MADO Sets to Expand in Far East Countries
One of Mado chains in Maltepe Carrefour Super Market.
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updated 4:57 PM UTC, Apr 10, 2025
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Deloitte Optimistic for Turkey M&A After 2011 Deals Set Record
Deloitte & Touche LLP is “optimistic” about mergers and acquisitions in Turkey in 2012, mostly in medium-sized companies, and expects government plans to sell assets to dominate activity. Energy, retail, internet retail, food and banking will lead Turkey’s M&A transactions this year, Deloitte Turkey’s corporate-finance partner Basak Vardar said in an emailed statement. The country had 241 M&A transactions last year, the highest in Turkey’s history, valued at about $15 billion, and foreign investors accounted for 74 percent of the total value of those deals, Vardar said. After Middle East, Coca Cola Invests in Expansion at Home
Coca Cola (NYSE:KO) will invest more than $3 billion in the U.S. alone in the coming year, according to the company’s Chief Executive Mr. Muhtar Kent. [1] Mr. Kent also sounded optimistic about the U.S. recovery and said that the country has a bright future ahead. Coca Cola enjoys a very strong brand recognition within the country, so an improved economic environment could really help the company in the long run. Recently, the company also invested $980 million buying a stake in Aujan Industries in the Middle East. Coca Cola currently competes with companies like Pepsi (NYSE:PEP) and Dr. Pepper Snapple Group (NYSE:DPS) and other domestic players.Hasan Tuluy, New World Bank Vice President for Latin America and the Caribbean
Hasan Tuluy, a Turkish national and a strong supporter of inclusive growth, will become the new World Bank Vice President for Latin America and the Caribbean as of January 1st, 2012. Mr. Tuluy will oversee the Bank’s lending, knowledge, and poverty-fighting operations in the region, which totaled US$9.6 billion in fiscal year 2011, according to The World Bank .
French Businessman Says The Bill Does not Represent Majority of French People
Yves-Marie Laouenan, deputy chairman of the Turkish-French Trade Association, stated that the bill that makes denial of the alleged Armenian genocide a punishable crime, which passed in the French Lower House on Dec. 22, was approved by a small community and does not represent the majority of French people. Direct Energy Investments Exceeds 3.5 bln USD
Turkish Energy & Natural Resources Minister Taner Yildiz has said that direct investments in energy sector exceeded 3.5 billion USD in 2011 in Turkey. The share of private sector was over 60 percent in energy production in 2011, added Yildiz who held a press conference in Ankara on Thursday. Indian Aditya Enters Turkey with $510 mln, Hints More to Come
Turkey attracted a new investment valued at $510 million by India’s Aditya Birla Group, a $35 billion multinational company, to establish a viscose staple fibre (VSF) plant in the southern province of Adana, company officials told a press conference Thursday in İstanbul while they said the group mulled over new investments in the country.
U.S. Congress Tells Turkey To Safeguard Christian Heritage
In a resolution hailed by Armenian-American groups but criticized by Ankara, the U.S. House of Representatives urged Turkey late on Tuesday to respect religious freedom and return Armenian and other Christian worship sites to their “rightful owners.” The resolution drafted by two California lawmakers, Republican Ed Royce and Democrat Howard Berman, is virtually identical with legislation approved by the House Foreign Affairs Committee in July. It said the Turkish authorities should “end all forms of religious discrimination” of the country’s Christian minorities. New Coca-Cola Plant Opens in New Jersey
Gov. Chris Christie was on hand during the official opening of a new 226,000-square-foot sales and distribution center for Coca-Cola on Deans Rhode Hall Road on Tuesday. "This is an extraordinary facility; it is state of the art," Gov. Christie said. "They (Coca-Cola) could have chosen to build it anywhere, but they chose here." Comodo Users Reflects Success of Online Community-building
Comodo, a leading Internet security provider, is spotlighting an unprecedented user response reported by a social media analytics firm as further evidence that "real world" reviews are an increasingly valuable source of information for consumers comparing Internet security solutions. Last week Amplicate, a social media analytics service that tracks more than 170 million opinions from more than 33 million social media users, reported "tens of thousands" of users had responded to Comodo's recent social media outreach, helping to increase the company's "positive rating" from 56 percent to 96 percent in the space of a single day. More...
Diaspora Organizations Work to Stop US NGO's Unauthorized Karabakh Trip
Azerbaijani and Turkish diaspora organizations in the United States have launched a campaign to prevent a local NGO from making an unauthorized trip to Karabakh. The US-based Azerbaijani-American Council (AAC) and the Pax Turcica Institute have organized an action letter campaign (PTI) in protest of the recent discovery of a planned unauthorized visit to Karabakh by the World Affairs Council (WAC) of Houston, Texas, a US-based NGO. American, Turkish Businessmen Discuss Renewable Energy
Delivering a speech on talks, ASO Chairman Nurettin Ozdebir said that Turkey's imports from the United States had been 12.3 billion U.S. dollars and exports to the U.S. had been 3.8 billion USD in the last year. U.S. Assistant Secretary of Commerce Michael Camunez and accompanying delegation had a meeting with businessmen at Ankara Chamber of Industry (ASO) in Ankara on Monday, discussing renewable energy and energy productivity.
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Why Turkey Is the Next Raging E-commerce Hotspot
Matt Marshall (Venture Beat) Last week, I visited Turkey, and discovered what a lot of people are saying about this fascinating country: It’s the next developing hotspot for technology startups, especially for e-commerce. The sector is exploding: The Turkish e-commerce market hit $10.6 billion in the first six months of the year, compared to $16.3 billion for all of 2010. And after years of neglecting Turkey, U.S and other investors are now starting to flock there. Investment capital isn’t gushing full-bore yet, as investors assess this still-emerging market. But 2011 is the year when the spigot was first turned on.
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Turkey 19th Most Valuable Brand in World
Turkey ranked 19th in a global list of countries with most valuable brands with a total value of 373 billion U.S. dollars, according to a global brand valuation research. Turkey ranked 19th in a global list of countries with most valuable brands with a total value of 373 billion U.S. dollars, according to a global brand valuation research. The country ranked 10th in a similar list for European countries. 
