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

Announcement

31 Dec 2017

The Turkish Ministry of Finance announced transferring TRY 250 million (USD 66.01 million) in funding to Çaykur in the year 2017.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Dec 2017

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In 2017, 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 2018

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

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