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Category: Company & Industry

Company & Industry news from Turkey in English

Sabanci Holding | Buy: Focus on energy continues
Categories Company & Industry Finance HIGHLIGHTS

Sabanci Holding | Buy: Focus on energy continues

Cem CetingucPosted on2 February, 20232 February, 2023

Energy takes the lead in NAV contribution. We have revisited our fair value for the … Continue ReadingSabanci Holding | Buy: Focus on energy continues

Koc Holding | BUY: Strong dividend income to support net cash
Categories Company & Industry Finance HIGHLIGHTS

Koc Holding | BUY: Strong dividend income to support net cash

Cem CetingucPosted on2 February, 20232 February, 2023

Surge in dividend income likely. We project Koc’s dividend income to more than triple y-o-y … Continue ReadingKoc Holding | BUY: Strong dividend income to support net cash

Teknosa |BUY: Be boring make money
Categories Business Company & Industry Finance HIGHLIGHTS

Teknosa |BUY: Be boring make money

Cem CetingucPosted on1 February, 2023

Technology Superstores are Increasing Their Market Share Despite the aggressive top line growth strategies of … Continue ReadingTeknosa |BUY: Be boring make money

Turkey will increase gold production to reduce import dependency: Erdogan
Categories Company & Industry Economy HIGHLIGHTS

Turkey will increase gold production to reduce import dependency: Erdogan

Cem CetingucPosted on1 February, 2023

Turkey plans to keep increasing its gold production so it can rely less on imports, … Continue ReadingTurkey will increase gold production to reduce import dependency: Erdogan

Turkish automobiles: Mostly a domestic story in 2023
Categories Company & Industry Finance HIGHLIGHTS

Turkish automobiles: Mostly a domestic story in 2023

Cem CetingucPosted on21 January, 2023

2023 more about domestic than exports, and more about pricing than volumes. A strong December … Continue ReadingTurkish automobiles: Mostly a domestic story in 2023

Hive Energy reveals plan to build solar facilities in Turkey
Categories Company & Industry General HIGHLIGHTS Tech

Hive Energy reveals plan to build solar facilities in Turkey

Cem CetingucPosted on14 January, 2023

The company intends to build the projects in 30 locations across the country with an … Continue ReadingHive Energy reveals plan to build solar facilities in Turkey

Getir is taking over the European market
Categories Business Company & Industry Emerging Markets HIGHLIGHTS Markets

Getir is taking over the European market

Cem CetingucPosted on13 January, 202313 January, 2023

FIVE YEARS AGO, investors wouldn’t return Nazim Salur’s calls. Now his company, Getir, is the biggest … Continue ReadingGetir is taking over the European market

Ford/LG partner up to build new battery plant in Turkey
Categories Business Company & Industry HIGHLIGHTS

Ford/LG partner up to build new battery plant in Turkey

Cem CetingucPosted on13 January, 202313 January, 2023

The factory is slated to start operation as soon as 2025 with an annual capacity … Continue ReadingFord/LG partner up to build new battery plant in Turkey

Alibaba to invest 1 Billion dollars in Turkey
Categories Company & Industry HIGHLIGHTS Markets

Alibaba to invest 1 Billion dollars in Turkey

Cem CetingucPosted on10 January, 202310 January, 2023

Chinese e-commerce giant Alibaba Group Holding Ltd is planning a logistics hub at Istanbul Airport … Continue ReadingAlibaba to invest 1 Billion dollars in Turkey

Turkish government announces low interest mortgages for mid-income citizens
Categories Company & Industry Economy General HIGHLIGHTS

Turkish government announces low interest mortgages for mid-income citizens

Cem CetingucPosted on4 January, 2023

Mortgages with lower rates and longer maturities will be offered to middle-income Turkish citizens looking … Continue ReadingTurkish government announces low interest mortgages for mid-income citizens

Turkish UAV’s play significant role in Ukraine war: NATO
Categories Company & Industry HIGHLIGHTS Tech

