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Category Archives: Business News

Spot Blue’s David Walker takes on Goldman Sachs ‘Goliath’

NEWS RELEASE DATE: 8th NOVEMBER, 2012 Spot Blue’s David Walker takes on Goldman Sachs ‘Goliath’ for the crown of Turkey’s biggest “supporter”   Founding director of Spot Blue Overseas Property was last night recognised for his on-going commitment to growing Anglo-Turkish trade and business when he was runner up forTurkey’s...

Posted on 08 November 2012

Turkey Set To Expand Its Pharmaceutical Business

The Turkish pharmaceutical industry is expected to expand substantially during the next few years, and sales of drugs could reach $23.3 billion by 2023, up from just $5 billion in 2011. These figures come from a report by Pricewaterhouse Coopers which was commissioned by the pharmaceutical industry, but are based...

Posted on 26 October 2012

New Award Confirms Spot Blue as leading Overseas Property Agency

UK based Spot Blue, a specialist in buying and selling property in Turkey, has won the category of “Real Estate Agency Website - Turkey” at the 2012-2013 European Property Awards. The accolade for www.spotblue.com was announced at a prestigious event at the London Marriott Hotel on Monday, 24th September. The...

Posted on 27 September 2012

Turkey Discusses the Trans-Caspian Pipeline

Senior officials from Azerbaijan, the European Union, Turkey and Turkmenistan recently met to discuss the Trans-Caspian gas pipeline that will deliver gas to Europe through Azerbaijan and Turkey. The main aim of the project is to reduce Europe's dependence on Russian gas, and Turkmenistan is also trying to diminish its...

Posted on 14 September 2012

China “Turkey has become one of the most attracting countries in the world”

Istanbul, 22 February 2012 - At the Turkey - China Economic and Commercial Cooperation Forum held in Istanbul today, Xi Jinping, the Chinese Vice President, announced that Chinese and Turkish business had signed agreement worth 4.3 billion USD, commenting "Turkey has become one of the most attracting countries in the...

Posted on 24 February 2012

8 Turkish banks in the top 500 for global brand value

Ankara, 1st February 2012 - Unlike European banks, Turkish banks had a very good profitable year in 2011 with profits reaching nearly 12 billion USD.  In a recent report by Brand Finance, a London based brand valuation consultancy, eight Turkish banks were rated in the top global 500 for brand...

Posted on 01 February 2012

US company NCR looks at Turkey as a potential regional base

23 January 2012, Istanbul - NCR the US technology has identified Turkey as its potential regional headquarters. Commenting on a forthcoming visit to Turkey Mr Bill Nuti, the NCR CEO said, “Engineering and call centre investments in Turkey are on the agenda. In order to provide new and better solutions...

Posted on 24 January 2012

US company invests in southeastern Turkey

17 January 2012, Istanbul - According Martin Carver, the Chief Executive of the US based MG Consulting, investing in Turkey is more profitable than investing in China or Europe “I see no economic growth in European markets. That is why I would rather invest in Turkey” said Carver. Carver is...

Posted on 18 January 2012

Major UK pharmaceutical company to locate regional HQ in Istanbul

16 January 2012, Istanbul – GlaxoSmithKline (GSK) a leading UK pharmaceutical company is moving its Middle Eastern and African operations to Istanbul. This new Istanbul regional headquarters will be responsible for the operations in 30 countries within GSK markets. Commenting on the move, Asia Pacific and Emerging Markets Director of...

Posted on 17 January 2012

Turkish Airlines flying high

20 December 2011, Istanbul - According to Turkish Airlines General Manager Temel Kotli, the airline has had a very successful 2011 and will add 10 new global destinations in 2012 as well as adding 18 new aircraft to fleet of 178 aircraft. “The new destinations to be added until the...

Posted on 23 December 2011