Automotive Industry Association (OSD) announced the production, export numbers and market data for the January-April 2021 period. Accordingly, the base effect, which occurred due to the automotive industry’s interruption to its production last year within the scope of the epidemic measures, was reflected in the increase rates of the January-April 2021 period. In the first
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automotive
May 19, 2021
February 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
December 9, 2019
BREXIT EFFECTS ON TURKISH ECONOMY
Brexit will effect many sectors in the UK market. One of them is the botanics. Dutch producers who meet 80 percent of the needs of flower of England are worried about Brexit. Dutch flower producers, especially the producers of tulips warned the officials about the problems and delays in the border in the case of
December 9, 2019
TURKISH AUTOMOTIVE SECTOR EXPORT RECORD
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,
October 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
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
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
February 20, 2018
TURQUALITY SUPPORT PROGRAM
Turquality Program has been implemented since 2003 for the branding of Turkish products abroad. Over the years, the program of Under secretariat of Foreign Trade, which is affiliated to the Ministry of Economy, has been expanded in scope and many sectors of apparel, gastronomy, automotive construction have become able to benefit from these supports. Turkish
November 14, 2017
ELON MUSK’S VISIT TO TURKEY
Recognized as a genius of technologyexperts, Musk is the first and only private entrepreneur to carry material to the International Space Station around the world with the Space X rocket that can be used multiple times. The currently developed rocket is on the agenda to use for manned flight around 2030 to Mars. Elon Musk
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
September 21, 2017
DOMESTIC TECHNOLOGY OF TURKEY
Telecommunication AirTies, Karel and TTNET, started a production of %100 locally. AirTies’s collaboration with Karel will enable TTNET to develop the set-top boxes for Tivibu Home Service in Turkey. Developed by AirTies’ innovation-based product development expertise, future IPTV set-top boxes will be offered with 100 percent domestic production in Karel’s premises in Ankara in the
June 22, 2017
AUTOMOTIVE SECTOR DEVELOPMENT IN IRAN
In 2011 Iran has 1,6 million automobile production which decreased almost half of it during the embargo. The foreign partners had to leave the country and the rest had to change their direction to limited spare parts for old models. Hyundai, PSA, Peugeot, Citroen left the country and Renault stayed to import and produce spare
June 22, 2017
IRAN ECONOMY: ANALYSIS BY SECTORS
Oil and Natural Gas These two resources are main natural income for Iran. After the end of the embargo the oil exports are expected to increase more. Investments are needed for the refineries in Iran and especially in upstream sector technology transfers, that need to be updated. The production can not meet the needs of
June 9, 2017
INVESTMENTS- TURKEY IRAN
After the withdrawal of the embargo, especially the Western countries are focusing on Iran, and in that new scenario Turkey has the a big chance. It is mentioned that Turkey and Iran can collaborate together to do business in 3rd countries. There are many businessmen planning bilateral visits and most of them end up with