TURKISH TRADE NEWSLETTER

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February 2010
Issue 10

NEWS and EVENTS

FEATURE INDUSTRY

TACCI-Midwest Dinner: Investment Opportunities in Turkey


CHICAGO - Investment opportunities and incentive schemes in Turkey for Turkish-American businesses were discussed at the Turkish American Chamber of Commerce and Industry – Midwest (TACCI-Midwest) Dinner on February 5, 2010 in Chicago. Turkish Commercial Attache Mr. Suleyman Sozeri presented current developments in macro-economic indicators, government incentives for investors and bilateral trade relations between the US and Turkey at the event. Read more>>

3rd Annual Innovation Istanbul 2010


ISTANBUL - 3rd annual Innovation Istanbul "Boot Camp" to be held on March 3, 2010 is set to highlight six innovative Turkish technology companies as they present their business model to leading European and local investors. Investor panelists include top investors like Venrock Venture Capital, Intel Capital, RedAlpine Investments, Rhea Investments, as well as Microsoft. Read more>>

Ford Connect manufactured in Turkey showcased at Chicago Auto Show 2010


CHICAGO - Annual Chicago Auto Show, the largest auto show in North America and the third largest in the World, took place in Chicago at the McCormick Place on February 12-21, 2010. Being awarded as "North American Truck of the year", Ford Transit Connect commercial vehicles produced in Turkey made its mark in the show. Read more>>

S&P raises Turkey’s credit note one notch


UNITED STATES - Standard & Poor's raised its long-term foreign currency and local currency sovereign credit ratings for Turkey to 'BB' and 'BB+', respectively, according to a statement on Friday. The 'B' short-term ratings were affirmed. The Transfer and Convertibility Assessment was raised to 'BBB-' from 'BB+'. Read more>>

IT sector set to grow by 30 percent in 2010


TURKEY - Fueled by the introduction of third-generation (3G) mobile systems, the Turkish information technology market grew in size by 10 percent to 21 billion euros despite last year’s global economic crisis, Informatics Association of Turkey (TBD) Chairman Turhan Mentes has said, adding that they expect the sector to enjoy a growth of 30 percent this year. Read more>>

Teknosa in World Retail Awards shortlist


TURKEY - Teknosa, a technology retail chain, is short listed among finalists in the World Retail Awards, which recognize the outstanding innovation and creativity delivered by retailers across the globe. Read more>>

Renewable energy investments to ramp up


TURKEY - Hyped up interest in renewable energy investments may be perceived as a sign of Turkish business world attaching importance to climate change. In 2011, the Energy Market Regulatory Authority expects to see private sector investments worth $3.2 billion to renewable energy. The energy ministry aims to increase renewable energy’s share in Turkey’s total energy resources to at least 30 percent by 2023. Read more>>

Istanbul Fashion Week: major step to make the city fashion center


ISTANBUL - ISTANBUL FASHION WEEK (IFW) which has been organized by ITKIB together with the cooperation of Fashion Designers Association and Istanbul Fashion Academy and which has been constructed to provide a flow of information to the world in fashion design and to draw the attention of the world’s leading fashion press and buyers to Istanbul has entertained fashion lovers from all around the world. Read more>>

Five Turkish firms to attend President Obama’s entrepreneurship summit


WASHINGTON DC - Five Turkish entrepreneurs reflecting diverse business backgrounds, from food delivery to high tech, have been selected to participate in the U.S. Presidential Summit on Entrepreneurship. A global initiative launched by President Obama in Cairo in June, the summit initiative will take place in Washington, D.C. in the spring. Read more>>

TURKISH AGRICULTURAL MACHINERY


Innovative design capability and cost effective premium quality production pave the way for agricultural machinery industry in Turkey to become a prominent player in the global marketplace. Along with expanding agricultural domestic market, the industry meets the sophisticated machinery needs of Turkey, Central Asia, the Near East and North Africa. Read more>>


TURKISH AGRICULTURAL MACHINERY COMPANIES*

ANATOLIAN COMPANY LTD
www.powersteeringkit.com

ANIL AGRICULTURAL MACHINES
www.aniltarim.com

ANIZ AGRICULTURAL MACHINERY
www.aniztarim.com.tr

BIZCANLI GEARMOTOR
www.bizcanli.com

CANSA AGRICULTURAL MACHINES
www.cansatarim.com.tr

CAYIROVA TRAILER COMPONENTS
www.cayirova.com.tr

CELSAN AGRICULTURAL EQUIPMENT
www.scelsan.com

CETINEL
www.cetinel.com

EMNIYET SANAYI
www.emniyetsanayi.com.tr

GOKMENLER
www.gokmenler.com

GORAL TARIM
www.goraltarim.com

HATUNSARAYLI
www.hatunsarayli.com

Click here to see more companies

 



*These companies are those that inquired to be enlisted in our database in pursuit of business opportunities in US.

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