Number of newly established companies on foreign capital down 35% four months into 2020
Publicat:The number of newly established companies on foreign capital went down 34.46% in the first four months of the year, as against the similar interval of 2019, to 1,288 units, according to the data centralised by the National Trade Register Office (ONRC).
The 1,288 new companies had a total subscribed share capital worth 2.145 million dollars, down 56% from Jan-April 2019.
On April 30, 2020, the highest number of foreign shareholding companies was with investors from Italy, namely 49,095 (3.842 billion dollars subscribed capital), but the highest value of the share capital belongs…
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