(IN BRIEF) The EBRD has provided a €25 million loan to BNP Paribas Finansal Kiralama in Türkiye to support gender-responsive green investments. This loan, part of the Türkiye Green Economy Financing Facility II, aims to fund projects in energy efficiency, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey, United Kingdom
Tagged 2053, BNP Paribas Finansal Kiralama, BNP Paribas Leasing Solutions, climate finance, climate resilience, EBRD, EBRD .Investment, energy efficiency, equipment finance, gender component, gender-responsive, Green Economy Financing Facility II, Green Technologies, leasing companies, net-zero emissions, Oksana Yavorskaya, partnership, private sector, renewable energy, Sibel Alyar, small and medium-sized enterprises, sustainability, sustainable growth, trade finance, Türkiye, WOMEN
(IN BRIEF) Garanti BBVA, part of the BBVA Group, achieved a record score of 85 in the 2024 S&P Global Corporate Sustainability Assessment (CSA), ranking 15th globally among 668 financial institutions. The bank’s commitment to sustainability includes a target to … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Turkey
Tagged 2024 S&P Global Assessment, Awards, BBVA, Garanti BBVA, leadership, Mahmut Akten, sustainability, Turkish Banking Sector
(IN BRIEF) Garanti BBVA, in partnership with TÜRKONFED, has launched the New Horizons in Twin Transformation project to help SMEs in Türkiye adopt green and digital practices, enhancing their competitiveness and sustainability. The initiative includes workshops and panels across … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Spain, Technology, Turkey
Tagged BBVA, Garanti BBVA, Hakan Urhan, Onur Ünlü, partnership, Sibel Kaya, SMEs, sustainability, TÜRKONFED, Twin Transformation
(IN BRIEF) Turkish steel manufacturer Borçelik has selected ANDRITZ to supply a versatile combi-line furnace for a new cold strip mill in Bursa. This advanced furnace will support both galvanizing and annealing operations, enhancing Borçelik’s production of automotive-grade steel. The … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology, Turkey
Tagged Andritz, Borçelik, Furnace Installation, partnership, steel production, Turkey
(IN BRIEF) Garanti BBVA Kripto has partnered with Ripple and IBM to advance its digital asset platform, enhancing security and performance for its users. Through these collaborations, Garanti BBVA Kripto aims to strengthen its infrastructure to meet rising demand for … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Spain, Technology, Turkey
Tagged Aaron Sears, BBVA, digital asset, Garanti BBVA, Garanti BBVA Kripto, IBM, Işıl Kılınç Gürtuna, Korcan Abalı, partnership, Ripple, SECURITY, Turkey, USA
(IN BRIEF) Garanti BBVA and WWF Türkiye have successfully completed three new projects as part of their ‘Türkiye’s Life: Fire Management Grant Program,’ launched to mitigate forest fire risks and support wildlife conservation. The projects included efforts to protect caracal … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, News, Security & Safety, Turkey
Tagged Forest Fire Prevention, Garanti BBVA, partnership, safety, sustainability, Wildlife Protection, WWF Türkiye
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $200 million loan to Turkish retailer A101 to support its sustainability efforts. The loan will help A101 reduce energy consumption, install solar panels, and expand its store … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Turkey, United Kingdom
Tagged A101, Dilara Sarı, EBRD, Osman Yilmaz, partnership, retail, sustainability, Turkey, Wojtek Boniaszczuk
(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Ceren Acer Kezik, Digital Vehicle Loans, Garanti BBVA, Türkiye
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, Borusan EnBW Enerji, EBRD, Germany, partnership, renewable energy, sustainability, Turkey
(IN BRIEF) Polat Enerji, a leading wind energy investor in Türkiye, has expanded its partnership with ENERCON by signing contracts to add 110.5 MW of capacity across three new wind farm projects. These projects, which include advanced wind turbines and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Arif Günyar, Enercon, Neşet Özgür Cireli, partnership, Polat Enerji, renewable energy, sustaianbaility, Turkey, Uli Schulze Südhoff, wind farm projects
