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Istanbul, 3 February 2012 – With its Turkish partner Oyak Holdings, Renault, the French auto manufacturer, is to invest USD 254 million in its manufacturing plant in Turkey. In 2012 Renualt intends to start production of new Clio 4 Supermini together with its upgraded Megane 3 hatchback as well as considering adding a new light [...]
Tags: Investment, Turkey, Turkey Economy
Posted in Company News, Investment, Turkey News |
Istanbul, 2 February 2012 – For the second year running a survey conducted by PwC (PricewaterhouseCoopers) and the Urban Land Institute has placed Istanbul as the top European city to invest in commenting “Turkey’s appeal is based on a long-term view of the future”. 600 European real estate professional were surveyed and selected Istanbul as [...]
Tags: Investment, istanbul, property in turkey
Posted in Investment, Istanbul, Turkey News |
Ankara, 1st February 2012 – Unlike European banks, Turkish banks had a very good profitable year in 2011 with profits reaching nearly 12 billion USD. In a recent report by Brand Finance, a London based brand valuation consultancy, eight Turkish banks were rated in the top global 500 for brand values with Akbank being rated [...]
Tags: news, Turkey Economy
Posted in Business News, Trends, Turkey News |
Istanbul, 31 January 2012 – According to Turkish Statistical Institute Turkey’s tourism income rose by over 10 percent in 2011 (from 2010) reaching 23 billion USD. The UN World Tourism Organization ranks Turkey seventh in the world for the most visited destination. With the number of visitors to Turkey increasing year on year Turkey aims [...]
Tags: Tourism, travel to turkey, Trends
Posted in Statistics, Tourism, Turkey News |
Istanbul, 26 January 2012 – According to Mr Mehmet Buyukeksi, Chairman of the Turkish Exporters Assembly, Turkey’s exports should reach 150 billion USD in 2012. In the first 25 days of 2012 Turkey’s exports increased by over 13 percent compared to the same period of 2011. “2012 will be a better year than it is [...]
Tags: Economy, news
Posted in Economy, Trends, Turkey News |
23 January 2012, Istanbul – NCR the US technology has identified Turkey as its potential regional headquarters. Commenting on a forthcoming visit to Turkey Mr Bill Nuti, the NCR CEO said, “Engineering and call centre investments in Turkey are on the agenda. In order to provide new and better solutions to our customers, NCR has [...]
Tags: Investment, istanbul, Turkey
Posted in Business News, Company News, Turkey News |
19 January 2012, Gaziantep – Speaking in the SE city of Gaziantep, Mr Ilker Ayci, President of Turkey’s ‘Investment Support and Promotion Agency’, said “Turkey has attracted 70 percent more FDI in the first 11 months of 2011 over the same period of the preceding year, reaching USD 12.1 billion” before adding “This is clearly [...]
Tags: Investment, Trends, Turkey
Posted in Economy, Investment, Turkey News |
17 January 2012, Istanbul – According Martin Carver, the Chief Executive of the US based MG Consulting, investing in Turkey is more profitable than investing in China or Europe “I see no economic growth in European markets. That is why I would rather invest in Turkey” said Carver. Carver is investing 36 million USD in [...]
Tags: Investment, Turkey
Posted in Business News, Investment, Turkey News |
16 January 2012, Istanbul – GlaxoSmithKline (GSK) a leading UK pharmaceutical company is moving its Middle Eastern and African operations to Istanbul. This new Istanbul regional headquarters will be responsible for the operations in 30 countries within GSK markets. Commenting on the move, Asia Pacific and Emerging Markets Director of GSK, Abbas Huseyin, said “Turkey’s [...]
Tags: flights to turkey, Investment, istanbul
Posted in Business News, Company News, Turkey News |
6 January 2012, Istanbul – In 2011 Turkey received over 30 million visitors making it the 7th most popular destination in the world. Of this 30 million 8 million people visited the stunning city of Istanbul according its Culture and Tourism department number. This number shows an increase of over 16 percent over the 6.9 [...]
Tags: Tourism, Trends, turkey travel
Posted in Statistics, Tourism, Turkey News |
