Turkish Industry
- Turkiye
Turkiye’s Steel Production Rises 7% to 3.4 Million Tons, Ranks 7th Globally
Türkiye increased its crude steel production by 7 percent in July compared to the same month of the previous year,…
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Alarko Holding to Acquire Carrier’s 42% Stake in Turkiye JV for $16.8 Million
Turkish industrial conglomerate Alarko Holding has agreed to acquire U.S.-based climate control company Carrier’s 42% stake in Alarko Carrier for…
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Turkiye’s Top Industrial Firms Boost R&D Spending 31.4% as Innovation Investment Reaches Record High
Research and development (R&D) expenditures among Türkiye’s largest industrial companies rose sharply in 2025, according to the Istanbul Chamber of…
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Turkiye Defense and Aerospace Firms Gain Ground in ISO 500 Industrial Ranking
Turkish defense and aerospace companies increased their presence among the top-ranked firms in the Istanbul Chamber of Industry’s (ISO) 2025…
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Turkiye Accelerates Global Expansion in Autonomous and Electric Bus Technologies
Türkiye, one of Europe’s leading bus manufacturing hubs, is gaining momentum in autonomous public transportation as domestic manufacturers expand their…
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Turkiye’s Furniture Exports Surpass $8 Billion as Gulf Demand Accelerates
Türkiye Woodworkers Craftsmen and Artisans Federation (TAIF) Chairman Huseyin Taklaci said the furniture sector continues to be one of Türkiye’s…
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Turkiye Tracks EU Trade Deals With India and Mercosur to Protect Export Competitiveness
Türkiye is closely tracking the European Union’s new free trade agreements with India and the Mercosur bloc while coordinating across…
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Turkiye Exports to Germany Hit Record February High with Auto Sector Leading Trade
Turkish exports to Germany total $1.6623 billion, with auto exports leading last month with $543.9M Turkish exports to Germany totaled…
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Turkiye unveils $2.3 Billion funding package for manufacturing industry
The Turkish government has rolled out a ₺100 billion ($2.29 billion) financing package to boost the manufacturing sector, with tight…
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Turkiye’s Export Competitiveness Hits 10-Year Low as Input Costs Undermine Growth
Türkiye’s export-focused manufacturing sectors lost further ground in early 2025 as the country’s cost-based competitiveness index fell to its lowest…
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