Turkey’s tourism revenue rose 10.6 percent to USD 23 billion in 2011 over 2010, according to Turkish Statistical Institute (TurkStat). The country earned an average of USD 637 from each of its total 31 million foreign visitors, up from 2010’s USD 630. Turkey’s tourism revenue was at USD 20.8 billion in 2010. Source: The news …
Monthly Archive: January 2012
Jan
31
The Association of Real Estate Investment Companies – GYODER
GYODER, The Association of Real Estate Investment Companies, was established in August 1999 by the representatives of existing and founding Real Estate Investment Companies (REICs), to promote and represent the promising real estate industry in Turkey that leads the economy as a locomotive, to encourage the development of the industry, to provide, improve and protect …
Jan
30
Real Estate Sector in Turkey
The Turkish real estate sector, offering ever-greater opportunities for investors every year, has come to prominence especially in the last decade. Although with the recent economic crisis and the global economic recession the European and US real estate markets have been negatively affected, the real estate market in Turkey is still promising. According to TurkStat …
Jan
27
Turkey ranked 10th in world steel production
According to statistics from World Steel Association, as one of the major steel-producing countries, Turkey increased output in 2011 showing the most robust growth. Turkey ranked 10th in world steel production and became one of the major contributors to global growth with a 17% share. Extracted from Industrial Minerals, 23 January 2012
Jan
26
Turkish Companies to Participate at Plastindia 2012
Plastindia 2012 – 8th International Plastics Exhibition & Conferences will be organized in New Delhi, India on February 1-6, 2012. Turkish National Participation at the exhibition is organized with the support of Republic of Turkey Ministry of Economy. Turkish companies operating in polymeri plastics and plastic processing machinery sector will be present at the exhibition. …
Jan
26
Turkey to lend $500 mln to Tunisia and $250 mln to Libya
Minister of Economy, Zafer Caglayan, announced that Turkish Eximbank decided to allocate $ 500 million to Tunisia and $ 250 million to Libya. Investors from both countries will have the opportunity to purchase machinery from Turkey with a 10-year term. In addition, Turkish Eximbank will provide two-year term loan for demands of Tunisian and Libyan businessmen for …
Jan
25
Anfas Bevex, Antalya, Feb. 2-4, 2012
Anfas Bevex Trade Exhibition for Beverage will be organized in Antalya between 2nd and 4th February 2012. In 2011, ANFAS Bevex was a part of ANFAS Food Product which was organized in 40.000 m2 closed area and 6 halls with 314 exhibitor firms and 44.156 professional visitors. This year, Anfas Bevex Exhibition will be held …
Jan
24
MADO Sets to Expand in Far East Countries
MADO, one of Turkey’s premier ice cream and cafe chain, is branching out to the Far East, opening a store in Kuala Lumpur, Malaysia, this February. Source: Istanbul Chamber of Commerce
Jan
23
Turkey carries the potential to be a regional base
US-based technology company NCR has shortlisted Turkey for a regional base, according to CEO Bill Nuti. Providing ATM and kiosk solutions for a variety of sectors, NCR has specified areas of investment in Turkey, the CEO said ahead of its planned visit to Turkey in spring. “Engineering and call center investments in Turkey are on …
Jan
23
Turkey’s first automotive design contest and project market starts
OIB (Turkish Automotive Exporters’ Union) commences “R&D Project Market and Design Contest in Turkish Automotive Sector” project. The project aims to enhance and develop R&D and design culture in Turkey, provide new workforce, idea and methods to the sector, and increase competitive power in global automotive market as well. The project is being implemented by TIM …
Jan
23
Turkish Tires Spin Up
Turkey is one of the foremost countries benefiting from the world tire market with a size of more than 100 billion dollars. There are factories and production facilities belonging to leading tire industry companies in Turkey, among them global giants like Pirelli, Goodyear, and Bridgestone. Turkey uses its geographical position well, and it is becoming …
Jan
23
Turkish Companies to Participate in FEMMINA 2012
FEMMINA 2012 – Fashion Trade Show will be organized in Athens, Greece on January 28-30, 2012. Turkish National Participation at the exhibition will be organized with the support of Republic of Turkey Ministry of Economy. Turkish companies operating in fashion, textile, ready-wear and accessories sectors will be present at the exhibition. For more information about the fair, please visit its website.
Jan
20
Turkish Companies to Participate In BUDMA International Construction Fair
BUDMA, BUMASZ, GLASS AND CBS – International Construction Fair will be organized in Tehran, Iran on January 24-27, 2012. Turkish National Participation at the event will be organized with the support of Republic of Turkey Ministry of Economy. Turkish companies operating in the related sectors will be present at the fair. For more information about …
Jan
20
IMOB 2012, Istanbul, Jan. 31-Feb. 4
IMOB’12 – 8th Istanbul Furniture Fair will open the doors of the finest home furnishings, interior designs and furniture trends for 2012 between 31 January and 04 February in Istanbul with more than 350 exhibitors . The event is considered as an opportunity for profitable business, full access to global furniture trends and a close …
Jan
19
Turkey’s Near-Term FDI Target between USD 30-40 billion – ISPAT President
Foreign direct investment (FDI) inflow to Turkey reached USD 12.1 billion in the first 11 months of 2011, and the country is looking into at least tripling that amount in the near future, said the head of the official investment agency. Source: The news section of ISPAT website
Jan
19
Turkish Companies to Participate In COLOMBIATEX DE LAS AMERICAS
COLOMBIATEX DE LAS AMERICAS – Ready to Wear, Textile and Home Textile Trade Fair will be organized in Tehran, Iran on January 24-26, 2012. Turkish National Participation at the event will be organized with the support of Republic of Turkey Ministry of Economy. Turkish companies operating in the related sectors will be present at the …
Jan
19
Turkish Companies to be Present at ISM 2012
ISM – Internationale Süsswaren Messe (International Confectionary Fair) will be organized in Cologne, Germany between 29 January and 1 February 2012. Turkish National Participation at the exhibition is organized with the support of Republic of Turkey Ministry of Economy. Turkish companies operating in confectionary sector will be present at the fair. For more information, please visit ISM website.
Jan
19
European Commission Praises Turkish Economy
In a report evaluating the economies of candidate and potentially candidate countries, the European Commission praised Turkish economy for its budget performance, rising export rate, decreasing unemployment rate and a strong growth. Source: Prime Ministry Directorate General of Press and Information
Jan
18
Nestle plans Turkish expansion
SWISS food giant, Nestlé, confirmed today it is to expand in Turkey with the opening of a new breakfast cereals factory. The new factory, based in western Turkey, will produce cereals for the Turkish market as well as for 14 other countries in the Middle East and North Africa. Officially opened by Turkey’s Food, Agriculture …
Jan
17
Turkish Companies to Participate In Arab Health
Arab Health – healthcare exhibition and congress will be organized in Dubai, UAE on January 23-26, 2012. Turkish National Participation at the event will be organized with the support of Republic of Turkey Ministry of Economy. Turkish companies operating in the related sectors will be present at the fair. For more information about the fair, …
