Turkiye: Turkish tea company Çaykur secures funding from the government (2018)

Announcement

31 Dec 2018

The Turkish Ministry of Finance announced transferring TRY 276 million (USD 52.2 million) in funding to Çaykur in the year 2018.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2018

Revocation date:

No revocation date

Updated: 31 Dec 2018

Equity stake In force

In 2018, the Turkish government granted financial aid to the Turkish state-owned tea company Çaykur following financial losses incurred in the same year. The total value of the financial injection was...

Related State Acts

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Turkiye: The government supports the Turkish tea company Çaykur

31 Dec 2017

Turkiye: Turkish tea company Çaykur secures funding from the government (2017)

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