The total size of the snack market in Turkey is $1.6 billion, while the ‘salted snacks’ category is worth $230 million. Heading the list of those who are enjoying this market’s 40 percent annual gr...
The world of business is a playing field and companies are the players. The key question here is: “Are you playing for fun or playing to win?” Management consultants recommend playing to win and pl...
Henokiens is one of the very rare ‘companies clubs’… It was founded in France in 1981. Only family companies which are at least 200 years old can join this exclusive club. At the moment it has 34 m...
The Economy And The Exchange Rate March was an interesting month in terms of changes in the foreign exchange rate. When the dollar exchange rate dipped below YTL 1.3 during the first half of the ...
Esas Holding began when Emine Kamışlı left her post at Ak Sigorta and wanted to start her own business. Then her father Şevket Sabancı and her brother Ali Sabancı joined the group. Four years passe...
Allain Gabillet, Bert Bender, Norbert Klein, Steve Bideshi, Till Becker, Dirk Wülfing, Diego Avesani and others… The business community is no stranger to these names. Each one of them manages one o...
The Customs Union and the 2001 crisis provided Turkey with new openings. The country was transformed into an automobile manufacturing base while textiles continued with their success. There was maj...
CURRENT ACCOUNT DEFICIT IN 2005 Turkey’s current account posted a deficit of $15.6 billion in 2004, a new record. It was the first time Turkey had ever recorded such a high deficit. It is likely t...
Organized retailing is growing very rapidly in Turkey and major chains are becoming more widespread, This transformation is bringing with it an important development. The rate of dependence of some...
Saffet Karpat is CEO of P & G, the global giant. He notes that in the last 10 years they have grown threefold. “Our Turkish operations are very successful. In the near future we shall grow at t...
Ünsa Ambalaj is one of largest producers of ‘big bag’, one of the sub-categories in the packaging sector. It has established five companies in Europe in this sector which can be considered new in T...
One of the most important items in terms of the EU economic criteria is R&D expenditure. In this regard, Turkey’s record is not good at all. Investments in R&D account for 0.7 percent of Gr...
Like many executives, Oyakbank General Manager Hakan Eminsoy is very happy with the figures for 2004. He says: “Our total assets reached TL 6.5 quadrillion and our profits TL 110 trillion. We doubl...
HOPES FOR A FOURTH YEAR The Turkish economy grew by 9.7 percent in the first nine months of 2004. The growth rate, which had been very high during the first half of the year, slowed in the third ...
2004 was a boom year for every sector as sales rose rapidly. But growth varied according to the sector. Naturally, there were changes in the respective market shares of companies. In some sectors t...