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Turkey: A country with new horizons for the services sector

In paralel to the positive development in industry and GDP in the country in recent years, Turkey has started to become more and more a paradise for service industry. In fact, new investments made in service sectors such as retailing, air transportation, finance, health, tourism and education have been succesful initiatives to provide good examples for more entrepreneurs to grow interest in said sector. It ...

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Jinha: First Women’s News Agency in Turkey

Ten women came together in Diyarbakır, a Kurdish-majority city in south-eastern Turkey, and founded the first women's news agency of Turkey. "We launch JİNHA on 8 March. As women journalists from Diyarbakır, we want to be part of the women's voice with our video and photo cameras and we want to rise within that voice", said Jin Haber founders Pelek and Özbey. "And so we are writing. We write without thinkin ...

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Advertising spending in Turkey up by 20 percent in 2011

Turkey’s Association of Advertising Agencies has announced advertising investment figures for 2011 compiled with data from member media agencies. Advertising spending increased by 20% last year, compared to the year prior, reaching a total of four billion, 320 million liras. This means that the Association of Advertising Agencies' announcement released to the press at the start of 2011, in which they stated ...

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Spencer Stuart, global executive search company opens office in Istanbul

CEO finder opens branch in Istanbul Spencer Stuart, a global executive search consultation company, has opened an Istanbul office led by Turkish citizen Kaan Okurer, according to a press release. Founded in 1956, the privately-owned Spencer Stuart advises companies on their senior leadership needs. The company operates 53 offices in 29 countries. Last year it conducted more than 4,000 assignments around the ...

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Private equity firm Carlyle acquires 48 percent share in Turkish education establishment

Private equity firm Carlyle Group said on Wednesday it had acquired a 48 percent stake in Turkish private education provider Bahçeşehir Koleji. Carlyle did not disclose details of the transaction. Existing shareholders, the Yücel and Karataş groups, will remain significant investors in Bahçeşehir, Carlyle said in a statement. Bahçeşehir Koleji, which was established in 1994, is active in nursery, primary an ...

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Secondhand minilab photography machines market in Turkey

The number of minilabs used in Turkey is over the number of same machines used in other countries. The fact that the system has switched to thermal and inkjet printing systems and restrictions and bans imposed on chemical materials used in minilabs has caused to pull down new minilab sales, in Turkey as well as globally. Due to shortage of new such equipment in the market a secondhand sector for minilab mac ...

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Bahrein based Investcorp to purchase Turkish discount retailer A101

Bahrain-based Investcorp is in the final stages of a bid to purchase Turkish discount retailer A101, according to Wall Street Journal’s Market Watch. Investcorp is looking to spend $400 million in both Turkey and the Middle East by the end of 2013. Previous Investcorp investments include Dubai-based IT services company Redington Gulf, Saudi jewelry manufacturer L’azurde, Gulf Cyro, a specialty chemical busi ...

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The development and transformation of the photographic materials sector in Turkey

The photography sector in Turkey has developed quite rapidly in the recent years and the market has thus become considerably bigger. Simultaneously, the structure of the market has changed as well.In the past, negative films were used for printing whereas digital systems are of preference today. This situation has caused a temporary drop in revenues of the sector for negative films and resulted in putting s ...

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Turkish businessmen compete for yacht worth 20 million euros

Four Turkish businessmen are in competition to purchase the Cyrus One, the most expensive yacht at 20 million Euros, out of 386 boats on display at the International Istanbul Shop&Miles Boatshow. Opening its doors to sea enthusiasts for the 30th time, the International Istanbul Shop&Miles Boatshow, has 386 sailboats, motor yachts, catamarans and mega yachts ranging from 3-58 meters in length on disp ...

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Turkey: Mobile telephone giant Turkcell fails to hold key votes on board changes at EGM

Turkcell, Turkey's biggest cellphone network operator, failed to hold key votes on board changes and dividend distribution at an extraordinary general meeting, the company said on Thursday. The lack of progress on the issues at the EGM, which ended late on Wednesday, left unresolved a festering dispute over corporate governance between the Swedish, Russian and Turkish partners. The bid to change the board d ...

