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Tesco Kipa grows in Turkey, creates 2,000 jobs

Date: 22/04/2010 Tesco 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...

Posted on 14 February 2011

Leading Turkish industrialists to invest USD 45 billion in five years

Date: 20/04/2010 Leading 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...

Posted on 14 February 2011

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

Date: 19/04/2010 Turkey - 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...

Posted on 14 February 2011

Turkey – Share of foreigners in Istanbul Stock Exchange up

Date: 19/04/2010 Turkey - 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...

Posted on 14 February 2011

Long-Awaited Gazipasa Airport to Boost Alanya Property Market

Date: 19/04/2010 Long-Awaited Gazipasa Airport to Boost Alanya Property Market The opening of the long awaited Gazipasa airport will have a massive impact on the Alanya property market, leading Turkish property agent Spot Blue has announced. Proximity to an airport has become increasingly important to a destinations success, the firm...

Posted on 14 February 2011

Turkish health tourism sector targets $20 billion

Date: 15/04/2010 Turkish health tourism sector targets $20 billion The Turkish Health Tourism Association, or TUHETO, is promoting health tourism to Turkey at a number of events in Ukraine, Dubai, Switzerland, Azerbaijan and Kazakhstan during April, May and June. The association aims to attract an income of $20 billion from...

Posted on 14 February 2011

Turkey – There is no need for IMF, says Babacan

Date: 15/04/2010 Turkey - There is no need for IMF, says Babacan The Turkish state minister responsible of economy said on Thursday that there was no need for International Monetary Fund, or IMF, loans. Turkey's State Minister and Deputy Prime Minister Ali Babacan said an IMF delegation would arrive in...

Posted on 14 February 2011

Spanish Insurer Mapfre to enter pension market in Turkey, warms up to acquisitions

Date: 14/04/2010 Spanish Insurer Mapfre to enter pension market in Turkey, warms up to acquisitions Spanish insurance company Mapfre’s Turkish operations are set to expand, as Mapfre Genel Sigorta is getting ready to enter the private pension sector of the Turkish market. Stating that their primary objective is to provide...

Posted on 14 February 2011

Foreign investments on the rise in TurkeyÂ’s fruit industry

Date: 14/04/2010 Foreign investments on the rise in Turkey’s fruit industry Following Brazilian fruit producer Cutrale’s cooperation deal with the Turkish companies Anadolu and Etap, more globally renowned companies have started to consider investing in the country’s flourishing agro-industry. The Fruit Juice Industry Association (MEYED) President Alaaddin Guc said they...

Posted on 14 February 2011

Turkey – Istanbul to have an “undersea” hotel by 2012

Date: 14/04/2010 Turkey - Istanbul to have an “undersea” hotel by 2012 Istanbul’s first undersea hotel, which is being built by Tanriverdi Group in association with the international hotel chain Shangri-La, will open its doors to customers by the year 2012. The seven-star Shangri-La Istanbul, located on Istanbul’s Besiktas coast,...

Posted on 14 February 2011