The Ministry of Commerce has taken the first step to distinguish the domestic goods with a new “made in Turkey” label. By the regulation on the amendment of the price tag regulation, new shapes, logos and/or the sign determined by the ministry for the products produced in Turkey will be possible to use. According to
- +90 212 243 76 66
- info@conexioconsulting.com
Our Blog
October 8, 2018
October 2, 2018
TURKISH AIRLINES FLYING ALL AROUND THE WORLD
THY reached its record in number of passangers in its history and doubled its profit. In the first half of 2018, the institution carrying over 35 million passengers reached a total profit of $ 258 million. Turkish Airlines increased its flight connections to 304 and its occupancy rate in July was 85%. It aims to
September 26, 2018
THE GROWTH OF THE CIVIL AVIATION IN TURKEY
Turkish civil aviation has reached a new record with five aviation enterprises located within the top 10 exporters of services. According to a report released by Turkey Exporters Assembly (TIM), aviation businesses rose to first place in the export services list. According to TİM’s 2017 figures, THY ranked first, and Pegasus, SunExpress, TAV Airports, and
September 26, 2018
TURKISH COMPANIES’ SUCCESS IN RUSSIA
Russia is one of the countries where the Turks have invested the most excluding the European countries where there are vast Turkish origin population, like Germany and France. Among these investors, there are well known enterprises such as Koç, ENKA, Anadolu and Şişecam, as well as Turkish investors born and raised in Russia. Turkish companies
September 14, 2018
TURKEY’S EXPORT-IMPORT ANALYSIS
The trade volume and the exchange in the export- import figures of Turkey and its trade partnership countries have been very positive in the last few years. Exports Germany ranked top 1 in Turkey’s export countries list with 15.1 billion USD in 2017. Exports reached $ 12.9 billion in 2008 with this country, which makes
August 15, 2018
DEVELOPMENTS OF AEROSPACE SECTOR IN TURKEY
The countdown has begun for Turkey Space Agency included within the 100 Day Action Plan announced by President Recep Tayyip Erdogan. Industry and Technology Minister Mustafa Varank said, the agency that oversees Turkey’s national interests, to ensure coordination in the field of space inustries devlopment. He continued that Turkish Space Agency, in the field of
August 8, 2018
BEST INVESMENT AREAS IN TURKEY IN 2018
Let’s have a close look to the best investment areas in Turkey according to the 2018 investment conditions. Right now the most interesting investment sectors are in Turkey are construction, clothing, food and tourism. Construction sector is growing every year 1,5-2% above the Turkish GDP growth. The size of the investment have no much importance
July 24, 2018
BUSINESS WORLD’S OPINION ON THE NEW CABINET
Business representatives are hopeful that the problems and bureaucratic obstacles will be swiftly overrun by stating that the new cabinet’s economic administration has emerged from within them. It was noted that the assignments made about the economy gave confidence. After the announcement of the new cabinet, the eyes turned to economy management. The Decree Law
July 19, 2018
SME SUPPORTS FROM TURKISH GOVERNMENT
KOSGEB, the Presidency of the Administration for the Development and Support of Small and Medium Size Companies, is carrying its activities under the Ministry of Science, Industry and Technology, established in 1990. The aim is to increase the impact of small and medium-sized enterprises and the share of industry in order to meet social needs
June 28, 2018
TURKEY’S TOURISM TRENDS 2018
Limited & focus service: Hotels providing service as ‘Guest-oriented’ start to increase its number in Turkey. It seems that the hotels will be also cost-oriented now. There is no minibar in the room, no minibar personnel. There’s no doorman and no bellboy. We will find many new services, such as ready-made tea coffee machines in
June 20, 2018
MEGA INDUSTRIAL ZONES PROJECT
Mega Industrial Zones are defined as “regions where large-scale domestic and foreign investments will be made to produce high and medium-high techological products”. Expropriation costs and infrastructure related costs of the Mega Industry Zones will be covered by the Ministry. Expenses to cover are: “Expropriation can be applied to all kinds of activities such as
June 14, 2018
TURKEY- BULGARIA EFFECT
New developments in the relations of the two neighbouring coutries have been discussed reciently. The meeting that the economic authorities of the two countries attended, was held on February 7, 2018 in Sofia, the capital of Bulgaria. Turkish Economy Minister Nihat Zeybekçi stated that ” On the eve of the transformation of world economic systems
June 12, 2018
TURKEY’S DOMESTIC CAR PROJECT
Turkey’s ‘domestic automobile’ dream came true 52 years ago by the mass production of the car named ‘Anadol’. Reviving the dream by 5 strong Turkish companies and by the leadership of President Erdogan in november 2017, today Turkey’s Automobile Joing Venture group is expected to be incorporated after presenting the CEO of the organization. As
May 24, 2018
TURKEY- GREECE ECONOMIC RELATIONS
The most concrete reflections of dialogue and co-operation between Turkey and Greece are observed in the fields of trade, economy, transport and tourism. In 2014 Turkish trade volume with Greece reached 5.6 billion USD, which corresponds to nearly twice the 2010 trade figures established by the YDIK mechanism. When there was a decline in the