Businessman (199)

"Founders of succesful businesses, executives, Presidents, CEOs, and General Managers... Gilan, Vocelli Pizza, Unique Settings of New York, Benchmark, Sanli Pastore & Hill, Askew Industrial Corp., Luca Luca, Inseco, Rapid Conn, CAO, Telenity, Bicom, and many other success stories... "

Global Investment House Fund Buys 80% of Turkey's Bicakcilar

ImageGlobal Capital Management Ltd., a buyout unit of Global Investment House of Kuwait, acquired 80 percent of Turkey’s Bicakcilar Tibbi Cihazlar AS, a medical equipment manufacturer, Global said.

Bicakcilar, based in Istanbul, is the second-biggest maker of catheters in Europe and exports its products to more than 70 countries, Global Investment House, a Kuwaiti investment company, said in an e-mailed statement today. Financial details of the agreement weren’t provided.

Turkey’s growing health-care industry has attracted investors including Abraaj Capital Ltd., the Middle East’s biggest private-equity firm, which bought 54 percent of hospital operator Acibadem Saglik Hizmetleri & Ticaret AS for about $606 million in 2007 and 2008. Carlyle Group, the world’s No. 2 private-equity firm, bought 40 percent of hospital operator Medical Park Saglik Grubu AS for an undisclosed price in 2009.

Universal Saglik Yatirimlari Holding AS, a Turkish chain of 18 hospitals, will complete the sale of a stake of unspecified size within a month, according to Daruma Corporate Finance, which is advising on the transaction.Source: Bloomberg

THY to Begin Flights to Houston, Miami, Boston and Detroit

ImageDirector General of Turkey's national air carrier Turkish Airlines, or THY, Temel Kotil said Wednesday that following flights to Los Angeles in March, 2011, they would begin flights to US cities of Houston, Miami, Boston and Detroit either in 2012 or in 2013.
In an exclusive interview with the Anatolia news agency, Kotil said that THY's flights to Washington, D.C., which began last November, were very important for them.

It is not only the Turks who arrive in Washington, D.C.. People from the Middle East, Central Asia and Russia come to Washington, D.C. by THY. We carry a high number of passengers from Washington, D.C. to Africa. We are pleased with the occupancy rates for flights from Washington, D.C., Kotil said.

A Bank Born Out of Turkish-Greek Love: Fort Lee Federal Savings Bank

ImageFort Lee Federal Savings Bank's second office is opening in Clifton, New Jersey. Operating in Fort Lee, New Jersey for the past ten years, the Fort Lee Federal Savings Bank will have the official opening of its three story building on Main Avenue, Clifton within the following days. The Bank is also preparing to transfer its first office to a new building they bought in Fort Lee. Yasemin Koyunoglu, the only Turk owning a bank in the US, and her husband Dr. Haralambos (Bob) S. Kostakopoulos opened the doors of their new center to the Turk Avenue. Decorating their new office with nearly sixty marbling art pieces selected from the collection of marbling artist Kubilay Dincer of Turkey, the Kostakopoulos couple designed their floors with Turkish rugs. Having started their endeavor with a moderate size bank in Fort Lee ten years ago, Kostakopoulos couple says that they owe their strength in the face of economic crisis and mortgage crises to a planned and conscious strategy. The co-president of the Fort Lee Federal Savings Bank Yasemin Koyunoglu Kostakopoulos says, "What is important is not the number of banks; how much business you do. We took our steps slowly but sustainably."

Shopify Secured $7 Million from Angel Investors

ImageShopify, the online-retail platform bringing advanced commerce functionality to businesses of all sizes, announced it has secured $7 million in Series A funding from Bessemer Venture Partners, FirstMark Capital and Felicis Ventures. Shopify, which features a groundbreaking “app store” to help run your shop, will use the proceeds to invest in the growth of the company, including product development and international expansion. Shopify already serves customers in over 60 countries. The company also plans to invest in its technology, infrastructure and developer tools. Shopify is committed to attracting the best app developers to its platform, giving them access to thousands of retailers.

Turkish Businessman Among Holland's Richest 500

Celal Oruç, a Turkish businessman based in the Netherlands with interests in a variety of sectors, including energy, finance, telecommunications and real estate, has been listed as one of the country’s 500 richest individuals by Quote magazine. The magazine announced that Oruç was the 316th richest person in the Netherlands with a personal fortune of 85 million euros as of 2009, marking an increase of 19.7 percent in his wealth compared to the previous year.

Turkish Businessman in Japan Points to Giant Chinese Market

A Turkish businessman, who entered the Japanese market by selling live fish to traditional "sushi" restaurants 5 years ago, has now become a successful name that sells Turkish products to Japan's finest restaurants and airline companies. Turkish businessman Ayhan Bermek, who carries out joint activities with the Turkish delegation accompanying Turkish State Minister for foreign trade Zafer Caglayan during his visit to the Japanese capital of Tokyo, talked to AA regarding his business activities and future plans in the Far East.

Haute Living Features Engin Yesil, Turkish Tycoon

ImageIf you don't believe in the American dream, Engin Yesil, a driven entrepreneur with a relentless zeal for victory, will make you believe. "I came to the United States to get an education, so that I can go back and run my family business in Turkey," he continues, "I was an entrepreneur since birth, but I realized all the opportunities this country offered, and I was hooked on becoming the American dream."

The Oscar of Philanthropy Goes to Koc Family

Rahmi Koc with the Mike Bloomberg, Mayor of New York City, Sanford Weill, ex-chief executive officer of Citigroup and Gordon Moore, co-founder of Intel. (Photo: Courtesy of

New York Anatolia Agency -

The Carnegie Endowment for International Peace, a foreign-policy think tank based in Washington, has deemed the Koç Family worthy of the “Carnegie Medal of Philanthropy,” the most prestigious philanthropy award in the world. Turkey's Koc family received the Carnegie Medal of Philanthropy in a ceremony in New York.

Barry Habib: A Guide to Mortgage Markets and a Producer of Broadway Shows

Barry with his wife Toni.

Barry is the youngest of five children of an immigrant family from Ortakoy, İstanbul. When the family decided to move away in 1958, like any immigrant who desired to come to the U.S., they thought that money lay scattered on the streets and all they had to do was just bend down and picked it up.
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