News
Germany Becomes Turkey’s Leading Foreign Investor
Germany has strengthened its position as the leading foreign investor in Turkey, with 1,266 German-owned companies and a total investment volume exceeding 1 trillion Turkish lira (approx. EUR 20.2 billion). German capital continues to drive growth across multiple sectors, from manufacturing to financial services.
According to the Turkish Statistical Institute (TÜİK) and its 2023 statistics on foreign-controlled enterprises, foreign investment in Turkey recorded a significant rise. The number of foreign-controlled companies reached 10,265, while their combined turnover accounted for 12.8 percent of Turkey’s total corporate turnover. This data highlights the growing importance of international capital in the Turkish economy.
Germany at the Top of Foreign Investors
Among the 10,265 foreign-capital companies operating in Turkey, Germany leads with 1,266 firms. German enterprises generated 13.8 percent of the total turnover produced by foreign companies in the country.
The turnover of German-controlled companies amounted to 1 trillion 85 billion 225 million TRY (approx. EUR 21.8 billion), underscoring Germany’s strong economic footprint in Turkey.
Key Sectors for German Investment
German capital is present across a wide range of industries in Turkey. According to TÜİK, major sectors with strong German participation include tobacco manufacturing, insurance, and financial services. Foreign investors’ rising share in high value-added industries is particularly notable.
DON’T MISS
How Many People Live in Turkey?
Germany’s Biggest Integration Test: Waiting
United States Ranks Second
Following Germany, the United States is the second-largest foreign investor with 965 companies, while the United Kingdom ranks third with 706 companies. U.S.-controlled companies account for 11.2 percent of total foreign-company turnover, while U.K. companies represent 10.3 percent.
Source: TÜİK
Related Posts
AI in Logistics: Turkish AI Startup Raises $3.2 Million
Yeşim Çevik | trbusiness.de Germany Representative Founded in 2025, Munich-based startup 5U AI has raised more than €2.7 million ($3.2...
Why Does the Best Offer No Longer Win?
Onur Kurtay | Founder of Nexon Global Strategy Office For years, there was a fixed equation in the minds of...
Global Expansion: Timing Decides Everything
Yeşim Çevik | trbusiness.de Germany Representative Why international expansion requires more strategy than courage “We are entering the US market...
Türkiye Higher Education Employment Indicators 2025: Medicine and Aviation Lead Job Market Success
New official employment data reveals Türkiye’s top-paying university degrees, fastest-hiring career sectors, and graduate job market trends for 2025.
“Technological Transformation is No Longer Measured in Years, but in Months”
Celalettin Kayahan, Board Member of TSMC Holding, speaks to trbusiness.de about his journey from the textile industry to high-tech ventures,...
You Don’t Export to Germany; You Build Systems There
Onur Kurtay | Founder of Nexon Global Strategy Office Germany is the country to which Turkey exports the most. This...
Could Business Model Export Become the Competitive Advantage of the Future? | Analysis
Franchising has evolved beyond the traditional dealership model, emerging as a strategic investment economy that enables brands to scale. But...
The Franchise Economy: From Opening Stores to Building Wealth and Enterprise Value
Özhan Erem | Chairman of the Board, Medyafors Franchising is no longer just a business model for opening another store....
The AI Effect: How is it Shaping Germany’s New Startup Geography?
Yeşim Çevik | trbusiness.de Germany Representative When speaking with international founders and investors, I often still encounter an outdated narrative:...
Türkiye Deposit Return System Starts July 1
Turkey has launched a nationwide deposit return scheme (DRS) for beverage containers as of July 1, aiming to boost recycling...