Categories Business Company & Industry VW cancels Turkey plant, Anti-Trust Board probes German auto imports Atilla YeşiladaPosted on2 July, 20202 July, 2020 Volkswagen drops plans for new plant in Turkey, citing pandemic German automaker Volkswagen Wednesday … Continue ReadingVW cancels Turkey plant, Anti-Trust Board probes German auto imports
Categories Company & Industry Turkish top stock picks Atilla YeşiladaPosted on27 June, 202027 June, 2020 Adding OTKAR We think OTKAR continues to have strong growth prospects both in defense and … Continue ReadingTurkish top stock picks
Categories Company & Industry Turkey stock picks: Ünlü & Co adds Arçelik to its recommendations Atilla YeşiladaPosted on25 June, 202027 June, 2020 Adding Arcelik into Our Top Picks list We are adding Arcelik into our Top picks … Continue ReadingTurkey stock picks: Ünlü & Co adds Arçelik to its recommendations
Categories Company & Industry RenCap: Turkcell-Telia to exit? Good for investment case Atilla YeşiladaPosted on23 June, 202024 June, 2020 Telia Company confirmed its plan to sell its stake in Turkcell Holding for $530mn to … Continue ReadingRenCap: Turkcell-Telia to exit? Good for investment case
Categories Business Company & Industry Al Monitor: Covid ravages Turkey’s textil industry Atilla YeşiladaPosted on20 June, 202020 June, 2020 Turkey’s clothing and textile sector, a vital source of employment and revenues, has become the … Continue ReadingAl Monitor: Covid ravages Turkey’s textil industry
Categories Company & Industry Turkish Wealth Fund becomes controlling shareholder of TCELL, but at what cost? Atilla YeşiladaPosted on18 June, 202020 June, 2020 According to Finans Invest, Turkish Wealth Fund (TVF) agreed with Cukurova Holding, Telia, Russian LetterOne … Continue ReadingTurkish Wealth Fund becomes controlling shareholder of TCELL, but at what cost?
Categories Company & Industry Markets HSCB’s top Turkey stock picks Atilla YeşiladaPosted on18 June, 202018 June, 2020 We present five stocks that we prefer in Turkey from a growth and valuation perspective … Continue ReadingHSCB’s top Turkey stock picks
Categories Company & Industry Emerging Markets Finance Markets Turkey reaches deal with Euroclear for wider foreign access to local bond market Editor P.A.Posted on9 June, 202011 June, 2020 Turkey’s Treasury and Finance Ministry announced on Tuesday that it had reached a deal with … Continue ReadingTurkey reaches deal with Euroclear for wider foreign access to local bond market
Categories Business Company & Industry Turkish auto sales stuck at the bottom Atilla YeşiladaPosted on4 June, 20204 June, 2020 Passenger car and light commercial vehicle market down 2.4 percent in May Domestic automobile and … Continue ReadingTurkish auto sales stuck at the bottom
Categories Company & Industry COMPANY UPDATE: ERDEMIR Atilla YeşiladaPosted on3 June, 20203 June, 2020 Important Disclosure: PA Turkey does not comment or add content to equity research reports in … Continue ReadingCOMPANY UPDATE: ERDEMIR
Categories Business Company & Industry May SAMEKS composite PMI rose by 11.8 points Atilla YeşiladaPosted on1 June, 20201 June, 2020 Cover chart: SAMEKS composite Index in Turkish In May 2020, seasonally and calendar adjusted SAMEKS … Continue ReadingMay SAMEKS composite PMI rose by 11.8 points
Categories Business Company & Industry Foreign banks may be turning to the exit as Turkey tightens grip on sector Atilla YeşiladaPosted on30 May, 20203 June, 2020 Financial fallout from the coronavirus crisis could hasten mergers or retreats by some of Turkey’s … Continue ReadingForeign banks may be turning to the exit as Turkey tightens grip on sector
Categories Business Company & Industry THY chairman: Recovery in the industry may take up to five years Atilla YeşiladaPosted on29 May, 202029 May, 2020 It is true that even if the Covid-19 pandemic is over, some things will never … Continue ReadingTHY chairman: Recovery in the industry may take up to five years
Categories Company & Industry Erdogan’s Fourth Attempt to Take Over Turkey’s Largest Private Bank Atilla YeşiladaPosted on27 May, 202027 May, 2020 Turkish President Recep Tayyip Erdogan on May 12 asked the central executive committee of his … Continue ReadingErdogan’s Fourth Attempt to Take Over Turkey’s Largest Private Bank
Categories Company & Industry Company Update: TUPRAS Atilla YeşiladaPosted on25 May, 202025 May, 2020 Important Notice: To comply with Capital Markets Board and BRSA guidelines, PA Turkey does not … Continue ReadingCompany Update: TUPRAS
Categories Company & Industry Prepare for Collusion: Covid-19 Outbreak and Aviation Industry Editor P.A.Posted on20 May, 202029 May, 2020 The negative effects of the epidemic first appeared in aviation shares as far as Turkey’ … Continue ReadingPrepare for Collusion: Covid-19 Outbreak and Aviation Industry
Categories Company & Industry Company Update: TAV Aviation – Take off delayed Editor P.A.Posted on16 May, 202021 May, 2020 Passenger demand in the new era remains unclear Starting from June, airlines in Turkey are … Continue ReadingCompany Update: TAV Aviation – Take off delayed
Categories Company & Industry Turkish Airlines: Not a time to be bullish Editor P.A.Posted on16 May, 202021 May, 2020 For a whole month, Turkish Airlines’ (TA) fleet has stood idle because of COVID-19, burning … Continue ReadingTurkish Airlines: Not a time to be bullish
Categories Company & Industry Economy Finance Markets Swap ban on three banks lifted; lira under focus still Editor P.A.Posted on11 May, 202021 May, 2020 Turkey reversed its recently placed ban on BNP Paribas SA, Citigroup Inc. and UBS Group … Continue ReadingSwap ban on three banks lifted; lira under focus still
Categories Company & Industry Turkey intensifies Mediterranean gas operations as energy giants pull out Editor P.A.Posted on8 May, 202021 May, 2020 Ankara’s intensification of exploration and drilling activities will coincide with easing of pandemic restrictions, with … Continue ReadingTurkey intensifies Mediterranean gas operations as energy giants pull out