EDITOR'S PICKS


Turkey
ENERGY
Vip Interview
Sean Guest
“There has been oil and gas production from the Thrace Basin for a number of decades now.”
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Turkey
TELECOMS & IT
Vip Interview
Kaan Terzioğlu
“Many people ask, what is today's killer app?”
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Turkey
TELECOMS & IT
Vip Interview
Paul Doany
“We support the entrepreneurial ecosystem in order for Turkey to become stronger and more economically independent.”
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Turkey
FINANCE
Vip Interview
Xiangyang Gao
“ICBC Turkey will continue to contribute the development of the Turkish economy by supporting long-term domestic investments through project finance.”
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Turkey
ENERGY
Vip Interview
Mesut İlter
“The refinery is currently operating at 100% capacity and is producing all its intended products.”
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Turkey
HEALTH & EDUCATION
Vip Interview
Leyla Alaton
“Finding the correct workforce has been a challenge in Turkey, which is why we are currently building a new vocational school near our factory in Çatalca.”
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Turkey
DIPLOMACY
Interview
Mevlüt Çavuşoğlu
“In a geography surrounded by warfare, turmoil, proxy wars, sanctions, and unbridled ambitions, is there any other democracy that has managed to become one of the top-20 global economies, all thanks to her own efforts and assets?”
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Turkey
DIPLOMACY
Interview
Wilbur Ross
Increasing bilateral trade between Turkey and US in a way that benefits both parties remains a key focus.
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Turkey
DIPLOMACY
Interview
Denis Manturov
“In order to cooperate even further, we need to maintain a continuous dialogue with our Turkish partners and incentivize investment in Russia even further.”
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DIPLOMACY
Focus
The Demands of Security
With a strengthened domestic defense industry, the Turkish military, NATO's second largest, is flexing its muscle on the international stage.
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Turkey
ECONOMY
Interview
Murat Uysal
“On the domestic front, steering the economy toward a sustainable growth path and ensuring financial stability are of key importance.”
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Turkey
ECONOMY
Interview
Berat Albayrak
The Ministry of Treasury and Finance is working toward financial stability, focusing on financial restructuring and improving the country's current account balance, in addition to boosting domestic savings.
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Turkey
ECONOMY
Interview
Caner Çolak
DEİK will continue to create new and strengthen existing ties around the world through various initiatives and events.
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ECONOMY
Focus
Tough Times Call for Sweeping Measures
Treasury and Finance Minister Berat Albayrak has introduced comprehensive reforms to stabilize the nation's economy.
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Turkey
FINANCE
Interview
Hüseyin Aydın
“Inflation started to decline in 2H2019 and is expected to level off around 12% in December, below the target. A slowdown in domestic demand and a rather stable trend in lira value pulled inflation down and had a positive impact on expectations.”
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Turkey
FINANCE
Interview
Bülent Aksu
Turk Eximbank prioritizes sectors with high technology and high added value as part of its economy policy and future strategy.
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Turkey
FINANCE
Interview
Xiangyang Gao
“ICBC Turkey will continue to contribute the development of the Turkish economy by supporting long-term domestic investments through project finance.”
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Turkey
FINANCE
Interview
İkram Göktaş
“We are also the biggest public bank doing the most transactions on the Istanbul Gold Exchange. We are the leader by far in this and are constantly among the top three banks.”
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Turkey
FINANCE
Interview
Ufuk Uyan
“We have redesigned personalized customer and employee experiences, taking into account the changing expectations of the digital generation.”
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FINANCE
Focus: Dealing with NPLs
A Loan Path
Burdened by non-performing loans, the latest in a series of economic woes, Turkey's financial institutions are looking for a compromise.
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Turkey
FINANCE
Interview
Mithat Arıkan
“We are a small-sized bank in the market, so our agility enabled us to react swiftly.”
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Turkey
FINANCE
Interview
Levent Bosut
“We can provide a responsive and seamless service to our clients by coordinating the entire process with our international offices around the globe.”
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Turkey
ENERGY
Interview
Mesut İlter
“The refinery is currently operating at 100% capacity and is producing all its intended products."
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Turkey
ENERGY
Interview
Sean Guest
“If we look at upscaling this project and its potential to be extremely large, exporting is an option.”
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Turkey
ENERGY
Forum
Renewable Energy
Wind energy has established itself as a leading source of Turkey's diversifying energy mix. Despite recent financial difficulties, the sector is here to stay.
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ENERGY
Focus: Offshore drilling in Cyprus
Road to self-sufficiency
To keep up with the rising demand for natural gas, Turkey aims to tap into hydrocarbon-rich layers in the Thrace Basin and off the coast of Cyprus.
