US EditionBusiness closures up 12 percent in Turkey in first five months of 2025 - Turkish Minute
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Business closures up 12 percent in Turkey in first five months of 2025 - Turkish Minute
The number of companies that shut down in Turkey rose by 12 percent in the first five months of 2025 compared to the same period last year, according to data from the Turkish Union of Chambers and Commodity Exchanges (TOBB) released on Friday. Between January and May, a total of 11,108 companies closed, up from 9,917 a year earlier. Closure of cooperatives also rose by 5.1 percent to 332, while the number of closed sole proprietorships declined …
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