Set Group’u 2008’de 600 milyon Euro’ya Rus Sibirskiy Cement şirketine satma kararı alan ancak global kriz nedeniyle işlemi gerçekleştiremeyen İtalcementi, Set Grup Holding ve Afyon Çimento dışındaki iştiraklerini, 290 milyon Euro’ya Limak Holding’e sattı. Limak Holding Yönetim Kurulu Başkanı Nihat Özdemir, “Hızlı davranmak için Afyon Çimento’yu almadık” dedi.
MARDIN - OYAK, Turkey’s leading pension fund which is active in automotive, steel, cement and energy, may ’export’the formula that made it a success over the past nine years, according to Chairman Coşkun Ulusoy. ’Imagine the name of any major private equity fund or pension fund worldwide, and I can guarantee you we are talking to them,’Ulusoy says.
I had gained my freedom from the heavy agenda of the Parliament in Ankara and was looking forward to going to İzmir to participate in the Olive Oil and Olive Symposium. But while seeking to have a snack in a patisserie before going to the airport, I turned my ankle. In all that rush, I found myself on the plane to İzmir.
ANKARA - Those who were exempt from the tax cuts implemented by the government seek redress from the Finance Ministry. But they are not alone. Sector representatives, who have already benefited from the tax cuts, which were implemented as part of the government’s stimulus measures, have also been pushing for an extension to the tax cuts currently in effect
ISTANBUL - Some Turkish exporters are unfazed by the contraction in global markets and the reason is their efforts to tap into new markets during the previous economic crisis, known as the ’2001 economic crisis.’ Products such as cut flowers, meat, milk, salt, sulfur and cement broke export records in the past eight years and are resisting the current downturn
ISTANBUL -The Turkish intelligentsia erupted in commotion when he suggested Turkey needs a "Second Republic." Some celebrate him as an economic genius who supports unconditional democracy. Others, however, deride him for once abandoning his ideals to accommodate "political realities" at the time.
ISTANBUL - Commenting on the future for women in Turkey, Nilüfer Bulut, chairman of the Turkish Businesswomen’s Association, says businesswomen should be judged based on their ability and not on their sex. ’I am against positive discrimination. I would prefer a system based solely on talent,’ she tells Hürriyet Daily News & Economic Review
ISTANBUL - The steep decline in commodity prices and falling global demand is threatening Turkish industries. Oğuz Özgen, chairman of Erdemir, the biggest steelmaker, says the firm may halt output unless it receives new orders. Representatives of other sectors also point toward the approaching danger
Turkey's Sonmez conglomerate, who has halted its operations in textile, is planning to invest a total of $150 million in various sectors including tourism, energy, technology retailing and cement in 2009, the company said in a statement on Sunday.
ISTANBUL - All industries in Turkey have begun to feel the sharp end of the global economic crisis. Each day, more and more Turkish companies, which are operating in various industries such as textiles, automobile and cement, announce plans to downsize, suspend production or lay off workers
ISTANBUL - All industries in Turkey have begun to feel the sharp end of the global economic crisis. Each day, more and more Turkish companies, which are operating in various industries such as textiles, automobile and cement, announce plans to downsize, suspend production or lay off workers
SAMSUN-The global crisis has nearly crushed Samsun in Turkey’s Black Sea region, according to the businessmen of the city. "The number of those applying for the unemployment fund is increasing," said Hasan Kılıçaslan, deputy director of the Provincial Directorate of the Turkish Employment Organization, revealing that dismissals have already started.
SAMSUN-The global crisis has nearly crushed Samsun in Turkey's Black Sea region, according to the businessmen of the city. "The number of those applying for the unemployment fund is increasing," said Hasan Kılı?aslan, deputy director of the Provincial Directorate of the Turkish Employment Organization, revealing that dismissals have already started.