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

1 in force

Implementation date

31 Dec 2018

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) 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

31 Dec 2019

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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