Newly-established companies running on foreign capital, up 9.1pct in Q1; share capital, up 27.3pct
Publicat:The number of newly-established companies running on foreign capital increased in the first quarter of 2019 by 9.1%, compared with the same period of the previous year, to 1,496 units, according to data centralized by the National Trade Register Office (ONRC).
The 1,496 new companies had a subscribed share capital of 3.941 million dollars, up 27.3% over the January-March 2018 period.
According to the cited source, between 1991 and 2018, 221,334 companies with foreign capital were set up, the total amount of the subscribed share capital being over 63.117 billion dollars.
On…
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