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Category Archives: Turkey News

Spain goes turkish

Date: 19/06/2007Spain goes turkish At a series of meetings held in Istanbul, the Spanish Commercial attaché Francisco J. Alfonso said that Spain seeks to intensify its presence in Turkey. He went on to say, ““Excluding intra-European community trade, Turkey is our largest trade partner after the United States, but in...

Posted on 14 February 2011

British Companies Give Turkey Vote of Confidence

Date: 19/06/2007British Companies Give Turkey Vote of Confidence Aviva, better known as Norwich Union, the largest UK insurer, is expanding its life and pensions business in Turkish market though a merger with joint venture with Akbank. Aviva's Turkish expansion is the latest move in a fast-growing market that is becoming...

Posted on 14 February 2011

Blue Flag Awards for Turkey

Date: 11/06/2007Blue Flag Awards for Turkey At the Blue Flag Awards on 5th June 2007 235 beaches in Turkey were awarded the prestigious Blue Flag including: 166 in Antalya region; 58 in Mugla region and 20 in Aydin region. 14 marinas were also awarded Blue Flags including: 4 in Antalya...

Posted on 14 February 2011

American Bank Buys into Departmental Stores in Turkey

Date: 04/05/2007American Bank Buys into Departmental Stores in Turkey Citigroup to buy shares in Boyner, Beymen Citigroup’s, Venture Capital International (CVCI) will purchase 30 percent of Boyner and 50 percent of Beymen department stores. The talks following the letter of intent has been signed February 12, have been finalized. The...

Posted on 14 February 2011

Turkey is Tops in Tourism

Date: 04/05/2007Turkey is Tops in Tourism Of all OECD countries, Turkey ranked first as the country with the highest increase of foreign tourists between the years 1990 and 2005, with a 241.4 percent increase. The number of foreign tourists coming to Turkey increased from less than 10 million in 2000...

Posted on 14 February 2011

Grant Thornton Report – Turkey “the next generation.”

Date: 04/05/2007Grant Thornton Report – Turkey “the next generation.” In a recent report, Grant Thornton, the international accounting firm, predict that Turkey may overtake the BRIC (Brazil, Russia, India & China) group in terms of growth. "While the BRIC economies lead the emerging markets, opportunities are evident for others to...

Posted on 14 February 2011

Swiss Investment into Turkey

Date: 27/04/2007Swiss Investment into Turkey ISTANBUL 27 April 2007 Mövenpick Hotels & Resorts, the Swiss international hotel chain who have been operating in Turkey since 2003, plans to open two new hotels in Turkey. The President of Movenpick., Jean Peres, said “We have always believed in the potential growth of...

Posted on 14 February 2011

Over Fifties want better life Overseas

Date: 27/04/2007Over Fifties want better life Overseas 27 April 2007 The retirement specialist Insure4Retirement.co.uk reveals that more than half of all Britons hope to move abroad when they retire.Finance is one of the biggest worries for retirees with 40 per cent of people saying that securing a steady pension income...

Posted on 14 February 2011

Roman Abramovich buys 5 Star hotel in Antalya.

Date: 27/04/2007Roman Abramovich buys 5 Star hotel in Antalya. Chelsea Football Club owner, Roman Abramovich, has bought the 5-star Sofisa Istanbul Hotel in Antalya on the southern Mediterranean coast. According to filed plans, The Sofisa Istanbul is to be equipped with the latest technology and will target up-market tourists with...

Posted on 14 February 2011

Tesco Likes Turkey

Date: 26/04/2007Tesco Likes Turkey Tesco has now opened its 13th store in Turkey and is planning to invest another £150 million on opening another eight stores. With stores in Antalya and Bodrum, Tesco reports sales are rising strongly with profits doubling.

Posted on 14 February 2011