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BSH Expansion and Investment in Turkey PDF Print E-mail
Written by TACCI Admin   
Monday, 15 September 2014 16:17

BSH to double production capacity in Turkey 

Dünya – German white goods and home appliances manufacturer BSH is planning to double its production capacity in Turkey, according to a company executive.

Speaking to the Turkish press at IFA 2014 event in Berlin, BSH’s Chairman of the Board of Management, Karsten Ottenberg, said that the company’s investments in Turkey to date have reached EUR 1 billion. “Turkey holds immense potential with its large domestic market and export capabilities. BSH will speed up its investments in Turkey, its third largest market in terms of turnover following Germany and China”, Ottenberg said.

BSH Turkey CEO, Norbert Klein, speaking at the same event, said that the annual capacity of BSH’s production plants in Turkey will nearly double to 8 million units up from its current 4.5 million in the next 5 years. “Extending the innovation and R&D capabilities of BSH Turkey will be the priority”, he noted.

BSH employs over 5,000 people in Turkey, using Cerkezkoy, Tekirdag production site as a supply base for the company’s exports to markets in Western, Central and Eastern Europe and the Middle East.

Source: www.invest.gov.tr/EN-US/INFOCENTER/NEWS/Pages/120914-bsh-expanding-investments-in-turkey.aspx
Last Updated ( Monday, 15 September 2014 16:20 )
Written by TACCI Admin   
Friday, 12 September 2014 15:24

Turkish Chamber of Shipping, has become a General Member of TACCI.

Istanbul and Marmara, Aegean, Mediterranean and Black Sea Regions Chamber of Shipping, briefly called the Turkish Chamber of Shipping (TCS), is an important professional organization of the Turkish maritime sector, with its headquarters in Istanbul and main branch offices in Izmir, Bodrum, Marmaris, Antalya, İskenderun,  Fethiye and Karadeniz Ereğlisi.

Address: Meclis-i Mebusan Cad. No:22 34427 Findikli / Beyoglu / Istanbul
Phone: +90 (212) 252 01 30 
Faks: +90 (212) 293 79 35
Email: contact@chamberofshipping.org.tr


Last Updated ( Friday, 12 September 2014 15:28 )
Thirteen Textile Manufacturers From Turkey will exibit H-TT in Septembe 15-18 PDF Print E-mail
Written by TACCI Admin   
Wednesday, 10 September 2014 17:43

Thirteen manufacturers from Turkey’s Denizli manufacturing region will exhibit in H&TT’s Global Home Show in New York in September.

The companies are members of a cluster project of the Denizli Exporters’ Association, which is supported by the country’s Ministry of Economy.

The pavilion will be located in the Prince George Ballroom 15 East 27th St., between 5th and Madison Avenues in the showroom neighborhood of the textiles market. They include:

ABC Textile
Pamir Towel
Vateks Vatan 

  SOURCE -  http://www.strateko.com/upload/dokuman/%7B57F41721-23C3-4B0B-B910-9C20081D3DAB%7D.pdf
Last Updated ( Wednesday, 10 September 2014 17:44 )
Dutch Rabobank Receives Green Light to Operate in Turkey PDF Print E-mail
Written by TACCI Admin   
Tuesday, 09 September 2014 16:43
Dutch Rabobank granted operating license in Turkey

Milliyet - The Banking Regulatory and Supervision Agency (BDDK) granted Rabobank, the largest agricultural lender in the Netherlands, a license to operate in Turkey, according to an announcement in the Official Gazette.

In August, 2013, the BDDK had given the Dutch financial institution the permission to set up a bank in Turkey with an initial investment of USD 300 million, the capital required to start a banking business in the country.

Focusing on food and agricultural industries, Rabobank joins Italian Intesa Sanpaolo, Japan’s Bank of Tokyo-Mitsubishi UFJ (BTMU) and Lebanese Bank Audi who have all received a Turkish banking license in recent years.

SOURCE - http://www.invest.gov.tr/en-US/infocenter/news/Pages/090914-rabobank-granted-operating-license-in-turkey.aspx


Last Updated ( Wednesday, 10 September 2014 20:19 )
Turkey's Air Conditioners export reached $2.9 Billion PDF Print E-mail
Written by TACCI Admin   
Monday, 08 September 2014 17:57


Exports of the Turkish air conditioning sector reached $2.988 billion (TL 6.48 billion) with an increase of 11.8 percent in the first eight months of 2014 compared to the same period of the previous year.

According to the data gathered from the Turkish Exporters' Assembly, the heating and cooling sector which is positively affected by the achievements of Turkish contractors in foreign countries is enhancing its performance daily.

The air-conditioning sector, which ranks 12th in Turkey's export list and exports to more than 150 countries, covered 3.6 percent of industrial exports in the first eight months of the year. Foreign trade which was nearly $311 million in August 2013 rose to $330 million with an increase of 6 percent in the same month of this year.

With 25 percent of the companies based in Istanbul, the sector increased its export of air conditioning systems by 13 percent in the January-August period compared to the same period of previous year. Istanbul made nearly half of the total foreign sale on its own with air conditioning exports valued at around $1.418 billion. Turkey's highest rate of air conditioning exports were to Germany, Russia, Iraq, England, Iran, Azerbaijan and Turkmenistan, respectively, among others.

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