Business organizations

The agreement was made public by the Italian-Russian Chamber of Commerce

Turkey saw 27,908 newly established companies in the first quarter of 2020, up 26.09 percent on a yearly basis, the Turkish Union of Chambers and Commodity Exchanges (TOBB) said on April 17.

Some 3,705 companies went out of business in the first quarter, up 16.07 percent compared to the same quarter last year, according to a TOBB report.

German automotive giant Volkswagen's major investment in Turkey would encourage other big foreign companies to invest in the country, Istanbul Chamber of Commerce (ITO) President Şekib Avdagiç said on Oct. 6.

A total of 5,301 new companies were established in Turkey last month, the Turkish Union of Chambers and Commodity Exchanges (TOBB) announced on Sept. 20.

Rating agency Moody's commented on Monday that the sale by Intralot of a 16.5 percent in lottery company Ellinika Lachia to main stakeholder OPAP is a credit positive for Intralot, and that the price of 20 million euros will go a long way toward improving its liquidity, which to date was seen as "weak," according to the agency.

The Memorandum, which was signed by Dr.

The concession contract extension for Athens International Airport sent the budget revenues soaring last month, as it had not been factored in for March but for last year. As a result, the budget target in the first quarter of this year was far exceeded.

The top bid to operate İddaa, Turkey’s only legal sports betting company, has come from Şans Girişim, a venture including Demirören Holding and U.S. company Scientific Games.