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"There are 5.2 million Turks living in the 27 countries of the European Union. This 5.2 million population numbers close to the population of Denmark and is almost twice the population of the Baltic states. European Turks are basically the 28th country of the European Union. Based on population, they would even be the 19th country in the union."

Turkish Builder Launches Major Macedonia Project

Image SKOPJE, Macedonia (AP) - Ibrahim Cevahir, Turkish investor and owner of 'Cevahir Holding', speaks during a cornerstone ceremony for construction of four skyscrapers and shopping mall, in Skopje, Macedonia, Monday, July 16, 2012. The construction site that measures about 280.000 square meters (3.000.000 square feet) will consist of four towers with 42 floors each 130 meters (427 feet) tall with business space, shopping mall, and providing residence to 5,000 people. This is the largest construction of residential buildings ever launched in Macedonia worth euro 300 million (367 million US Dollar) and will be completed in three years by Turkish company 'Cevahir Holding'.

Turkcell Confirms: Bulgaria's Vivacom Sale Failed

Image The creditors of the Bulgarian telecommunications operator Vivacom have given up on its sale, Turkish mobile phone operator Turkcell, which had emerged as the preferred buyer, announced, confirming earlier media reports. "We received an official letter informing us that the sellers of BTC have aborted their efforts to find a buyer. Turkcell will continue to evaluate acquisition opportunities for similar buyouts," Chief Executive Officer Sureyya Ciliv said at a press conference.

Foreign investments by Turks Reach $25 Billion in 10 Years

Image Some 165 local businesses invested $5.3 billion in the Netherlands between 2000 and 2010, making the country the top destination for the Turkish investments abroad. Turkish businessmen have invested the highest amount of money in the Netherlands during the first 10 years of the new millennium, according to a report derived from official data by the Confederation of Businessmen and Industrialists of Turkey (TUSKON).

Turkish Businessmen to Visit Netherlands

Image President Gul, Dutch Crown Prince Willem-Alexander and officials will attend Turkey-Netherlands Business Forum in Amsterdam. 100-member Turkish business delegation will travel to the Netherlands to hold talks on new cooperation and investment opportunities between Turkey and the Netherlands on the 400th anniversary of Turkish-Dutch diplomatic relations.

Greece Seeks Turkish Buyers for Assets in Economic Reversal

Image Greek officials met with investors from Turkey to showcase a sale of state-run assets, reflecting a reversal in the fortunes of the Mediterranean rivals as Greece faces possible financial collapse and Turkish growth rivals China’s. Officials of the Greek asset-sales agency, investment office and Foreign Ministry made presentations and held talks with Turkish businessmen in Istanbul today.

Turkish Films at Home in Germany

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'Almanya - Willkommen in Deutschland,' a comedy centered on a Turkish guest worker in Germany, grossed more than $11 million at the German B.O.
BERLIN -- In Germany, Turkish-themed films are beginning to generate major box office coin even as Turkey's own cinematic output is making waves on the international stage and dominating the B.O. at home.

While Turkey is experiencing a skyrocketing ascent as a powerful emerging economy, Germany is looking back at the beginning of Turkish immigration, which helped fuel West Germany's own economic boom.

This year Germany's Turkish community is celebrating its 50th anniversary: In 1961 Germany and Turkey signed an agreement allowing guest workers to immigrate here. It's the subject at the heart of Yasemin Samdereli's "Almanya -- Willkommen in Deutschland," the second-most-successful German film of the year.

The pic, which has earned more than $11 million at the domestic box office, follows an aging patriarch who became Germany's 1,000,001st guest worker in 1964 and who returns to Turkey with his family nearly 50 years later.

The pic won a Silver Lola award for top film this year as well as the screenplay prize for Nesrin Samdereli, the director's sister, at the German Film Awards.

Turkey Will Head the Reconstruction Project of The Rundown Berane Airport in Montenegro

Turkey will head the reconstruction project of the rundown Berane Airport, located in North-Eastern Montenegro. The Minister without a portfolio in the Montenegrin Government, Rafet Husović, said that Turkish investors will head the reconstruction of Berane Airport which will commence before long. An official agreement regarding the airport’s overhaul will be inked soon. The investor hasn’t been named although various government ministers have recently hinted that the Turkish airport operator Limak Holding (which runs Priština Airport among others) might be entering the Montenegrin market with Turkish Airlines rumoured to be eyeing a takeover of the struggling national carrier Montenegro Airlines. The goal of the investment is for Berane Airport to be used by commercial airlines for civilian flights.

Chicken Restaurant Wienerwald Franchise Debuts in Bucharest

Turkish businessmen Tunc and Ali Capa will bring German chicken restaurant Wienerwald to Romania in a franchise agreement which could see 35 restaurants open by 2013, according to Ziarul Financiar. The former managers of real estate developer Anchor Group could hire up to 600 people in the venture, with Bucharest due to open its first store in Spring 2011. Specialising in steamed and marinated fresh chicken, Wienerwald is active in Germany and Turkey. Source: thediplomat.ro

The Actors in the Ethnic Furniture Market

Vienna, Austria – The total volume of the furniture sector in Austria is estimated to be worth 30 billion dollars. Approximately 700,000 immigrants who live in Austria constitute 15% of this market with 4.5 billion dollars. In addition to the Turkish emigrants, about 500,000 others from countries of the former Yugoslavia, such as Serbia, Bosnia and Slovenia reside in Austria.

He Couldn't Be the Bakery's Driver but Became its Boss

Vienna, Austria - Turkey, which is number one among the countries of the world in consumption of bread, also possesses the technology important in the development of the work of a baker. According to a survey done by the Turkish Public Union in 2006, the annual bread consumption, in kilo/ person,  is 71 in Denmark, 51 in Finland, 62 in Germany, 68 in Italy, 60 in the Netherlands, 58.5 in Spain and goes up to 128 in Turkey.
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