Founded in 1963 as Turkey's first bus manufacturer under Magirus-Deutz license. Currently a subsidiary of Koç Holding, headquartered in Sakarya, Turkey. Products used in 60 countries with 300 support points as of 2019
Foreign investors can establish companies with minimum 50,000 USD capital. Law No. 4875 guarantees freedom to establish business enterprises. New Turkish Commercial Code No. 6102 replaced 55-year-old code in 2012
Limited liability company (LLC) is most popular among foreign investors. Joint stock company suitable for large projects. Commandite and collective companies available for partnership structures. Cooperative companies common in agriculture sector. Branch and subsidiary options for foreign companies