The 14th International Solarex Istanbul Fair will open its doors at Istanbul Expo Center between 7 – 9 April 2022. Solar Energy and Technologies Fair “Solarex Istanbul”, the first and only fair on solar energy in our country, is a fair that provides the opportunity for Turkey to take big steps towards becoming a production
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January 25, 2022
January 12, 2022
Turkey increases wind energy capacity by 40%
Turkey achieved the highest annual capacity increase in its history, with approximately 1.750 megawatts in wind energy last year. The capacity of approximately 1.750 megawatts in wind energy, which was commissioned last year, was recorded as the highest capacity commissioned on an annual basis in Turkey. With this increase, Turkey’s total wind energy installed power
December 10, 2021
Turkish Banks will provide $2.5 billion in financing to clean energy this year
The financing to be provided will be 55 percent solar energy, 25 percent wind energy, 15 percent geothermal energy and the rest will be investments in biomass and bio-gas power plants. Investment Banking and Finance Director of Garanti BBVA , Emre Hatem, said that the financing provided by banks to the renewable energy sector this
March 28, 2021
CAN FOREIGNERS OPEN A NEW COMPANY IN TURKEY?
Within the scope of the Law No. 4875 on “Foreign Direct Investments”, foreign investors have been provided with the same rights as local investors in line with the principle of equal treatment. According to this law, foreign investors can establish all types of companies included in the Turkish Commercial Code, like Turkish investors. There is
May 28, 2020
THE NORMALISATION IN THE TURKISH ECONOMY WILL BE FAST
Turkey Chambers and Stock Exchanges Union (TOBB) President Rifat Hisarcıklıoğlu, noting that it is began to be spoken the normalization in economy thanks to the measures and support implemented “We are ready to reboot and spin the wheels of Economics movement. “ he said. TOBB Economy Meeting, which was held with the participation of 365
May 17, 2019
TURKEY’S DIGITAL TRANSFORMATION
Information and Communication Technologies (ICT) has led to radical changes in every sector and society and continues to do it. New technologies; natural resources, financing and the innovations brought about by the use of human resources, causes a continuous change and improvement. All these changes bring tremendous opportunities for people, institutions and countries that can
April 30, 2019
TURKEY – RUSSIA CULTURE AND TOURISM YEAR
In the ‘Turkey – Russia High Level Collabration Council Meeting’ held in Moscow leading by Turkish president Recep Tayyip Erdoğan and Russia President Vladimir Putin, the ‘2019 Turkey- Russia Culture and Tourism Year’ declaration signed by both Ministers of Culture of each country. Thus, in order to introduce the culture of both countries in 2019,
April 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
April 18, 2019
TURKEY TO INVEST IN ENERGY EFFICIENCY
Turkey will invest $10.9 billion in line with the country’s National Energy Efficiency Action Plan by 2023, Fatih Donmez, Turkey’s energy and natural resources minister announced on Thursday. Dönmez stated that approximately 1 million tons of equivalent petroleum (TEP) energy was saved with an investment of 1.2 billion dollars in all sectors in 2017 and
April 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
March 13, 2018
FINANCIAL SUPPORT OF THE TR GOVERNMENT TO INVEST IN TURKEY
It is without a doubt that countries across Europe and the Middle East have experienced a flood of difficulties over recent years. Turkey has also experienced tough times, particularly in 2016. Despite these challenges, Turkey, with its strong domestic market and growing economy, remains a centre of attraction for foreign investors. Figures published by the
January 5, 2018
TOP 10 COUNTRIES TURKEY EXPORTS TO
According to data held by the Statistics Institute of Turkey within January- September 2017 Turkey’s exports to top 10 countries are as follows: Germany The export figure for the first 9 months to Germany, where 3 million Turks live, is 11 billion USD. Germany is the country where the biggest Turkish population lives outside Turkey,
October 31, 2017
THE MILESTONE PROJECT- IRON SILK ROAD
The historical silk road is reviving in three countries. The first train service crossing them started operations on 30/10/2017. Through this ‘iron silk road’ through Baku-Tbilisi-Kars, there will be non- stop journeys from London to Beijing. The first journey of the project, completed in 10 years, was attended by President Recep Tayyip Erdogan, President of
October 28, 2017
THE SHINING SECTORS OF TURKEY IN THE FUTURE
As time progresses and technology develops, sectors change, the fields that countries make investments change and employment is developing by these sectors. As some sectors are becoming important, new sectors are emerging and the workforce becomes more qualified. In Turkey also, sector trends change depending on time and technology. Let’s look at the high-speed sectors