Hürriyet/Milliyet – Tofas, a JV between Turkish Koc Group and Italian Fiat, has announced a significant upgrade program to renew its production line in Turkey. Hürriyet/Milliyet – Tofas, a JV between Turkish Koc Group and Italian Fiat, has announced a significant upgrade program to renew its production line in Turkey. [...]

Invest in Bursa Brochure is ready for Investors Debuted in International MUSİAD Fair, held on 26th-30th of November, Invest in Bursa brochure contains comprehensive but brief information about Bursa’s investment environment. The brochure, prepared by Bursa Investment Support Office (BUYDO) experts, includes the information about main sectors and the statistics [...]

Turkey’s investment incentive scheme is being amended to encourage energy efficiency in industrial facilities. Aksam - Turkey’s investment incentive scheme is being amended to encourage energy efficiency in industrial facilities. Aiming to save around TRY 15 billion (approx. USD 7 billion) a year in energy costs in the industries of [...]

Turkey, elected with an unprecedented 121 votes to the World Heritage Committee of the United Nations Educational, Scientific and Cultural Organization (UNESCO) at the elections held in Paris on 19 November 2013, is serving on the Committee for the first time after an interval of thirty years, on its 38th [...]

A new network of seaplane routes connecting the northwestern provinces of Istanbul and Bursa to the country’s top holiday resorts in the southwest of the country has been inaugurated by Burulaş, Bursa’s municipal transport company. The company reduced the Istanbul-Bursa journey time to 20 minutes by adding seaplane routes over [...]

Germany’s Bosch Group regards Turkey as an important supply base Operating in Turkey in a number of fields including automotive technologies, household goods and energy, Germany’s Bosch Group regards Turkey as an important supply base. Having invested EUR 2 billion in Turkey to date, Bosch’s exports from Turkey reached EUR [...]

Turkey’s economy grew faster than expected in the first quarter of 2014 Turkey’s economy grew faster than expected in the first quarter of 2014, expanding by 4.3 percent, according to the Turkish Statistical Institute (TurkStat). The estimated growth rate figure expressed by twenty-two economists in Anadolu Agency's (AA) 'Growth Expectation [...]

Turkey’s national air carrier, Turkish Airlines (THY), carried 21.3 million passengers in the first 5 months of 2014 Aksam – Turkey’s national air carrier, Turkish Airlines (THY), carried 21.3 million passengers in the first 5 months of 2014, up 18 percent over the same period of the last year. According [...]

The 53rd edition of the International Bursa Festival in the northwestern city of Bursa will open next week with a grand project dedicated to late Greek poet Constantine Cavafy, “The Kavafis Project.” Greek singer George Dalaras will perform the poems of Cavafy, with music composed by Alexandros Karozas, while Turkish [...]

Turkey’s GDP growth rate for 2014 will be no less than 4 percent thanks to rising exports. Sabah – Turkey’s GDP growth rate for 2014 will be no less than 4 percent thanks to rising exports, according to the country’s Minister of Economy, Nihat Zeybekci. Speaking at Turkey’s Investment Summit [...]