Automotive

Turkish Minister of Science, Industry and Technology, Nihat Ergun came together with almost 100 senior directors of German firms in Germany, where he went upon the invitation of German Economic Commission, the greatest industrialists association of Europe. Nihat Ergun stated in his speech that Turkey has a serious production potential in automotive sector; and the sub-industry of Turkey is... Add a comment

Agriculture

Association of Black Sea Exporters’ of Turkey announced that nut export of Turkey increased. In the written statement made from the Association, it was stated that Turkey’s nut export was 166 thousand 516 tons between September, 1st, 2012 and January, 31st, 2013, which is the first 5 months of the export season.

In exchange, 939 million 785 thousand 239 dollars of exchange input was... Add a comment

Tourism

Kadir Topbas, the Mayor of Istanbul, was given the award of “the first ranking in congress tourism in the world”, due to the fact that Istanbul got to the first rate from 44th rate in congress tourism. Istanbul Chamber of Commerce President, Murat Yalcintas gave Topbas his award.

Topbas stated that they fought for congress tourism to come to the point where it is today; and now... Add a comment

Real Estate

With the reciprocity law that opens way for the real estate selling to foreigners, 1 million residences are expected to be sold throughout Turkey. Confederation of Constructors Vice President and Antalya Organization of Constructors President Deniz Karatas stated that 1 million house selling is expected with the reciprocity law. 

Karatas stated in his speech that residence sales... Add a comment

Telecom & IT

R&D will be focused on in electronic communication, space and aeronautics sector, in Turkey. The highest grant amount that will be given to the projects in electronic communication will be 10 million Liras, and in space and aeronautics, it will be 20 million liras.  The regulation concerning the Support of R&D Projects in Electronic Communication, Space and Aeronautics... Add a comment

Health Care

Operating in Turkey as a German orthopedic material manufacturer, Hamburg centered implantcast GmbH aims to implement the first university-supported private hospital project. implantcast GmbH, an orthopedic material manufacturer centered in Germany, operating in Turkey since 2008 has initiated the works to establish a hospital.

Chief Financial Officer (CFO’s) of implantcast Turkey... Add a comment

Media

Prime Minister Tayyip Erdoğan met with Rupert Murdoch, the owner of the United States media giant News Corp. during his heavy schedule yesterday. During the meeting which lasted an hour and ten minutes, Murdoch shared with Erdoğan his intentions to invest in the nation and stated: "We want to expand our programs in Turkey. We see Turkey as an important country from a media standpoint. We... Add a comment

Education

Global alternative asset manager The Carlyle Group(“Carlyle”) announced today that it has acquired a 48% stake in Bahcesehir Koleji (“Bahcesehir” or the “Company”), a private education provider in Turkey.  The existing shareholders, the Yucel and Karatas groups, will remain as significant investors in Bahcesehir. Financial terms of the transaction, which closed on Tuesday 27th... Add a comment

Energy

Energy Trade Association of Turkey President, Mustafa Karahan stated that there should be a center in Turkey in energy instead of a corridor or a bridge; and all the electricity and gas could be purchased and bought in Turkey is Exchanges and OTC markets are developed.

Karahan stated that Turkey has an important potential in that it owns the greatest energy market in its region; and that... Add a comment