies with foreign partners were established.

Among them, 785 involved Syrian partners, followed by 143 companies with Turkish partners and 41 with Iranian partners.

May 23, 2026 04:01 AM GMT+03:00
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