Automotive

Poland, which is in direct competition with Turkey to secure an investment by Volkswagen for the production of their new light commercial vehicle, has expedited their lobbying activities. The Polish press is on a campaign to slander Turkey in order to steer VW in their direction. Poland is increasing lobbying efforts to ensure the German automotive giant Volkswagen (VW) selects their country... Add a comment

Health Care

The 20th edition of the BIO International Convention taking place in Chicago, USA includes a strong presence of public institutions, associations and companies from Turkey coordinated by the Investment Support and Promotion Agency of Turkey (ISPAT). Showcasing the country’s rapidly growing pharmaceutical and biotech sectors to an audience of 15,000 visitors from 65 countries, the large... Add a comment

Real Estate

Foreign investors in one of Europe’s most promising real estate markets, Turkey, now have a right to obtain a residency permit, regardless of the price of the property acquired. Following the recent revision in the law governing residency rules and regulations for foreigners, property buyers from other nations are granted a year-long residency permit that could be extended indefinitely if... Add a comment

Transportation

General Directorate of State Airports Authority of Turkey (DHMI) aims to take 131 million 29 thousand 516 passengers to 171 million 463 thousand 884 by 31% rise in 2015. Air traffic that was 1 million 93 thousand 47 last year is expected to increase 24% in 3 years and become 1 million 354 thousand 82.

According to the information taken from DHMI, 1 million 93 thousand 47 people of air... Add a comment

Tourism

In aircraft and passenger traffic, there was a great increase in the first 3 months of 2013. According to 3 months’ realizations, total passenger number reached 27 million in Turkey. General Directorate of State Airports Authority of Turkey announced March, 2013 aircraft, passenger and load statistics. 

In domestic lines in March, 2013 in Turkey, the number of airplanes landing and... Add a comment

Agriculture

EU consumer health approved of milk and milk sales to the EU countries from Turkish firms by April, 3rd, 2013. Turkish Ministry of Food, Agriculture and Livestock, Mehdi Eker stated that the fact that Turkish firms have reached the standard to sell milk and milk products to the EU countries; and the process will be officially in effect by April, 3rd, 2013.

The Minister also added that 6... Add a comment

Telecom & IT

Information and Communication Technologies Authority of Turkey President, Tayfun Acarer stated that at least 10% growth is calculated in the sector for 2012; and 44 billion dollars of growth is also expected. Acarer, attending Vodafone’s innovation base, Oksijen R&D’s new center’s opening ceremony, added that Vodafone Turkey started to work like an Internet provider; and now... Add a comment

Media

At 5th CFO Summit, in Vienna, Turkish Airlines Deputy Manager, Coskun Kilic gets the award of CFO of the year, by CFO Insight magazine, given since 2008, named as "CFO of the year in rising economies". The future of the finance in rising Europe was handled at 5th CFO Summit in Vienna by CFO Insight. It was also discussed at the summit how the changing role of CFO's will affect the... Add a comment

Education

The Prime Ministry Turks and Relatives Abroad Directorate (YTB), spends ten million dollars annually on 11,000 students from 138 different countries. University students are given 325 TL, graduate school students are given 450 TL and doctorate students are given 550 TL in scholarships monthly. YTB Chairman Kemal Yurtnaç explains that they began offering scholarships in 1992 to students from... Add a comment