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Turkey
INDUSTRY
Interview
İhsan Necipoğlu
“The solutions Dow provides to the appliance industry make it possible to qualify and improve energy efficiency ratings and the performance of the end products.”
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Turkey
INDUSTRY
Interview
Inorganic expansion
In line with its plans for expansion, Ak-Kim is looking at acquisitions to grow the company further and even go public.
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Turkey
INDUSTRY
Interview
Soaring success
“We have set up a subsidiary to design software for the flight, fuel, and landing management systems that can go into Turkey’s fighter jets.”
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Turkey
INDUSTRY
Interview
Smart mobility
As part of its smart mobility vision, Temsa is positioning itself as a pioneer in advancing innovations and smart products in the local transportation segment.
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Turkey
INDUSTRY
Forum
Manufacturing
Constant innovation and finding ways to add value to the final product ensure manufacturing companies stay ahead of the competition.
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Turkey
INDUSTRY
Interview
Turan Erdoğan
“We want to position Vestel as a technology company rather than a manufacturer of appliances or consumer electronics.”
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INDUSTRY
Interview
Strong signal
“We are in a highly competitive market and are focused on staying ahead of the competition.”
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Turkey
INDUSTRY
Interview
Skin in the game
“Over the next two to three years, we will expand our logistics and warehousing infrastructure because our existing production capacity is good enough.”
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Turkey
INDUSTRY
Interview
Tissue growth
Lila Group is upgrading machinery to compete in the global market for tissue products, from Turkey to the US.
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Turkey
INDUSTRY
Interview
Slick move
Belgin Oil is on the lookout for new markets and partners to deliver oil products for both cars and factories.
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Turkey
INDUSTRY
Interview
Spin it to win it
“Our goal for Özka Lastik is to increase our market share in the markets we are involved in and to enter new markets such as Latin America.”
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Turkey
INDUSTRY
Interview
Market leader
Sentez Grup has invested continuously over the years in a state-of-the-art facility that is able to produce any kind of packaging customers want.
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Turkey
INDUSTRY
Interview
Box populi
“We try to establish long-term relationships with our customers, because most of our production is tailor-made, premium packaging material.”
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Turkey
INDUSTRY
Forum
Packaging
Turkey is a major exporter of plastic products. Turkish players in the sector are focused on adapting to new market trends and manufacturing capacities.
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Turkey
INDUSTRY
Interview
Connecting the economy
Üntel Kablo makes a wide variety of cables for a range of uses and demonstrated its expertise by participating in the prestigious Istanbul Airport project.
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Turkey
INDUSTRY
Forum
Cables
Turkey's wire and cable industry features dozens of companies ready to serve specific needs across a range of sectors both low and high tech.
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Turkey
INDUSTRY
Forum
Textiles
The textile industry is one of the gems of the Turkish manufacturing sector, and these three firms, Taypa, Aytim, and the ORMO Group, are finding new ways to respond to customers' demands across the world.
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Turkey
INDUSTRY
Interview
Current affairs
Diversifying its portfolio of products, services, and sectors, Eaton is prepared for slower global and domestic growth.
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Turkey
INDUSTRY
Interview
Under one roof
“Fast and high-volume production capacity is essential because the material we produce is used in emergency situations.”
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Turkey
INDUSTRY
Interview
Ahmet Hamdi Atalay
HAVELSAN produces a range of defense industry products for Turkey and its allies, including cybersecurity solutions and flight simulators.
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Turkey
INDUSTRY
Interview
Hawk and dove
“In 2019, it is not hard to build aircraft and helicopters, but to be a key player requires having a strong brand and good products.”
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Turkey
INDUSTRY
Interview
Murat İkinci
STM is deeply involved in the country's defense sector, building ships and submarines for export to Turkey's allies, as well as developing cybersecurity products.
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Turkey
INDUSTRY
Interview
The need for speed
“Actual revenue share for F-135 military engine parts is 30%, while the share of commercial engine parts is 70%.”
read articleTurkey
INDUSTRY
Focus
Turning a new leaf
Over the last decade, local defense companies have expanded beyond the domestic market to become international arms exporters, with a rapidly growing clientele in Southeast Asia.
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Turkey
MINING & INDUSTRY
Interview
Doing It Right
“Maintaining a fair balance between protection and production will enable the economy to realize the full potential of the mining sector.”
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Turkey
MINING & INDUSTRY
Interview
Setting the bar high
“We use the rainwater for our processing needs and ensure that no water is discharged to the environment.”
