turkey
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Century-Old German Electrical Equipment Manufacturer Elektra Tailfingen Files for Bankruptcy
BERLIN — German electrical equipment manufacturer Elektra Tailfingen, a company with more than 100 years of history, has officially filed…
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Zorlu Holding Reportedly in Talks With Banks to Restructure Debt, Asset Sales Considered
ISTANBUL — Türkiye-based conglomerate Zorlu Holding has begun discussions with banks to restructure its outstanding loans, according to a report…
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SK Plasma Signs $75 Million Technology Transfer Deal with Proturk to Boost Plasma Drug Production in Türkiye
ANKARA — South Korean biopharmaceutical company SK Plasma has signed a technology transfer and licensing agreement worth approximately $75 million…
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Titan Completes $190 Million Acquisition of Traçim Cement, Expands Footprint in Türkiye
ISTANBUL — Belgium-based cement producer Titan SA has officially completed the acquisition of 100% of the shares of Traçim Çimento…
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Subsea7 Wins New Contract for Sakarya Gas Field; Göktepe Field to Be Tied into Phase 3
Istanbul – A new milestone has been reached in the development of the Sakarya Gas Field in the Black Sea,…
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Turkey’s Central Bank Reports Rise in Annual Inflation in Food and Alcohol-Tobacco-Gold Groups
Ankara – The Türkiye Cumhuriyet Merkez Bankası (TCMB) has released its February Price Developments Report, stating that the underlying trend…
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Vodafone Red Enters New Era Through Meta Partnership
Barcelona – Vodafone has announced a new phase for its Red portfolio through a strategic partnership with Meta, revealed at…
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Turkcell and Samsung sign agreement for 650,000 devices to accelerate 5G transformation in Turkey
Turkcell signed an agreement with Samsung Electronics during Mobile World Congress 2026 held in Barcelona, Spain. Under the agreement, a…
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Turkey’s economic growth was driven by construction and household spending, while foreign trade acted as a drag
Turkey’s economy grew in line with expectations in both the last quarter of the year and throughout 2025. Growth was…
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The chemical industry became Turkey’s second-largest exporter in February with $2.3 billion in exports.
Adil Pelister, Chairman of the Board of Directors of the Istanbul Chemicals and Chemical Products Exporters’ Association (İKMİB), stated that…
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