The Wild Dragon Seeks New Markets in the USA

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The Wild Dragon, which is exported to 32 different countries in the world, is sold in the Chicago area.

Vienna, Austria -
One of the areas on which the Macro Group has been concentrating recently is Wild Dragon, an energy drink. Hüseyin Ünal started out by becoming an associate of another energy drink company in Austria, the motherland of energy drinks, and afterwards created his own brand name, The Wild Dragon.  

Is Turkish Electronics Ready to U.S. Market?

ImageAs the sector is not only that of a unique industry having a market share of 1 trillion USD, and holding the rank of being the highest employer sector for the 21st century, but also has become the basic sector improving all the other sectors. The Electrical-Electronics and Machinery Industry is considered to be one of the major sectors of Turkey, as it is the source of information technology used by the developed nations to ensure competitive advantage.

Turkish Trade Delegation Visits Four States

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Muhtar Kent with Cemil Ozyurt, TURKOFAMERICA's editor-in-chief in Atlanta.
The Turkish state minister for foreign trade defined the aim of his visit to the United States as an opportunity to discuss investments in Turkey. "The aim of this visit was also to raise U.S. awareness about Turkey," Turkey's State Minister Zafer Caglayan told. Caglayan said he visited four states and held important meetings, particularly with the executives of leading U.S. companies.

On This Issue

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HOW WILL THE GLOBAL CRISIS AFFECT THE EXPORT TARGET?

Kursad Tuzmen, State Minister of Turkey: “We are planning on taking a major step towards exceeding our export objective of USD 125 billion in 2008 and achieving the target of USD 200 billion in 2010.”

Turkish Exporters Should Rediscover the USA

Despite the fact that Turkish exports have been rising uninterruptedly since the 1980s, the recent global crisis means that Turkish exporters must now direct their activities towards new outlets. While Turkey exports 55 percent of its total exports-- quite a conspicuous share--to the countries of the European Union, the USA has remained below its potential as a trade partner.

The Chemicals Sector Has Grown in Spite of the Crisis

Parallel to the effects of the current economic crisis, Turkey has now experienced a decline in its exports for the first time in 32 months. The export figures for October 2008 decreased by 1.87% in comparison to the same month last year and by 21.8% in comparison to last year’s auto industry figures.
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