Etiket Arşivi: Turkey

Turkey, the shining star in the cosmetics industry

Turkey offers important investment opportunities for the giant companies of several countries. Turkey is among the most interested countries in the cosmetic industries and several giant brands are considering investing in the country. Turkey is counted as the most attractive country in Middle East and East European cosmetics markets. Tourists coming from Russia, Iran and other Middle Eastern countries are ...

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Food Exporters increased their target in the Russian market

The goal in exporting food to Russia is exceeding 1 billion dollars The food industry, leaded by the Agriculture and Forestry Minister Dr. Bekir Pakdemirli, visited Russia, which is the sole country considered as the target market of all exporting industries in Turkey, for settlement of problems experienced in exportation operations. In a 9-month period, the Turkish food industry exported ...

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Turkish fruit juices sweeten the mouth of the world

The world’s mouth is sweetening Turkish juices. Turkey’s exports of fruit juice grabbed 30 percent export growth rate in the amount of $ 279 million in 2018 and was the star of the export of fruit and vegetable products in the industry. Fruit juice exports in 2017 was $ 214 million. As Turkey exported fruit juice to 150 countries, fruit juice exports ...

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Turkey’s SWF to focus on securitization

The first act of business by the Turkish Sovereign Wealth Fund (SWF) will be the issuance of securities, while it will also focus on Islamic finance products in securitization, the size which will be decided separately after a valuation of transferred assets. The fund will contact local and foreign investors for securitization over the next few months. The size of ...

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Henkel wants to expand production in Turkey

 Henkel has initiated consultations with a view to producing three brands the company acquired last year in Turkey, according to Henkel Turkey Chair Hasan Alemdar. He also stated that Henkel wants to utilize Turkey’s location as a hub for production. Henkel purchased Turkey’s first shampoo brand Blendax and strengthened its hair care product portfolio before going on to purchase “Pert” ...

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Turkey’s first national air traffic control simulator enters into service

The first national air traffic control simulator developed with local resources went into service after getting successfully installed in a Turkish airport’s training and simulator facilities says the Scientific and Technological Research Council of Turkey (TUBITAK). TUBITAK said in a written statement that the first national air traffic control simulator system (atcTRsim) has several simulators such as approach, area control ...

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Turkey’s automotive production up by 31 pct for Jan.

Automotive production in Turkey surged 31 percent year-on-year in the first month of 2017, according to an Automotive Manufacturers’ Association (OSD) report released. The OSD said automakers manufactured 128,000 vehicles — including automobiles, light commercial vehicles and tractors in January 2017 , while automobile production advanced 61 percent to stand at 94,000 in the same period. The overall auto sales ...

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Turkey’s unemployment to fall to 9.5-10 pct

Turkey’s unemployment to fall to 9.5-10 pct by end of 2017 with new job campaign: Minister Turkey’s unemployment rate will fall to single digit figures by the end of 2017 thanks to a number of plans to boost employment, Labor and Social Security Minister Mehmet Müezzinoğlu has claimed. “With the positive impact of employment boosting steps, the unemployment rate will ...

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Turkey trade deficit shrank in Feb.

Exports rose 7.4 percent compared to January, according to new trade ministry data Turkey’s foreign trade deficit in February declined sharply from the previous month, preliminary statistics from the Customs and Trade Ministry showed. Exports in February were worth $12.12 billion, up 7.4 percent from the previous month while imports edged up 1.5 percent to reach $15.82 billion, according to ...

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Turkey-Hungary aim to increase trade volume up to $5B

Science, Technology and Industry Minister Faruk Özlü told media members that Turkey and Hungary aim to increase their trade volume up to $5 billion and that the two countries are close to achieving the goal. Speaking at a joint press conference held with Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó after the 5th Session of the Turkey-Hungary Joint ...

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