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Turkey – Italian low-cost airline optimistic on Turkey

Date: 28/04/2010Turkey - Italian low-cost airline optimistic on Turkey Blue Express Airlines, an Italian low-cost carrier, has launched flights to Turkey for 70 euros, including taxes. Having launched Rome flights in December, the firm started Milan-Istanbul flights as of March 28. Rome-Istanbul flight was introduced to press members and a...

Posted on 14 February 2011

French Akuo to invest USD 2.2 billion in Turkish wind energy projects

Date: 27/04/2010French Akuo to invest USD 2.2 billion in Turkish wind energy projects France-based Akuo Energy has ordered the wind turbines required for its wind farm in Turkey’s Central Anatolian province of Kirsehir, thus officially starting up the first stage of a five-year-long investment process worth USD 2.2 billion. German...

Posted on 14 February 2011

Chery decides on Sakarya for car plant in Turkey

Date: 26/04/2010Chery decides on Sakarya for car plant in Turkey Chinese car maker Chery’s plan to establish a manufacturing plant in Turkey has entered its final phase. Chery and Mermerler Group, Chery’s distributor/partner in Turkey, are about to finalize the deal to start construction in Sakarya’s Karasu district. With some...

Posted on 14 February 2011

Microsoft signals new investments in Turkey

Date: 23/04/2010Microsoft signals new investments in Turkey Microsoft Turkey’s newly appointed CEO Taner Ozmen has stated that the software giant will continue to invest in Turkey. Formerly employed by French telecommunications company Orange, the Microsoft Turkey Chief said, “Turkey has great potential in the ICT sector and can be considered...

Posted on 14 February 2011

Vodafone Turkey to invest TRY 40 million in Izmir (£17.5 million)

Date: 23/04/2010Vodafone Turkey to invest TRY 40 million in Izmir (£17.5 million) Vodafone Turkey CEO Serpil Timuray said the company will invest an additional TRY 40 million in Izmir for the localization of its services, thus signifying the importance it attaches to Turkey’s third largest city on the Aegean coast....

Posted on 14 February 2011

Turkey – New terminal building commissioned in Antalya International Airport

Date: 22/04/2010Turkey - New terminal building commissioned in Antalya International Airport Reaching Antalya, one of Turkey’s most popular tourist destinations on the Mediterranean coast, has now become easier with the addition of a new terminal building to Antalya Airport. ICF Airports has announced the completion and commissioning of its giant...

Posted on 14 February 2011

Tesco Kipa grows in Turkey, creates 2,000 jobs

Date: 22/04/2010Tesco Kipa grows in Turkey, creates 2,000 jobs Turkish-British JV Tesco Kipa is to create 2,000 new jobs in 2010 as part of its ongoing investments. Active in the Turkish market since 2003, the supermarket chain has opened new stores in Nevsehir, Istanbul’s Pendik district, Balikesir and Ankara with...

Posted on 14 February 2011

Leading Turkish industrialists to invest USD 45 billion in five years

Date: 20/04/2010Leading Turkish industrialists to invest USD 45 billion in five years As the effects of the global financial crisis have waned, leading Turkish companies have resumed implementation of their growth plans. Turkey’s major companies such as Koc, Sabanci, Zorlu, Akkok, Fiba, Eczacibasi, Sanko and Alarko are set to invest...

Posted on 14 February 2011

Turkey – IstanbulÂ’s Sabiha Gokcen Airport gets busier, adds new runway

Date: 19/04/2010Turkey - Istanbul’s Sabiha Gokcen Airport gets busier, adds new runway Sabiha Gokcen Airport, Istanbul’s second airport after Ataturk Airport in Yesilkoy, has doubled the number of its passengers as a result of introducing international flights. The airport’s passenger number rose by 96 percent in the first quarter of...

Posted on 14 February 2011

Turkey – Share of foreigners in Istanbul Stock Exchange up

Date: 19/04/2010Turkey - Share of foreigners in Istanbul Stock Exchange up Share of foreign investors in the Istanbul Stock Exchange (ISE) has increased to 66.82 percent. Central Registry Institution figures revealed that as of April 16, foreign investors owned 53.99 percent of the shares transacted at the ISE with the...

Posted on 14 February 2011