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Turkey – Lykia Group to invest EUR 40 million in Antalya

Date: 12/05/2010 Turkey - 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,...

Posted on 14 February 2011

Turkey – Danish firms eye renewable energy investments in Turkey

Date: 10/05/2010 Turkey - 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...

Posted on 14 February 2011

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

Date: 10/05/2010 Turkey'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,...

Posted on 14 February 2011

Turkey – RWE to invest EUR 500 million in Turkish power plant

Date: 04/05/2010 Turkey - RWE to invest EUR 500 million in Turkish power plant German power company RWE will construct a power plant worth EUR 500 million in the Aegean province of Denizli. The 775 MW combined cycle gas turbine power plant will be operational by the end of 2012....

Posted on 14 February 2011

US company Ingersoll Rand exports to 95 countries from Turkish plant

Date: 04/05/2010 US company Ingersoll Rand exports to 95 countries from Turkish plant Industrial manufacturing company Ingersoll Rand (IR) has turned its security equipment production plant in Turkey into its main supply and logistics base in the EMEA region. Acquired from Turkish security lock manufacturer ITO in 2001, the plant...

Posted on 14 February 2011

Turkey – Italian low-cost airline optimistic on Turkey

Date: 28/04/2010 Turkey - 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...

Posted on 14 February 2011

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

Date: 27/04/2010 French 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....

Posted on 14 February 2011

Chery decides on Sakarya for car plant in Turkey

Date: 26/04/2010 Chery 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...

Posted on 14 February 2011

Microsoft signals new investments in Turkey

Date: 23/04/2010 Microsoft 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...

Posted on 14 February 2011

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

Date: 23/04/2010 Vodafone 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...

Posted on 14 February 2011