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Turkey
MINING & INDUSTRY
Interview
Sitting on a gold mine
“Turkey normally imports USD4 billion of coal each year, most of which is for energy-oriented power plants.”
read articleTurkey
MINING & INDUSTRY
Focus
Golden bull
Turkish gold is making its way from deep under the ground to global markets, making it Europe’s leading producer of gold in recent years.
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Turkey
MINING & INDUSTRY
Interview
Emerging leadership
Having become a reliable and leading organization in the energy sector globally, Delta now brings its expertise and international standards to the mining sector in both production and trading.
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Turkey
MINING & INDUSTRY
Interview
Benefit thy neighbor
Cengiz's investment in the Mardin Mazıdağı Metal Recycling and Integrated Fertilizer Plant was the largest private investment in the history of southeast Turkey.
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Turkey
MINING & INDUSTRY
Interview
More than making do
Turkey is a perfect mining springboard not only for expanding one's operations regionally, but also for helping the country inch closer to energy independence.
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Turkey
TELECOMS & IT
Interview
Murat Erkan
Turkcell's 1,000-plus R&D engineers and developers not only place customers first, but are also working around the clock to make the company Turkey's premier ICT service provider through its digital business solutions in three years.
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Turkey
TELECOMS & IT
Interview
Ümit Önal
“Digitalization and the proliferation of internet usage are key for Turkey to actualize the development leap it is aiming for.”
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Turkey
TELECOMS & IT
B2B
Technology
New regulations are helping push Turkey's technology sector in the right direction, but more help from banks is needed if fintechs are to reach as many customers as possible.
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TELECOMS & IT
Focus
All a click away
The e-commerce sector has seen tremendous growth in recent years, a trend that offers enormous promises if players can capitalize on high-volume, low-price sales.
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Turkey
TELECOMS & IT
Interview
A service to rely on
“Our first task was to turn the results of exciting R&D projects into products and then commercialize them.”
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Turkey
TELECOMS & IT
Interview
Rapid development
“I have been witnessing a great uptake of entrepreneurial initiatives emerging from Turkey, with start-up culture and entrepreneurship being supported by various different groups.”
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Turkey
TRANSPORT
Interview
Great expectations
Turkish transit and aviation ambitions go beyond being a mere global hub; before long its also seeks to develop its own world-class aircraft.
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Turkey
TRANSPORT
Interview
The largest Network
“Turkish Cargo’s investment, Smart Istanbul, will soon be one of the most technologically advanced infrastructures in terms of smart operations and AI in the sector. ”
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Turkey
TRANSPORT
Focus: Istanbul’s new airport
Stay fly
Increased capacity and facilities at the new Istanbul Airport, paired with the city's location, have encouraged several global logistics players and cargo airlines to use it as a regional hub.
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Turkey
TRANSPORT
B2B
Export Facilitation
Long an expert in facilitating trade between Asia and Europe, Turkish firms are now doing more than anyone to connect the former CIS, along with vast swathes of Africa, with the global economy.
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Turkey
TRANSPORT
Interview
Tough and knowledgeable
After Leipzig, DHL has plans for Turkey to be a major sub-hub in the region, which is why it is investing EUR135 million in a new 42,000-sqm building using the latest green technology at the new airport.
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Turkey
TRANSPORT
Interview
Delivering success
“The costs of operations are rising, as the mail and B2B side shrinks and the small parcel side of the industry expands.”
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Turkey
TRANSPORT
Interview
Lars Hoffmann
“The slowdown came faster than we had hoped and expected, though it has not changed our mindset. Based on the numbers, Europe is still an important partner for Turkey and vice versa.”
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Turkey
TRANSPORT
Interview
In pursuit of the one-stop solution
Though the growth of e-commerce has positively boosted the sector, MNG Kargo is working on innovative systems and technologies to deal with the overwhelming requirements.
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Turkey
TRANSPORT
Interview
Triple delight
Providing world-class logistics solutions to the firms laying the monumentally important TurkStream pipeline is but one of Ceynak's many contributions to the logistics sector.
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Turkey
TRANSPORT
Interview
Thomas Konietzko
Laser focused on both organic and inorganic expansion opportunities in India, the growth outlook is very bright for firms such as Çelebi.
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Turkey
SHIPBUILDING
Interview
The coast is clear
Sefine Shipyard builds boats and ships across the world. It has navigated difficult waters in terms of competition and the lira's value.
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Turkey
SHIPBUILDING
Interview
Global aspirations
“Our decision to build vessels abroad is a business decision, and it came down to some price structures that make it advantageous to build in countries like China, Singapore, and Indonesia.”
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Turkey
SHIPBUILDING
Interview
Own the waterfront
“We have always invested in expanding our shipyard capacity; each year we grow by 10,000sqm.”
