To get away from the chaotic and busy life of the big city, day trips are a great escape. One of my favorites, by car, is a trip to İznik. From İstanbul it's just a short ferry ride and a bus ride away, or you can drive to this small [...]

Foreign direct investment (FDI) into Turkey went up by 22 percent. Foreign direct investment (FDI) into Turkey went up by 22 percent during the first seven months of 2015 over the same period of last year, according to data from the country’s Central Bank. In July alone, USD 3.4 billion [...]

Sabah – Italian carmaker Fiat is preparing for re-entry to the compact car market with the Aegea platform to be manufactured at the Tofas plant in Bursa, Turkey. First unveiled as a sedan at the Istanbul Auto Show 2015, the Aegea line will acquire hatchback and station wagon versions in [...]

Milliyet – Consumer spending on the internet has risen by 35 percent in 2014 over the preceding year, according to a report by the Informatics Industry Association of Turkey (TUBISAD). Having reached a volume of about TRY 19 billion (approx. USD 7 billion) last year, the Turkish e-commerce sector corresponded [...]

Dünya Newspaper– Supplementing its modern infrastructure with world-class projects, Turkey takes the second highest score in the World Bank’s Private Participation in Infrastructure Database’s (PPI Database) latest update. Second only to Brazil in the study focusing on 139 emerging countries, Turkey’s seventeen new projects, which include the privatization of power [...]

Star Newspaper – Turkey’s economy continued on its growth path for the 22nd consecutive quarter, expanding by 2.3 percent in the first quarter of 2015 over the same period of last year. Exceeding the market forecasts of 1.6 percent, Turkey’s quarterly growth rate of 2.3 percent secures the country 14th [...]

Milliyet Newspaper – US-based multinational Cargill’s animal feed business has reached an agreement for acquisition of the majority of stakes in Ekol Gida, a company operating in premix and feed additives markets in Turkey. “Customers will gain access to Cargill’s extended product portfolio and technical expertise for an enhanced experience. [...]

2015.05.13 Dünya Newspaper – One of the top 10 exporters in Turkey in 2015, German engineering giant Bosch is set to invest a further EUR 200 million in its operations in the country. Active in automotive, home appliances, and industrial technologies, Bosch Turkey’s plans for 2015 include focusing on product [...]

2015.04.30 Milliyet Newspaper – New Generation Power International (NGPI) of Chicago, IL, has announced plans to invest in Turkey’s energy potential by installing and operating a 100-megawatt (MW) geothermal power plant. The American company will form a JV with three local firms – Yilsan Holding, Mineks International, and DCM Energy [...]