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Category Archives: Turkey News

Vodafone pledges more investments in Turkey

Date: 12/05/2009 Vodafone pledges more investments in Turkey The British mobile phone giant Vodafone has vowed to increase its investments in Turkey, reiterating commitment in its operations despite a recent plunge in the number of its subscribers in the country. "Our investments in Turkey are long-term and we are looking...

Posted on 14 February 2011

Carmaker Toyota boosts output in Turkey

Date: 12/05/2009 Carmaker Toyota boosts output in Turkey The Japanese carmaker Toyota's Turkish unit increased its output by 38 percent in the first four months of 2009 over the same period last year. Toyota’s Kocaeli plant manufactured 19,295 units in this period, a 38 percent increase year-on-year, said the company...

Posted on 14 February 2011

Merrill Lynch expecting Turkey’s economy to grow 3.2 percent in 2010

Date: 07/05/2009 Merrill Lynch expecting Turkey's economy to grow 3.2 percent in 2010 Global financial management and advisory company Merrill Lynch estimated a 3.2 percent economic growth rate in Turkey for 2010, despite the general slowdown in the world economy. Turkey will make a quicker recovery than other countries of...

Posted on 14 February 2011

Global property giant enters the Turkish market

Date: 07/05/2009 Global property giant enters the Turkish market International Realty Plus real estate franchising and Turkey's Liman Holding launched IRP Turkey, their joint venture, in Istanbul. International Realty Plus currently operates in six countries. In the USA, its annual turnover stood at USD 50 million last year. Huseyin Altas,...

Posted on 14 February 2011

Turkish – German partnership to invest EUR 2.5 billion in energy

Date: 01/05/2009 Turkish – German partnership to invest EUR 2.5 billion in energy An energy partnership between the German company EnBW and Turkish conglomerate Borusan Holding will invest EUR 2.5 billion (USD 3.3 billion) over the next eight to ten years, the companies announced on Monday. EnBW acquired a 50...

Posted on 14 February 2011

Turkish stocks rally, analysts expect more

Date: 01/05/2009 Turkish stocks rally, analysts expect more ISTANBUL - Turkish stocks closed their best month since 2003, while they may rally further after the benchmark index crossed the 200-day moving average for the first time in almost a year and a half, Finans Invest said. The IMKB-100 benchmark index...

Posted on 14 February 2011

A Â’surgicalÂ’ help for Antalya tourism sector

Date: 23/04/2009 A ’surgical’ help for Antalya tourism sector British TV producer Dawn Elisabeth Simpson, who lives in Yorkshire, chose Antalya for aesthetic surgery upon receiving advice from a friend. Praising Turkish doctors, Simpson said she was very satisfied with the result of the surgery. Antalya, Turkey’s No. 1 tourist...

Posted on 14 February 2011

Let’s talk Turkey

Date: 22/04/2009 Let's talk Turkey With its Venetian-style bridges that arch across canals as clear as bottled Evian, Portville is a picture of relaxing holiday perfection. The gin-and-tonic terraces in front of the elegant waterfront houses catch the evening sun over the mountains and the daytime sparkle from the bay...

Posted on 14 February 2011

Turkey to make private sector the only actor in electricity distribution by 2020

Date: 21/04/2009 Turkey to make private sector the only actor in electricity distribution by 2020 Encouraging the use of renewable energy resources in the following decades should be a priority for both the private sector and the government, said Turkey’s Energy Minister Hilmi Guler last Friday. Speaking at a conference...

Posted on 14 February 2011

New yacht marina opens next month in Altinkum

Date: 17/04/2009 New yacht marina opens next month in Altinkum The Altinkum Didim Yacht Marina in Turkey has been in the pipeline for an absolute age, but the waiting is finally over. The 33.6 million pound marina will open next month, potentially giving a huge boost to property in the...

Posted on 14 February 2011