Aircraft and spacecraft production in Turkey has reached approximately 1.8 billion dollars as of 2019. It is predicted that the market will double its size in 10 years, with an annual average growth of 8.6% until 2030. Turkey plays a key role in global defense industry production. Our country has made remarkable progress in the
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production
junio 19, 2020
ECONOMIC IMPACT OF CORONAVIRUS IN TURKISH ECONOMY
According to data from the Turkish Statistical Institute, Turkey’s gross domestic product (GDP) grew 4.5 percent in the first quarter of the year. The value of the first quarter GDP was 176 billion 146 million at current prices in US dollars. Consumer spending by credit card can be tracked weekly, decreased by 36.6 percent compared
mayo 29, 2020
NEW OPPORTUNITIES ARISE FOR TURKISH FIRMS AFTER CORONA CRISIS
With the new type of coronavirus (Covid-19) epidemic, global trade is being discussed again through concepts such as supply chain, strategic products, security, trust, joint action, logistics, the experts note that Turkey will be in an advantageous position according to many factors like its geographical location, logistics networks, disruptions in the supply chain, emergency response
abril 10, 2020
VOCATIONAL HIGH SCHOOLS IN TURKEY WILL PRODUCE MASKS AND DISINFECTANTS
The Ministry of National Education (MEB) continues to increase the capacity and diversity of production initiated in vocational high schools as part of new types of coronavirus measures. MEB focuses on the production of protective products such as cleaning materials, disinfectants, surgical masks and disposable gowns and overalls. On the one hand, vocational high schools
febrero 28, 2020
TURKISH EXPORTS IN AUTOMOTIVE INDUSTRY INCREASE
According to a written statement made by Uludag Automotive Industry Exporters’ Union (OIB), based on data from Turkey Exporters Assembly (TIM), last year, Ford Automotive ranked at the peak of the total 30.6 billion dollars exports made by automotive companies. In the list of companies that export the most in automotive, the second was Toyota
enero 23, 2020
FIRST 100% TURKISH CAR TO BE LAUNCHED
The premiere of ‘Turkey’s Domestic Car’ which have been expected for years in Turkey, was held in Gebze with attendance of President Erdoğan. Erdoğan said, fort he manufacturing of the car the factory will be built in Gebze on the land belongs to Turkish Military Services. According to the decision issued by the President of
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
enero 17, 2019
TURKEY ITALY INVESTMENT RELATIONS
The Italian Chamber of Commerce, Speaking at the panel «Turkey-Italy Confidence Chain of Lights Overview of the 2019 Economy» which was held by The Italian Chamber of Commerce in Turkey, the Italian Ambassador Luigi Mattiolo, said «There is no country more important than Turkey to Italy in the Mediterranean region». The Chairman of the Italian
diciembre 19, 2018
SIEMENS CONSORTIUM WILL BUILD WIND TURBINE FACTORY IN ALIAGA
Siemens-Türkerler-Kalyon Consortium will carry wind turbine blade production to Aliağa with an investment of 50 million Euros. 200 people will be employed in the project to be completed in one year. Siemens-Türkerler-Kalyon Consortium, which won the renewable energy tender, decided to produce wind blade in Aliağa. Aliağa Organized Industrial Zone (ALOSBİ) President Haluk Tezcan said,