Categories Company & Industry Finance General HIGHLIGHTS Top Picks Update: Adding PETKM, Removing TKFEN & MGROS Cem CetingucPosted on29 April, 2022 Buy PETKM. We like PETKM as we think the market has not appreciated yet SOCAR Turkey’s … Continue ReadingTop Picks Update: Adding PETKM, Removing TKFEN & MGROS
Categories Company & Industry Emerging Markets Finance HIGHLIGHTS Politics Russian conflict: Atos moves services to India and Turkey Cem CetingucPosted on27 April, 2022 Atos is moving services currently delivered from Russia to other countries, including India and Turkey, … Continue ReadingRussian conflict: Atos moves services to India and Turkey
Categories Business Company & Industry Finance HIGHLIGHTS Aselsan reports 110M dollar net profit for Q1 Cem CetingucPosted on27 April, 2022 Turkish defense giant Aselsan on Tuesday reported TL 1.7 billion ($110 million) in net profit … Continue ReadingAselsan reports 110M dollar net profit for Q1
Categories Business Company & Industry Finance HIGHLIGHTS HSBC: Stocks we like ahead of 1Q22 earnings Cem CetingucPosted on20 April, 202220 April, 2022 BIM (BIMAS TI, CMP TRY84.70, Buy, TP TRY128.00): The company is likely to continue to … Continue ReadingHSBC: Stocks we like ahead of 1Q22 earnings
Categories Business Company & Industry General HIGHLIGHTS Turkey seeks more local options in energy sector: Minister Alparslan Cem CetingucPosted on12 April, 2022 Turkey should benefit more from local sources in meeting its energy needs, as well as … Continue ReadingTurkey seeks more local options in energy sector: Minister Alparslan
Categories Business Company & Industry General HIGHLIGHTS Ziraat Bank secures $1.24 billion loan Cem CetingucPosted on12 April, 2022 Turkey’s Ziraat Bank said on Monday that it had secured a syndicated loan totaling $1.24 … Continue ReadingZiraat Bank secures $1.24 billion loan
Categories Business Company & Industry HIGHLIGHTS Tech LFP gigafactory in Turkey to start production later this year Cem CetingucPosted on7 April, 2022 A new 1GWh lithium iron phosphate (LFP) battery factory in Turkey serving the energy storage … Continue ReadingLFP gigafactory in Turkey to start production later this year
Categories Company & Industry Economy Finance HIGHLIGHTS S&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war Cem CetingucPosted on4 April, 2022 S&P Global Ratings cut Turkey’s local currency credit rating further into junk, while keeping a … Continue ReadingS&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war
Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Outperform Maintained Cem CetingucPosted on4 April, 2022 Recovery in cracks gains pace led by mid-distillates… On the back of post-pandemic recovery in … Continue ReadingTUPRS: Outperform Maintained
Categories Company & Industry General HIGHLIGHTS Turkey to develop new long range cruise missile Cem CetingucPosted on1 April, 2022 The Turkish defense contractor Roketsan Thursday announced it had developed a new generation cruise missile … Continue ReadingTurkey to develop new long range cruise missile
Categories Company & Industry General HIGHLIGHTS Politics Oil price spkies due to tight supply Cem CetingucPosted on31 March, 2022 Oil prices gained about 3% on Wednesday as another U.S. crude stock drawdown indicated tight … Continue ReadingOil price spkies due to tight supply
Categories Business Company & Industry HIGHLIGHTS Garanti Bank shareholder rejects share price offer Cem CetingucPosted on25 March, 2022 Spanish banking group BBVA’s share price offer to achieve full control of Turkish lender Garanti BBVA, … Continue ReadingGaranti Bank shareholder rejects share price offer
Categories Business Company & Industry HIGHLIGHTS Ford initiates massive battery plant in Turkey Cem CetingucPosted on17 March, 2022 Ford plans to build an electric-vehicle battery plant in Turkey with South Korean battery maker SK … Continue ReadingFord initiates massive battery plant in Turkey
Categories Business Company & Industry HIGHLIGHTS Turkish automotive production and exports fell in the first two months of 2022 Cem CetingucPosted on17 March, 2022 According to the January-February data of the Automotive Industry Association (OSD), total automotive production decreased … Continue ReadingTurkish automotive production and exports fell in the first two months of 2022
Categories Business Company & Industry HIGHLIGHTS Tech Turkey’s unmanned fighter jet production kicks off Cem CetingucPosted on14 March, 2022 Turkey’s drone magnate Baykar on Saturday announced it has reached a new phase in its … Continue ReadingTurkey’s unmanned fighter jet production kicks off
Categories Business Company & Industry HIGHLIGHTS China, Turkey to build world’s largest rooftop solar power plant Cem CetingucPosted on14 March, 2022 Chinese tech giant Huawei and Turkish steel manufacturer Tosyali Holding co-launched a project on Friday … Continue ReadingChina, Turkey to build world’s largest rooftop solar power plant
Categories Business Company & Industry Emerging Markets General HIGHLIGHTS Turkish companies have the potential to double in value Cem CetingucPosted on9 March, 202211 March, 2022 According to CompaniesMarketCap data, Turkish companies generate 0.20 percent of the total turnover and 0.21 … Continue ReadingTurkish companies have the potential to double in value
Categories Business Company & Industry Economy HIGHLIGHTS Turkey’s trade in counterfeit goods booms as Lira depreciates Cem CetingucPosted on8 March, 2022 Photos of fake Gucci bags, Louis Vuitton sweatpants and Nike sneakers are flaunted on the … Continue ReadingTurkey’s trade in counterfeit goods booms as Lira depreciates
Categories Business Company & Industry General HIGHLIGHTS Turkey and Rolls-Royce collaborate on 5th-gen combat aircraft engine Cem CetingucPosted on8 March, 2022 The top body of Turkey’s defense industry has started cooperating with United Kingdom-based Rolls-Royce on … Continue ReadingTurkey and Rolls-Royce collaborate on 5th-gen combat aircraft engine
Categories Business Company & Industry HIGHLIGHTS Tech Radical step for zero-carbon emissions: Turkey is turning algae into bio-jet fuel Cem CetingucPosted on7 March, 20227 March, 2022 The first carbon-negative biorefinery in Europe opened in Istanbul and is utilising algae to make a variety … Continue ReadingRadical step for zero-carbon emissions: Turkey is turning algae into bio-jet fuel