(IN BRIEF) Garanti BBVA Mobile, Türkiye’s leading private-sector banking app, saw over 2.7 billion logins in the first half of 2024, reflecting its rapid growth and widespread use among over 15.5 million active users. The app’s extensive features and user-friendly … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Spain, Technology, Turkey
Tagged BBVA, digital banking, Garanti BBVA, mobile app, Murat Çağrı Süzer, partnership, sustainability, Türkiye
(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release
(IN BRIEF) PUMA has announced leadership changes to bolster its presence in the GCC and surrounding regions. Johan Kuhlo has been appointed as Managing Director for the GCC, overseeing key markets like the UAE and Saudi Arabia, effective September 1. … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Germany, Government, Industrial, Management, News, Sports, Technology, Turkey
Tagged appointments, Arne Freundt, GCC, Johan Kuhlo, leadership, Middle East, Peter Dangl, PUMA, Taner Seyis, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Türkiye’s Polinas Plastik to enhance the company’s green credentials through resource and energy efficiency upgrades, including a new production line for recyclable packaging … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey, United Kingdom
Tagged EBRD, Packaging Production, partnership, Polinas, sustainability, Turkey
(IN BRIEF) Mahmut Akten will become CEO of Garanti BBVA and BBVA Country Manager in Turkey, replacing Recep Baştuğ. The appointment is pending regulatory approval. BBVA has reorganized its global Client Solutions area, introducing new leadership for Commercial and Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain, Turkey
Tagged appointment, BBVA, CEO, Country Manager, David Puente, Garanti BBVA, Jaime Sáenz de Tejada, leadership, Mahmut Akten, Murat Kalkan, Onur Genç, partnership, Recep Baştuğ, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested up to US$ 90 million (€83 million) in Ulker Biskuvi Sanayi’s first sustainability-linked Eurobond, part of a larger US$ 550 million issuance. This funding will help Ulker, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Turkey, United Kingdom
Tagged EBRD, Erdem Yasar, Eurobond, investment, Mete Buyurgan, partnership, sustainability, Turkey, Ulker Biskuvi Sanayi
(IN BRIEF) Alstom has strengthened its rail capabilities in Türkiye by acquiring Duray Ulasim Sistemleri in Bursa and establishing an Advanced Industrial Center. The new facility, which employs over 200 people, will produce critical rail components and support Alstom’s global … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, Africa, Alstom, Bursa, Central Asia, Kerem Bugay, Middle East, Nazlı Zengin, partnership, rail systems, sustainability, Türkiye
(IN BRIEF) Thales has partnered with Turkish fintech leader Papara to launch the world’s first deployment of the SketchMyCard solution, allowing users to design personalized payment cards that showcase their creativity and individuality. This collaboration has led to increased card … Read the full press release
Posted in Banks, Financial, France, Security & Safety, Technology, Telecom, Turkey
Tagged advanced technologies, Africa, ASIA, Banking and Payment Services, Bio-sourced cards, card orders, eco-friendly card materials, Emre Kenci, financial freedom, hyper-personalization, individuality, INNOVATION, Middle East, Nassir GHROUS, Ocean Plastic®, Papara, personalized payment cards, SketchMyCard solution, Thales, Turkish fintech, user experience
(IN BRIEF) ANDRITZ has been selected by Turkish insulation felt manufacturer Şiteks to supply a complete needlepunch line for its Tekirdag facility. This investment will significantly increase Şiteks’ production capacity to meet global demand for needlepunched nonwoven insulation products in … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey
Tagged Andritz, needlepunch line, Oguz Sisman, partnership, Şiteks, sustainability, Turkey
(IN BRIEF) The Turkish water authority, Devlet Su İşleri (DSI), has chosen international technology group ANDRITZ to provide electro-mechanical equipment for the new 160 MW Silvan hydropower plant in Türkiye. ANDRITZ will supply turbines, generators, and associated equipment for the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey
Tagged Andritz, Devlet Su İşleri (DSI), Frank Mette, partnership, Renewable Energy Infrastructure, Silvan Hydropower Plant, sustainability, Turkey
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