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CeBIT Eurasia informatics fair opens in Istanbul

The 12th CeBIT Eurasia Informatics Fair which will start today at the TUYAP Fairs Convention and Congress Center in Istanbul to stay open until October 9 is expected to meet needs of  Turkey, as well as Eurasia, Middle East, North Africa, Russia and the Commonwealth of Independent States (CIS). Besides professional visitors from all around the world, international purchase delegations will visit the fair as ...

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Foreign Companies Investing in Turkish Fair Market

International exhibition companies have rushed to Turkey’s fair and exhibition market in recent years by acquiring major stakes of local firms and the trend could accelerate in the second half of this year, according to the top executive of an international agency. “Merger and acquisition interest in of foreign companies started about three years ago and has been steadily increasing,” Steve Monnington, foun ...

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Turkish Government Makes Changes to Its Internet Filtering Plan

The Turkish government makes changes to its heavily criticized Internet filtering plan by removing two of the filter packages and delaying the implementation date from Aug 22 to Nov 22. While a draft of the new system will be online for 10 days to receive feedback from the public, some experts say there should be no filters The Turkish government is amending its heavily criticized Internet filtering plan an ...

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Sports & Fitness Facilities in Turkey

The fitness sector has recorded rapid growth in Europe over the last few years in parallel to the increasing economic and commercial trend of fitness. It has been considered to be one of the areas that could create jobs and supported by the EU. It is easy to see the increase of interest in the fitness and health sector, considering the abundancy in newly established modern facilities in the USA and Europe. ...

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Istanbul becomes a shining star in world congress tourism

Istanbul, which ranked seventh in world congress tourism last year and sixth in Europe, has become an international convention destination, according to Murat Yalçıntaş, chairman of the Istanbul Chamber of Commerce, or ICOC. “By strengthening its position among the top 10 cities in world convention tourism, Istanbul should target to enter the top five in the next five years,” said Yalçıntaş, who has also be ...

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Phone Services in Turkey

Public Phone Services  Local and Toll Calls Istanbul has both a European side and an Asian side and they have different area codes. The area code for the European side of İstanbul is 212 and the area code for the Asian side of Istanbul is 216 If you are calling from the European side (212) to the Asian side (216) then you will need to dial 0-216 plus the seven-digit telephone number and vice versa. (If you ...

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URETMAKE: A Web Design and SEO Company in Turkey

Internet being the fastest and most right to the target promotion tool of our times, a good, effective and well planned web site with the optimum SEO is among the major steps to success. URETMAKE which is a company based in ISTANBUL provides quality and innovative web design, hosting and consultancy services. Regardless of the size of the establishments in need of such services, the company is able to offer ...

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Fairs & Trade Shows in Turkey

Trade fairs have started to play a very important role in the promotion of  Turkey in the recent years. Turkey which hosted foreign companies at the Izmir International fair only, now has many fair and trade show companies which organize hundreds of shows  in and out of the country. Indeed, some Turkish companies have formed joint ventures to be more active on the international trade show arena. Turkey did ...

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Translation Services in Turkey

Translation is are among services that attract greatest demand from companies in business life in Turkey. There are several translation offices that provide such services in an unlimited number of languages. However, especially after Turkey has developed its economic relations with the western world and has started hosting many foreign establishments in big business centers such as İstanbul, Ankara and Izmi ...

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Hotels in Turkey

Top Hotels in Istanbul Ceylan InterContinental Istanbul Asymmetrical high-rise looming above Taksim Park with central location and good views. Çirağan Palace Kempinski Hotel Istanbul Right on the Bosphorus shore next to a restored Ottoman palace, but distant from most other attractions. Only half the rooms have Bosphorus views. Conrad Istanbul Modern hotel with good Bosphorus views, easy access by taxi to b ...

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