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Tag Archives: Turkish Business

South Korea’s Hyundai says Turkish quality is “outstanding”

25 October 2011, Istanbul - Speaking at the 2011 Izmir Autoshow Fair, Umit Karaaslan, Hyundai’s (Turkey) General Manager, indicated that the South Korean car manufacturing car company plans to double its production in Turkey. Karaaslan said “Hyundai’s decision process for the Turkey investment is in its final stage and works...

Posted on 25 October 2011

Swiss chocolate manufacturer increases Turkish investment & production

28 September 2011, Turkey - Nestle, the Swiss based chocolate manufacturer intends to increase its business in the low cost sweet and chocolate market in Turkey according to Devrim Cobek, Nestle’s Business Executive Manager of Nestlé Turkey’s Confectionery Business Unit. Nestle purchased a 51% share in Turkey’s Balaban Gida company...

Posted on 28 September 2011

Working with Turkey will be very profitable says Turkish Prime Minister

26 September 2011, Turkey - Speaking from New York Turkey’s Prime Minister Recep Tayyip Erdogan said that businesses working with or investing in Turkey will benefit greatly from it. Erdogan said “We (Turkey) made many reforms, especially sector and company specific micro reforms, to increase Turkey’s competitive advantage in the world,...

Posted on 26 September 2011