The locomotive of the Turkish economy which achieved its second september performance in history with 2.6 billion dollars export, the automotive sector, increased its export amount to Middle East and Commonwalth of Independent states countries considerably. According to information compiled from the data of the Union Assembly of Turkey Exporters and Uludag Automotive Industry Exporters,
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industry
diciembre 9, 2019
octubre 10, 2019
TURKEY GERMAN INVESTMENT RELATIONS
The German automotive giant Volkswagen founded Volkswagen Turkey Automotive Industry and Trade Inc. based in Manisa. The capital of the company was determined as 943.5 million pounds. Volkswagen is expected to decide whether to invest in Turkey, Manisa, Turkey established based unit. According to the information in the Trade Registry Gazette, the company’s name was
septiembre 12, 2019
TURKEY GLASS AND GLASSWARE SECTOR
According to the information compiled from Turkey Statistical Institute (TSI), Turkey made a big step on export in glass and glassware. Turkey earned $ 40 million in revenue more this year comparing to the January-June period last year from exports of glass and glassware. Glass and glassware imports decreased by 27 percent in the first
agosto 29, 2019
TURKEY’S PLASTIC WASTE IMPORT ANALYSIS
Turkey’s plastic waste import number raised highly in the recent years. We want to have a look at the researches done by Turkish Plastic Industry Foundation (PAGEV) to understand deeply this topic. According to the report ‘Plastic Packaging in Turkey’ published by PAGEV in 2016, the %37 of the packaging was produced from plastics in
julio 16, 2019
FREE ZONE ADVANTAGES IN TURKEY
Since 1987, the freezones in our country mainly established on the basis of to promote export-oriented investment and production are located as; in Mediterranean coast; Mersin, Antalya and Adana – Yumurtalik Free Zones, in Aegean Region; Denizli and İzmir Free Zones, Marmara Region; İstanbul Industry and Trade, İstanbul Trakya, Europe, Kocaeli, Tübitak-Mam Technology and Bursa
junio 18, 2019
RESULTS OF THE YEKA 2 WIND TENDERS
Enerjisa won the 250 MW Çanakkale Region YEKA Wind Energy Plant-2 tender with the lowest bid, 3.67 cents per kWh. Enerjisa also won the 250 MW Aydın region of YEKA -2 tender. Wind power plant capacity allocation auctions opened by Turkey Electricity Transmission Co. (TEIAS), and was held under the chairmanship of the commission of
junio 18, 2019
ROOF TOP SOLAR PLANTS ‘LEASING’
With the recent amendments made in solar energy, business owners will be able to install solar power plants on their roofs by paying leasing installments for the first 5 years as electricity bills, and then they will be able to produce electricity free of charge. QNB Finans Leasing and Solarçatı Installation Services Inc. signed a
mayo 28, 2019
TURKEY’S ENDEMIC RICHNESS
Turkey has a rich biodiversity, medicinal plants and fruit trees as economically important species such as the gene center stands out. Turkey, which hosts forests, mountains, moorlands, wetlands, marine and coastal ecosystems, carrying a small continent in terms of biodiversity characters with different formats and combinations Turkey’s fauna diversity, with the extent of wealth that
abril 18, 2019
TURKISH GREENHOUSE SECTOR IS REACHING WORLD LEVEL
A new credit package was introduced, which included increasing the agricultural production in greenhouses, establishing new greenhouses, introducing greenhouses to the economy and modernizing existing greenhouses. Hüseyin Aydın, General Manager of Ziraat Bank, said that they would lend more to the operating expenses of the producers with the package they prepared and they would apply
abril 18, 2019
NEW ECONOMY PROGRAM – STRUCTURAL TRANSFORMATION STEPS 2019 IN TURKEY
Treasury and Finance Minister Berat Albayrak announced the ‘New Economy Program: Structural Transformation Steps 2019’. Minister Albayrak said reforms will be made in the economy and the justice. Albayrak stated that the financial sector is the leading reform area and the first sector under the financial sector will be the banking sector. Recalling that the
abril 4, 2019
TURKEY’S CEMENT LEADING SECTOR
The Turkish cement sector, which employs 19 thousand people with its 70 factories, exports to more than 100 countries and ranks first in Europe and third in the world. With the economic troubles experienced in 2018, about 80 percent of the cement production costs were affected by the exchange rate increase; imported coal became 60
diciembre 12, 2018
HOUSING SALES TO THE FOREIGNERS IN TURKEY
While the foreigners increased their housing investments with the effect of the campaigns and exchange rates, the number of houses sold in October 2018 increased by 134.4 percent compared to the same month of 2017 and reached to 6.276. In October 2017, 2.677 houses were sold to foreigners. Within the 10 months of this year,
septiembre 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
agosto 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