Turkish UAV’s play significant role in Ukraine war: NATO

Cem CetingucPosted on21 December, 2022

Turkish-made drones used by Ukraine on the battlefield are “playing a huge role in Ukraine,” … Continue ReadingTurkish UAV’s play significant role in Ukraine war: NATO

Turkey’s first unmanned fighter aircraft takes off for the first time
Categories Company & Industry HIGHLIGHTS HYPED Tech

Turkey’s first unmanned fighter aircraft takes off for the first time

Cem CetingucPosted on16 December, 2022

Turkey’s first indigenous unmanned fighter aircraft Bayraktar Kızılelma, developed by Baykar Technologies, has completed its test take-off in … Continue ReadingTurkey’s first unmanned fighter aircraft takes off for the first time

PayTabs’ acquisiton of Paymes finalized
Categories Business Company & Industry HIGHLIGHTS Tech

PayTabs’ acquisiton of Paymes finalized

Cem CetingucPosted on14 December, 2022

PayTabs, Middle East, Africa, and South Asia’s (MEASA’s) award-winning payments powerhouse, in a power play announced that it had … Continue ReadingPayTabs’ acquisiton of Paymes finalized

Turkey Health Tourism Sector aim to expand over 60 Countries
Categories Company & Industry Economy Emerging Markets General HIGHLIGHTS

Turkey Health Tourism Sector aim to expand over 60 Countries

Cem CetingucPosted on4 December, 2022

Data from the Health Ministry showed that 1.5 million foreign nationals visited Türkiye to receive … Continue ReadingTurkey Health Tourism Sector aim to expand over 60 Countries

American Express: Istanbul is among top 10 tourist destinations in 2023
Categories Company & Industry General HIGHLIGHTS

American Express: Istanbul is among top 10 tourist destinations in 2023

Cem CetingucPosted on30 November, 202230 November, 2022

Istanbul is among the top 10 trending destinations in 2023 in the world, according to American … Continue ReadingAmerican Express: Istanbul is among top 10 tourist destinations in 2023

Economist: Halal products show great potential in the market
Categories Business Company & Industry Economy HIGHLIGHTS

Economist: Halal products show great potential in the market

Cem CetingucPosted on28 November, 202228 November, 2022

The economy around halal products — those meeting Islamic standards — has a very bright … Continue ReadingEconomist: Halal products show great potential in the market

HP to layoff 6,000 employees due to global economy
Categories Business Company & Industry HIGHLIGHTS

HP to layoff 6,000 employees due to global economy

Cem CetingucPosted on24 November, 2022

PC-maker Hewlett Packard on Nov. 22 said it would layoff as many as 6,000 employees over the … Continue ReadingHP to layoff 6,000 employees due to global economy

Turkish combat aircraft reaches its final stage
Categories Company & Industry General HIGHLIGHTS Tech

Turkish combat aircraft reaches its final stage

Cem CetingucPosted on24 November, 2022

The construction of the indigenous combat aircraft has reached its final stage, as the wings have … Continue ReadingTurkish combat aircraft reaches its final stage

Erdogan: Turkey will impose measures to shops charging excessive prices
Categories Company & Industry Economy General HIGHLIGHTS

Erdogan: Turkey will impose measures to shops charging excessive prices

Cem CetingucPosted on22 November, 2022

Turkish President Tayyip Erdogan said he will hold discussions at the next cabinet meeting on … Continue ReadingErdogan: Turkey will impose measures to shops charging excessive prices

Turkish authorities investigate reasons of FTX’s collapse
Categories Company & Industry Finance General HIGHLIGHTS

Turkish authorities investigate reasons of FTX’s collapse

Cem CetingucPosted on17 November, 2022

The Turkish regulator joined the United States and the Bahamas in investigating the exchange’s fall. … Continue ReadingTurkish authorities investigate reasons of FTX’s collapse

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