Turkey and Jordan have signed a Memorandum of Understanding (MoU) on cooperation in the housing sector. Source: Anadolu Agency
Monthly Archive: July 2011
Jul
28
Turkey: Your Partner in Healthcare, 2011
Turkey: Your Partner in Healthcare, which is published in English Winter 2011, composing 12 healthcare facilities as members of DEIK/Health Tourism Business Council. The 46-page guide book offers an overview of Turkey’s leading American-accredited hospitals, selected health travel agents, supporters of medical travel in Turkey and other essential medical travel informations. Source: DEIK
Jul
28
Success Stories of Foreign Companies in Turkey: Nestle
Nestlé, one of the most established companies in Turkey, entered the Turkish market in 1909. After opening its first sales office in Karakoy, Nestlé opened Turkey’s first chocolate factory in Ferikoy in 1927. In the following years, Nestlé continued to “break new ground” with the new categories it created within the food industry and to …
Jul
27
FTAs of Turkey
Turkey has signed Free Trade Agreements (FTAs) with 17 countries up to now, including EFTA countries, Israel, Macedonia, Croatia, Bosnia and Herzegovina, Palestine, Tunisia, Morocco, Syria, Egypt, Albania, Georgia, Montenegro, Serbia, Chile, Jordan, and Lebanon. All these FTAs, except the one with Lebanon, are in force. Turkey-Lebanon FTA will come into force after the completion …
Jul
26
Eurasia Packaging 2011 Istanbul Fair, September 15-18
Organized by TÜYAP Fairs, Inc.,in cooperation with Packaging Manufacturers Association (ASD), Eurasia Packaging 2011 Istanbul Fair, 17th International Packaging Industry Fair will be held between the 15th and 18th of September, 2011 at the TÜYAP İstanbul Fair and Convention Center, Büyükcekmece, Istanbul, Turkey. Source: Packaging Manufacturers’ Association (ASD)
Jul
26
Arcelik to purchase South African Defy
Arcelik, a Turkish household appliances company, will purchase South Africa’s largest manufacturer and distributor of major domestic appliances, Defy Appliances Ltd., the company has said. Source: Anadolu Agency
Jul
25
World Bank President: Turkey is in a much better position
World Bank President Robert Zoellick says Turkey is in a much better position and Turkish economy is stronger and more resistant compared to the past. Source: World Bank
Jul
25
United States and Turkey Work to Strengthen Ties, Expand Trade and Investment Relationship at TIFA Meeting
Last week, Assistant United States Trade Representative for Europe and the Middle East L. Daniel Mullaney and Turkish Deputy Undersecretary of the Ministry of Economy Cemalettin Damlaci co-chaired the eighth annual meeting of the U.S.-Turkey Trade and Investment Council. The Council meets under the auspices of the 1999 bilateral Trade and Investment Framework Agreement (TIFA). …
Jul
21
Kale Group Purchases Italian Fincuoghi
Turkish Kale Group purchased the whole of Fincuoghi, Italian company producing ceramic tiles in Sassuolo region under the brands of Edilcuoghi, Edilgres and Campani. Concerning the purchase, Kale Group Chairman Zeynep Bodur Okyay said: “It was a first for the Italian ceramic industry.” Translated from the original text in Turkish published in Dünya Gazetesi on …
Jul
20
Success Stories of Foreign Companies in Turkey: Microsoft
Microsoft Turkey started its marathon in 1993 with six people towards the vision of “Turkey Develops Further with IT Technologies”. Today, it continues to run this demanding journey with almost 300 employees. Microsoft Turkey, also the center of Microsoft MEA (Middle East and Africa) composed of 79 countries, makes important contributions to the nation’s productivity …
Jul
19
World Bank President in Turkey
World Bank’s President Robert Zoellick will visit Turkey between July 19-22. World Bank stated on Monday that Turkey’s economy and development agenda as well as regional and global partnerships and roles would be discussed during Zoellick’s stay in Turkey. World Bank’s Vice-President Philippe le Houerou and World Bank’s Executive Director for Turkey Konstantin Huber will …
Jul
19
Meykar paves the way for EBRD loans to Turkish SMEs
Having decided to invest in Meykar, Turkish ice slush producer, and support its growth, European Bank for Reconstruction and Development (EBRD) got the chance to know Turkish SMEs closely. Translated from the original text in Turkish published in Dünya Gazetesi on July 19, 2011
Jul
18
Turkish American Businesspeople Gather
Turkish and U.S. businesspeople gathered in a meeting on Saturday in the southwestern resort town of Bodrum to discuss ways to increase trade volume between the two countries. The meeting was held in cooperation of the American-Turkish Council (ATC), Turkish American Business Association and Bodrum Chamber of Trade. ATC Chairman Former U.S. Ambassador Richard Armitage …
Jul
18
New sectors rising from East
Some new businesses that have flourished in the last decade are changing the picture of eastern and southeastern Turkey, often named as ‘less developed’. Source: Hurriyet Daily News
Jul
15
More than 9 million euro awarded to joint Bulgarian-Turkish development projects
The projects within the Bulgaria-Turkey IPA Cross-border Programme were awarded of subsidy contracts at the Official Ceremony held on 4th July 2011 in Haskovo, Bulgaria. These projects funded under the 1st Call for proposals will be in execution by July 2011. Totally 45 projects under the programme are awarded EU funding of a nearly € …
Jul
15
FDI reaches $5.6 billion in first five
Foreign direct investment, or FDI, to Turkey in the first five months of 2011 more than doubled to $5.6 billion, according to data from the Economy Ministry. Analyzing the data, Economy Minister Zafer Caglayan said 87.7 percent of the investments were from European Union member countries. “This shows that Turkey is indispensable for the EU.” …
Jul
15
Turkish Airlines to become world’s best
Turkey’s national flag carrier Turkish Airlines (THY) which has been recently named Europe’s best airline company, wants to become the world’s best airline in near future. Speaking to AA, THY’s Director General Temel Kotil said THY had been chosen the best airline in Southern Europe i 2009 and 2010, and this year, it had been …
Jul
14
Turkey targets 20% annual increase in bilateral food trade with UAE
The total trade volume between Turkey and the UAE during Q1 2011 (January – March) stood over $1.3bn, representing a 50% increase compared to the same period in 2010, according to the latest trade report released by Istanbul Chamber of Commerce (ICOC). Source: AMEinfo.com
Jul
14
General Outlook of the Turkish Home Textile Sector
Stepping back % 11 in 2009 the foreign trade seems to increase by 20 % as the data announcements of countries continue. Besides, the growth will continue in 2011 by 7 %. 41 countries announced their official trade figures for 2010. Statistics of other countries are continuing. When the unveiled 2010 figures are studied it …
Jul
13
TIREC 2011 – Turkish International Renewable Energy Congress, Istanbul, September 19-22, 2011
TIREC 2011 is a 4 day high level congress and exhibition where Turkish and international renewable energy experts meet to drive innovation and do business. Over 100 leading Turkish and international renewable energy experts will speak at TIREC 2011, during 4 days of high level keynotes, interactive panel discussions and in-depth training courses. 3 focused conferences and …
