After becoming one of the country’s first unicorns, the on-demand grocery delivery service Getir will invest in the online shopping platform n11, according to a statement from Nazim Salur, Founder of Getir. The unicorn, which has operations in the UK, Netherlands, Germany, and France, is looking at possible partnerships and collaboration options with n11 and...
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A possible reverse capital control ahead
What matters on Wednesday, March 29
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Central Banks keeps interest rate steady at 8.5%
The message from Russia: ‘I am in the Middle East too’
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The post-earthquake needs analysis
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World automotive sector influenced by semiconductors (chip sector) demand
The highest monthly CAD in the history of the republic
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Dollar lost its savings instrument edge
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A law specific to Istanbul is a must: Mayor of Istanbul
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Category: Turkey at a Glance
BORCELIK TO INVEST USD 13M IN NEW PRODUCTS
Borusan Holding and the Luxembourg-based ArcelorMittal’s joint venture, galvanized steel manufacturer Borcelik, has decided to focus its business on the materials segment and will invest USD 13.3m to develop its existing processes, according to Kerem Cakir, General Manager of Borcelik. The company has also concentrated on development of new generation products and transformation into Industry...
BAYRAKTAR AKINCI UCAV DELIVERED TO THE TSK INVENTORY
The graduation and delivery ceremony of the AKINCI Unmanned Combat Aerial Vehicle (UCAV) developed by Baykar as part of the AKINCI Project was held at the Bayraktar AKINCI Flight Training and Test Center with the participation of President Recep Tayyip Erdogan. Completing its first flight on December 6, 2019, the first batch of Bayraktar AKINCI...
SITARE SEZGIN NAMED GM OF TEKNOSA
Sitare Sezgin has been appointed the general manager (GM) of Sabanci Holding subsidiary Teknosa. Sezgin completed her bachelor degree at Bilkent University’s Department of Business Administration in 1997 and a Finance Intensive MBA at Manchester Business School at the University of Manchester. She started her professional career in 1999 as consultant at Bain&Company and then...
SEZERCAN BECOMES GM OF IS PORTFOY
Burak Sezercan, who has over 25 years of professional experience in the finance sector, has been appointed the general manager of the private portfolio company Is Portfoy. Sezercan worked at Isbank as assistant inspector at the Board of Inspectors in 1996, assistant manager at the risk management department in 2005, manager of the risk management...
NEW IT AND DIGITAL VP AND OMNI-CHANNEL GM AT BOYNER
Cengiz Gurer has been appointed the information technologies and digital vice president of Boyner Group and omni-channel general manager of Boyner Buyuk Magazacilik. In his new position, Gurer will be responsible for it, big data, customer relationship management (CRM) and all digital processes while also leading Boyner Buyuk Magazacilik’s e-commerce platforms morhipo.com and boyner. com.tr....
INGRUN ALSLEBEN NAMED CEO AND CFO OF BAYER TURKEY
Ingrun Alsleben has been appointed the CEO and chief financial officer (CFO) of Bayer Turkey. Alsleben started her professional career in 1997 at Bayer’s headquarter in Germany. She was appointed to the company’s Beijing office in 1999 and worked in corporate services as well as the company’s Healthcare Products Unit for 13 years in Greater...
ALI RIZA ESMEN BECOMES HR DEPUTY GM OF TURKCELL
Ali Riza Esmen has been appointed Human Resources Deputy General Manager of Turkcell. Esmen received his bachelor’s degree from Kirikkale University’s Department of Public Administration in 1997 and an MBA at Dowling College in New York in 2004. Esmen worked as lecturer at Dowling College English Language Institute after he started his professional career as...
TEKSUT INCLUDES PALESTINE IN EXPORT NETWORK
BY MEHMET HANIFI GULEL The dairy products manufacturer Teksut has added Palestine to its list of export countries, according to Arda Aksaray, Teksut Board Member. The company has also begun selling its products in Singapore and Japan. Teksut, which manufactures over 40 different dairy products in eight categories, currently exports to 22 countries on four...
VESTEL TO EXPORT EV CHARGERS TO GERMANY
Home and professional appliances manufacturing company Vestel has reached an agreement with the Germany-based energy firm E.ON to produce electric vehicle charging devices. According to the agreement, E.ON will expand its EV charger portfolio to include new and state-of-art charging products manufactured in collaboration with Vestel. EV chargers manufactured by Vestel will be used at...