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Turkcell Confirms: Bulgaria's Vivacom Sale Failed

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.

May 4, 2012
Published in Euro Turks
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Foreign investments by Turks Reach $25 Billion in 10 Years

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).

April 25, 2012
Published in Euro Turks
Written by Admin TOA

Turkish Businessmen to Visit Netherlands

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.

April 16, 2012
Published in Euro Turks
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Greece Seeks Turkish Buyers for Assets in Economic Reversal

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.

March 20, 2012
Published in Euro Turks
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Turkish Films at Home in Germany

'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.

June 19, 2011
Published in Euro Turks
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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.

May 10, 2011
Published in Euro Turks
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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

March 8, 2011
Published in Euro Turks
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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.

August 28, 2008
Published in Euro Turks
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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.

August 28, 2008
Published in Euro Turks
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Sells 400 Tons of Pizza Sauce Annually

Vienna – In the Austrian capital of Vienna, just as in Germany, Turkish entrepreneurs have heavily concentrated on the wholesale food and gastronomy sectors of the market. The wholesale food buisness is the first to come to mind in cities where Turks make up a big part of the population. The food wholesale and retail business was born from the need to consume food suited to their own tastes.

August 28, 2008
Published in Euro Turks
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Wiedner & Iltar's 20-Year Leather Adventure

Vienna – The Turkish entrepreneurs in Austria who own business establishments deal with different sectors such as food, retail, confection, tourism and construction. According to estimates, forty Turkish companies in and around Vienna are notable for their size and capacity.

August 28, 2008
Published in Euro Turks
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Wedco: The Industrial Precision Cutting Tool

Wedco High Quality Tooling, established by Edip Bay1z1tl1olu in 1991.

Vienna- Austria’s geographically central location in Europe, at a commercial and cultural crossroads, accords advantages to businesses operating in the country. Austria, which forms boundaries with eight contries -- Germany, the Czech Republic, Slovakia, Hungry, Slovenia, Italy, Switzerland and Liechtenstein -- is the major supplier, particularly for the powerful industry in Germany.

August 28, 2008
Published in Euro Turks
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Austria's Vegetable & Fruit King

Haydar Guner,the Onur Group companies founder.

Vienna, Austria- The story began in a small, 55 square meter greengrocery. You might be able to guess the end of the tale from its title. Haydar Güner was just 21 years old when he came to Vienna in 1985 after cutting short his university education halfway through his studies. He started off by selling retail vegetables and fruit in the oldest market in Vienna. He left that job and started to work in a cleaning company.

August 28, 2008
Published in Euro Turks
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The Man Who Introduced Ceylon Tea to European Markets

Ayhan Bakan, President of Orient GmbH.

Vienna, Austria- Though it interrupted the course of politics, Turkey’s coup d’état of September 12, 1980 culminated in significant changes in the lives of many young people during those years. When the army took over the state administration, many young people preferred to go abroad to get away from the political turmoil.

August 28, 2008
Published in Euro Turks
Written by Admin TOA

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