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Tuesday, September 13 2011 , Your time is 15:58:00
Ankara must stick to its European Union membership target, explain itself in a better way and pass the reforms in order to be able to attract more foreign investment, Deputy Prime Minister Mehmet Şimşek said on May 23.
ISTANBUL - Hürriyet
Ekonomist, a weekly Turkish economy magazine, has selected chairman of Pegasus Airlines Ali Sabancı as the “Businessman of the Year” for a second year in a row.
ISTANBUL - Hürriyet Daily News
Özak GYO, a local real estate investment firm, issued a guarantee to buy back all the shares at the same price acquired at the firm’s initial public offering (IPO) if an investor holds them for three consecutive months, according to a company press release.
South Korea’s electronics firm Samsung plans to make a greenfield investment for the manufacture of some of its products in Turkey, said a top executive of the company’s local unit yesterday.
DETROIT/TOKYO - Reuters
General Motors regained its title as the world’s top-selling automaker from Japanese rival Toyota Motor in 2011, but the U.S. company faces a challenge to stay on top this year as Toyota rebuilds its disaster-struck business.
Citigroup Europe is interested in entering into the sukuk, or Islamic bond, market in Turkey, the group’s Middle East and Africa (EMEA) board director Alberto Verme told Hürriyet.
Tofaş, the carmaker that has claimed to build a domestic car, will not use an already-existing platform, says Mustafa Koç, its top executive. This will be a mid-range car, he says
2 Comment(s) 1/20/2012
News Corp., the global media company owned by Rupert Murdoch, may join competition to acquire media assets owned by Turkey’s Çalık Group, the Wall Street Journal has claimed.
ISTANBUL - Anatolia News Agency
General Mobile has won the PC tablet tender for Turkey’s massive information technology project called Fatih to be launched in schools nationwide, bringing high technology “smart classrooms” to the country.
Turkish Airlines is set to start acquisition talks with Polish LOT Airlines following Warsaw’s promises to privatize the air carrier, which posted a $17 million loss in 2010. ‘Many airlines have proposed partnerships with us. We have decided on LOT Airlines,’ says Hamdi Topçu, the chairman of the flagship carrier
Abdi İbrahim, Turkey’s 100-year-old pharmaceutical company that ranks among the world’s top 20 generic firms, will expand to new markets by establishing operations and partnerships with local firms in the Middle East and Central Asia, said the firm’s top executive yesterday.
ANKARA - Anatolia News Agency
Turkey’s milk industry has been subjected to a campaign since soft drinks were prohibited in school canteens, according to the president of the Agriculturalists’ Association of Turkey (TZD).
Turkey’s Court of Accounts, the top exchequer and audit body, is seeking a former head of the Prime Ministry Investment Support and Promotion Agency upon accusations of him acting against legislation during his term, Sözcü newspaper reported yesterday.