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
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October 10, 2019
October 3, 2019
TURKEY-UKRAINE ENERGY SECTOR PARTNERSHIP
Şevki Acuner, Chairman of the Board of Directors of Ukrenergo, the Ukrainian state energy transmission company, stated that Turkish companies would be successful if they enter the energy market in Ukraine, and said ” Turkish companies can take a huge share from the tenders to be made by Ukrenergo, which will realize $ 3 billion
October 3, 2019
TURKISH MACHINERY SECTOR INCREASED ITS EXPORTS
According to a statement from the Association of Exporters of machines, machine industry, Turkey’s largest export market ,Germany, despite the slowdown which intensified in Germany’s industrial production, increased total exports 4.4 percent in the first quarter of the year. The machinery sector, which signed $ 1.6 billion in exports in March, carried its exports to
September 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
September 12, 2019
NEW DIRECT FLIGHTS BETWEEN TURKEY AND MEXICO WILL BOOST T BILATERAL ECONOMIC RELATIONS
Advancing with sure steps towards becoming a global brand company in aviation, Turkey’s flag carrier Turkish Airlines (THY), has done “the longest flight” from Istanbul to Mexico City with a time of 15 hours and 15 minutes. THY launched flights to Mexico City and Cancun, the 18th and 19th flight destinations in the Americas, will
August 9, 2019
AMAZON’S EYE ON TURKEY
Although Amazon is an American-based company, it is one of the few e-commerce sites in the world where everyone can trade and shop. Amazon.com had made Turkey the latest entry into the market. Let’s look closely to the success statistics of Amazon in global market and Turkish market. Amazon’s net profit in 2018 was $
July 31, 2019
TURKISH COMPANIES IN UKRAINE
There are around 600 Turkish companies in Ukraine. They mainly operate in clothing retail, telecommunications, aviation, logistics, construction, wood products and food. However, in contrast to our investments in some other countries, Turkish companies are not clustered in only a few sectors and they exist in different sectors such as machinery, health, energy and cosmetics
July 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
CONEXIO CONSULTING ATTENDS BASQUE TRADE INTERGUNE DAYS IN BILBAO
Between the dates 06-07 May, Conexio is attending as a representative of Turkey to the ‘Internationalization Meeting’ organized by Basque Trade & Investment Office which is a governmental institute of Basque Country to promote the Basque companies to the international markets. During the days people coming from around 40 countries are gathering in Bilbao to
April 18, 2019
ISTANBUL NEW AIRPORT IN NUMBERS
The ‘Migration’ operation, which was carried out from Atatürk Airport to Istanbul Airport, was completed. Istanbul Airport opened its doors to passengers. After the ‘migration’, the first airplane from the airport took off to Ankara at 14.25. The airport which was first opened on October 29, 2018 and started flights to some certain destinations, after
February 13, 2019
TURKEY RUSSIA VISA PROCESS
Russian President Vladimir Putin abolished the visa regime for Turkish citizens who went to Russia for business travel and as a truck driver. Turkish businessmen in Moscow said they were satisfied with this development and hoped that they would be applied on general visas. According to Russian media, Turkish drivers working in the international transport
January 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
November 27, 2018
TURKSTREAM IS READY TO FLOW
The “Ceremony of Completion of the Sea Section of the TurkStream ” was held with the speeches of Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin at the Istanbul Convention Center. Erdogan pointed out that the construction of the plant in the coastal area of the pipeline is continuing and he said TurkStream
October 8, 2018
‘DOMESTIC PRODUCTION’ LOGO IS ON DUTY !
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