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Category Archives: Turkey News

Cadbury injects $1 billion in capital into Turkish economy

Date: 23/10/2008 Cadbury injects $1 billion in capital into Turkish economy Cadbury plc, the owner of one of Turkey’s leading confectionery makers, is aiming to boost its production capacity by expanding its already huge Kent Gida plant -- located in the Gebze district of the northwestern province of Kocaeli --...

Posted on 14 February 2011

European tourists still immune to crisis

Date: 20/10/2008 European tourists still immune to crisis While the economic crisis is seriously affecting the United States and European Union, luxurious cruise ships continue to bring the citizens of those countries to Izmir. Despite the economic crisis, there has been no decrease in the number of cruise tourists to...

Posted on 14 February 2011

National Bank of Greece invests USD 745 million in Turkey despite global crisis

Date: 20/10/2008 National Bank of Greece invests USD 745 million in Turkey despite global crisis Despite an ongoing financial crisis in international markets, foreign interest in Turkey continues unabated, with several major purchases of Turkish concerns by Greek companies being concluded over the past week. The National Bank of Greece...

Posted on 14 February 2011

Carphone Warehouse set to open superstores in Turkey

Date: 17/10/2008 Carphone Warehouse set to open superstores in Turkey Carphone Warehouse plans to open up to 200 giant electrical superstores across Europe and Turkey over the next five years as part of its tie-up with US electrical giant Best Buy. The European venture is a result of a partnership...

Posted on 14 February 2011

Convention center to change tourism in Kusadasi

Date: 17/10/2008 Convention center to change tourism in Kusadasi The construction of a convention center in Kusadasi is expected to end next summer and first bookings will be made as of 2010. Kusadasi Mayor Fuat Akdogan told the Anatolian news agency the center would serve a large part of the...

Posted on 14 February 2011

New European cruise ships to visit Antalya

Date: 15/10/2008 New European cruise ships to visit Antalya Director General of the port of the Mediterranean province of Antalya said that at least 120,000 European tourists would visit Antalya port every season, starting from 2010. Efe Hatay, Director General of Port Akdeniz Antalya, said Port Akdeniz Antalya recently signed...

Posted on 14 February 2011

Turkish Airlines is flying, it just keeps growing, and growing

Date: 15/10/2008 Turkish Airlines is flying, it just keeps growing, and growing TAKEOFF: As other carriers cancel orders because of the global financial crisis, Turkish Airlines will purchase at least 25 wide-body jetliners In a year when more than two dozen airlines collapsed due to record costs and the crippling...

Posted on 14 February 2011

Turkey expects increase in tourism for 2009

Date: 14/10/2008 Turkey expects increase in tourism for 2009 Despite a global economic crisis, there is no decrease in hotel reservations for 2009, says culture and tourism minister Turkey's tourism industry can overcome the effects of the global economic crisis if it offers reasonable prices and a well-organized promotion policy,...

Posted on 14 February 2011

“Use caution when buying property in Turkey” says report

Date: 14/10/2008 “Use caution when buying property in Turkey” says report The number of foreigners purchasing property in Turkey has boomed in recent years thanks to attractive pricing in the housing market, especially in southern parts of the country, which have an excellent climate. A report issued by the Land...

Posted on 14 February 2011

Easyjet launches new Gatwick-Istanbul route in December

Date: 13/10/2008 Easyjet launches new Gatwick-Istanbul route in December Easyjet will launch daily flights from London Gatwick to Istanbul this winter, complementing its existing service from Luton airport to the Turkish city. Flights start on December 12, with the outbound leg departing Gatwick at 0745, arriving into Istanbul at 1335....

Posted on 14 February 2011