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SHIPBUILDING
Focus
On par with the best
Having evolved from an old traditional activity in Anatolia to an internationally recognized industry, Turkey's shipbuilding sector is giving its eastern counterparts fierce competition.
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Turkey
SHIPBUILDING
Interview
Setting a new course
“ARES Shipyard invests most of its revenues into new facilities, investments, and infrastructure.”
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Turkey
SHIPBUILDING
Interview
Get on board
“Our quality and price have played vital roles in helping us gain a bigger market share.”
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Turkey
SHIPBUILDING
Interview
Leading the pack
“Technological innovation in the yachting sector did not truly exist until we started in 2001.”
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Turkey
REAL ESTATE & CONSTRUCTION
Interview
Sign of the times
Core Media relies on local knowledge and relationships, as well as its extensive experience, to further its business.
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Turkey
REAL ESTATE & CONSTRUCTION
Interview
Monitoring progress
“We have 183,000 title deeds in total and can provide information about all of these, whether it be earthquake issues, new legislation affecting the property, or the market price over the last 24 months.”
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Turkey
REAL ESTATE & CONSTRUCTION
Interview
The right kind of growth
“We have a network of sub agents, similar to a franchise system, and have organic balance in many countries.”
read articleTurkey
REAL ESTATE & CONSTRUCTION
Focus
Whole new latitude
Turkish contractors in Africa
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Turkey
AGRICULTURE
Interview
The therapeutic touch
By providing the end consumer with the health benefits of every flower used in its production process, Altıparmak remains at the forefront of healthy living in Turkey and across the world.
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Turkey
AGRICULTURE
Interview
A delicious pipeline
Already with a large presence in Europe and the Middle East, Assan is breaking into the East Asian market with a variety of sustainable and exciting new products
read articleTurkey
AGRICULTURE
Focus
Turkey in a nutshell
Turkey's diverse agriculture production and strong trade links have drawn international agribusiness investors, particularly in the hazelnut industry.
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Turkey
AGRICULTURE
Forum
Turkish cuisine
Turkish cuisine is revered all over the world around and these companies have taken it upon themselves to satisfy the cravings at both home and abroad.
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Turkey
AGRICULTURE
Interview
Know your food
As one of Turkey's biggest and oldest organic food companies, Işık Tarım's goal is to promote adoption of organic farming and export healthy products to more markets.
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Turkey
HEALTH & EDUCATION
Interview
A class apart
“Within the framework of our growth strategy, we prefer to move forward with both new hospital construction projects and possible acquisition projects.”
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Turkey
HEALTH & EDUCATION
Interview
Leyla Alaton
Government-backed incentives are helping Alvimedica to invest in R&D and make Turkey a hub for the global medical devices market.
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Turkey
HEALTH & EDUCATION
Interview
Success story
“We have been carrying out marketing and sales operations in 20 countries through our own teams.”
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Turkey
HEALTH & EDUCATION
Interview
Ayhan Öztürk
“The smart algorithms in our devices manage a patient's condition to sustain life without suffering severe heart failure conditions.”
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HEALTH & EDUCATION
Focus: Medical devices
Slice of life
Turkey is a tried-and-true manufacturer of local products, a manufacturing base for numerous brands that are household names. Soon, those names could include Turkish-made medical devices as well.
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Turkey
HEALTH & EDUCATION
Interview
Striving for a better future
“One of our goals is to enter the US market because being able to sell in the US proves a company’s competitiveness and quality.”
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Turkey
HEALTH & EDUCATION
Interview
Süha Taşpolatoğlu
Abdi İbrahim is investing heavily to make Turkey a major player in the biosimilars field and prepare the company for the future.
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Turkey
HEALTH & EDUCATION
Interview
The right approach
“Our research centers in specific fields including migration, human rights, and civil society play an active role in creating a positive impact on society.”
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Turkey
HEALTH & EDUCATION
Forum
Education
Turkey's education sector has developed immensely over the years on the back of government policies and strong collaborations with renowned international institutions and bodies.
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Turkey
TOURISM
Interview
Sunny days ahead
With 33 years of experience in the Turkish tourism industry, Jolly is investing in technology to create the perfect experience and stay one step ahead of the competition.
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Turkey
TOURISM
Interview
Customer is king
Swissôtel's multinational team focused on improving guest experience ensures no stone is left unturned when fulfilling guests' personal preferences.
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TOURISM
Interview
Tourism magnet
“Around 90-95% of our business comes from the GCC, the Middle East, and North Africa.”
read articleTurkey
TOURISM
Focus
Eat, pray, love
The 2016 crisis that hit the Turkish tourism sector has pushed the government to diversify its tourism offerings and attract tourists seeking an enthralling array of art, culture, and cuisine.
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