Categories Business Company & Industry General HIGHLIGHTS Rosatom gives nuclear plant construction deal to TSM Enerji Cem CetingucPosted on1 August, 2022 Russia’s state nuclear energy firm Rosatom has awarded TSM Enerji the contract to undertake the … Continue ReadingRosatom gives nuclear plant construction deal to TSM Enerji
Categories Business HYPED David O’Byrne: Turkey, Russia gas ties grow contentious amid Ukraine war Atilla YeşiladaPosted on29 July, 2022 With Russian gas giant Gazprom this week again slashing its gas exports to Europe and … Continue ReadingDavid O’Byrne: Turkey, Russia gas ties grow contentious amid Ukraine war
Categories Business Company & Industry General HIGHLIGHTS Markets Indigenization rate in defense industry surpasses 70 percent Cem CetingucPosted on29 July, 2022 The indigenization rate in the country’s defense industry has surpassed 70 percent, Defense Industries Presidency (SSB) head İsmail … Continue ReadingIndigenization rate in defense industry surpasses 70 percent
Categories Business Company & Industry Finance HIGHLIGHTS BofA | TOFAS:Healthy 2Q recovery; reiterate Buy Cem CetingucPosted on29 July, 2022 Increase FY22E-23E EPS on avg by 21%; remain bullish We update our model for Tofas’ … Continue ReadingBofA | TOFAS:Healthy 2Q recovery; reiterate Buy
Categories Business Company & Industry Finance HIGHLIGHTS BIOEN – Turning waste into value (TP: TL13.10/share) Cem CetingucPosted on29 July, 2022 Turning waste into value. Biotrend is a leading player in Municipal solid waste management sector, focusing … Continue ReadingBIOEN – Turning waste into value (TP: TL13.10/share)
Categories Business General HIGHLIGHTS Markets Politics Grain corridor control center opened in Istanbul Cem CetingucPosted on28 July, 202228 July, 2022 The Joint Coordination Center that will run a complicated operation for the resumption of grain export … Continue ReadingGrain corridor control center opened in Istanbul
Categories Business Company & Industry General HIGHLIGHTS Politics Putin pushes Turkey to produce drones for Russia Cem CetingucPosted on27 July, 2022 Russian President Vladimir Putin is reportedly pushing for Ukraine’s drone supplier to produce weapons for the … Continue ReadingPutin pushes Turkey to produce drones for Russia
Categories Business Company & Industry HIGHLIGHTS Markets Turkish auto industry is on a mission for market expansion Cem CetingucPosted on26 July, 2022 Turkey’s automotive industry, which makes some 80% of its exports to Europe, is now in … Continue ReadingTurkish auto industry is on a mission for market expansion
Categories Business HIGHLIGHTS Politics Turkey calls all parties to comply Ukraine grain deal Cem CetingucPosted on26 July, 2022 Turkey on Monday called on all parties to keep to their responsibilities under a deal … Continue ReadingTurkey calls all parties to comply Ukraine grain deal
Categories Business General HIGHLIGHTS Politics Turkish, American defense ministers link up to dissect Ukraine war, F-16 deal Cem CetingucPosted on26 July, 202226 July, 2022 Turkish and American defense ministers, Hulusi Akar and Lloyd Austin, discussed the bilateral defense and security matters as … Continue ReadingTurkish, American defense ministers link up to dissect Ukraine war, F-16 deal
Categories Business Company & Industry Finance HIGHLIGHTS OZKGY- Outperform maintained with TP of TL10.10/share Cem CetingucPosted on26 July, 2022 2022E unit sales revenue at TL1.3bn Despite counter-cyclical regulatory changes such as cap for house … Continue ReadingOZKGY- Outperform maintained with TP of TL10.10/share
Categories Business Company & Industry General HIGHLIGHTS Turkey’s retail sector confidence witnessed biggest drop since April 2021 Cem CetingucPosted on25 July, 2022 Confidence among firms operating in Turkey’s retail industry dropped after inflation in the country extended … Continue ReadingTurkey’s retail sector confidence witnessed biggest drop since April 2021
Categories Business General HIGHLIGHTS Russia strikes Port of Odessa, grain deal in doubt Atilla YeşiladaPosted on24 July, 2022 Russia said on Sunday that its cruise missiles had struck military infrastructure of Ukraine’s Odesa … Continue ReadingRussia strikes Port of Odessa, grain deal in doubt
Categories Business Company & Industry Finance General HIGHLIGHTS EBRD loans 50 million dollars to QNB Finansbank for women-lead companies Cem CetingucPosted on23 July, 202223 July, 2022 The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to … Continue ReadingEBRD loans 50 million dollars to QNB Finansbank for women-lead companies
Categories Business General HIGHLIGHTS HYPED Politics Grain corridor deal signed in Istanbul Cem CetingucPosted on23 July, 2022 Ukraine and Russia, two neighboring countries in war since February, have signed two historic deals with Türkiye … Continue ReadingGrain corridor deal signed in Istanbul
Categories Business Company & Industry HIGHLIGHTS BOTAŞ: Natural gas delivery will halt due to maintenance Cem CetingucPosted on23 July, 2022 Turkey’s state pipeline operator said on Friday that gas flows would halt between Aug. 14 … Continue ReadingBOTAŞ: Natural gas delivery will halt due to maintenance
Categories Business General HIGHLIGHTS Turkey suffering the Mother of all Covid-19 surges Atilla YeşiladaPosted on22 July, 2022 The latest statistics from the Health Ministry showed 226,532 people tested positive for the coronavirus … Continue ReadingTurkey suffering the Mother of all Covid-19 surges
Categories Business Finance HYPED Ali Riza Güngen: The Shifting Politics of Debt in Turkey Atilla YeşiladaPosted on14 July, 2022 When the first wave of the Covid-19 pandemic in 2020 triggered widespread economic hardship, Turkish … Continue ReadingAli Riza Güngen: The Shifting Politics of Debt in Turkey
Categories Business HIGHLIGHTS Is Ukraine grain trade set to resume soon? Atilla YeşiladaPosted on14 July, 2022 UN secretary general António Guterres said that an “important and substantive step” was made towards … Continue ReadingIs Ukraine grain trade set to resume soon?
Categories Business HIGHLIGHTS World’s Second Largest Rare Earth Element Reserve Discovered In Turkey Atilla YeşiladaPosted on7 July, 2022 Turkey uncovered the world’s second largest rare earth element reserve in the Beylikova district of … Continue ReadingWorld’s Second Largest Rare Earth Element Reserve Discovered In Turkey