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Turkey heads OECD growth list

Date: 28/05/2010Turkey heads OECD growth list According to estimates by the Organization for Economic Co-operation and Development (OECD), Turkey will grow by 6.8 percent in 2010, giving it the highest growth rate of all 31 members of the organization. The recently published “OECD Economic Outlook” highlights Turkey’s strong growth and...

Posted on 14 February 2011

Turkey – ING aims to become 5th largest corporation in the Turkish banking sector

Date: 27/05/2010Turkey - ING aims to become 5th largest corporation in the Turkish banking sector The Dutch banking corporation ING is aiming for a place on the list of the “Top 5” corporations in Turkey’s enviable banking sector. ING Bank Turkiye’s CEO Wilfred Nagel said the growth potential in Turkey...

Posted on 14 February 2011

“Made in Turkey ” – HP to market PCs globally

Date: 26/05/2010“Made in Turkey ” - HP to market PCs globally The world’s leading manufacturer of computers and peripherals Hewlett-Packard (HP) is establishing a plant in cooperation with the Taiwanese company Foxconn to manufacture computers in Turkey’s western district of Corlu. Having an annual production capacity of 2.4 million units,...

Posted on 14 February 2011

Turkish Minister: Recovery in employment faster than anticipated

Date: 24/05/2010Turkish Minister: Recovery in employment faster than anticipated Turkey is enjoying a faster-than-expected recovery in employment following the 2009 global financial crisis, Ali Babacan, Turkish State Minister for the Economy, told the Anatolian news agency on Sunday in Ankara. Evaluating the current developments in the markets, the minister said...

Posted on 14 February 2011

Turkey – Turkish Airlines keeps growing

Date: 24/05/2010Turkey - Turkish Airlines keeps growing Turkish Airlines (THY), Europe's fourth-largest carrier by passenger numbers, has achieved 21 percent growth in its international flights and five percent growth in its domestic flights, according to the company’s General Manager, Temel Kotil. Speaking at the MUSIAD (Independent Industrialists & Businessmen’s Association)...

Posted on 14 February 2011

TurkeyÂ’s flourishing tourism to receive USD 40 billion worth of investments

Date: 20/05/2010Turkey’s flourishing tourism to receive USD 40 billion worth of investments Turkey’s tourism industry is to receive USD 40 billion worth of new investments. The country remained highly popular as a holiday destination even during the global financial crisis and observed a three percent increase in the number of...

Posted on 14 February 2011

TurkeyÂ’s Istanbul’s Sabiha Gökçen Airport wins award

Date: 14/05/2010Turkey’s Istanbul's Sabiha Gökçen Airport wins award Istanbul's Sabiha Gökçen International Airport, located in the Asian side of the city, has won the "Airport Traffic Growth Award” given by an aviation website. Aviation news and analysis website Anna.aero selected Sabiha Gökçen as the top airport for increasing its number...

Posted on 14 February 2011

Turkey – Lykia Group to invest EUR 40 million in Antalya

Date: 12/05/2010Turkey - Lykia Group to invest EUR 40 million in Antalya Turkish resort chain Lykia Group is marking its 20th year with new investments. Lykia Group’s Board Chairman Burhan Silahtaroglu said that they will increase the capacity of their Lykia World Antalya resort from 1,200 to 1,400 beds, thus...

Posted on 14 February 2011

Turkey – Danish firms eye renewable energy investments in Turkey

Date: 10/05/2010Turkey - Danish firms eye renewable energy investments in Turkey Seen as one of the leading countries in the field of renewable energy, Turkey is still in the sights of many potential foreign investors looking for an alternative to fossil fuels. “Danish energy companies seeking to operate in the...

Posted on 14 February 2011

Turkey’s Boydak Holding to invest USD 1 billion in renewable energy in Turkey

Date: 10/05/2010Turkey's Boydak Holding to invest USD 1 billion in renewable energy in Turkey Memduh Boydak, CEO of Boydak Holding stated that they will invest USD 1 billion in the renewable energy sector within two years. “We’ll make 40 percent of this investment with our equity capital”, said Boydak, outlining...

Posted on 14 February 2011