(IN BRIEF) The European Investment Bank (EIB) and the European Commission have announced a new agreement that will triple the EIB’s advisory assistance for the Western Balkans and potentially Turkey under the JASPERS program. This agreement includes the largest-ever budget … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Turkey
Tagged Advisory Assistance, EIB, European Commission, partnership, sustainability, Turkey, Western Balkans
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending $100 million in financing to Türkiye İş Bankası (İşbank), Türkiye’s largest private bank, to support earthquake recovery efforts in the south-eastern region of Türkiye and empower women-led small … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Turkey, United Kingdom
Tagged Dariga Haynes, disaster, Earthquake Recovery, EBRD, Gamze Yalçın, Işbank, leadership, partnership, SMEs, sustainability, Türkiye, WOMEN
(IN BRIEF) DHL Group has successfully finalized its acquisition of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, following approvals from the Turkish Competition Authority and the Turkish Information and Communications Technologies Authority. MNG Kargo, a … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Retail, Technology, Transportation & Logistics, Turkey
Tagged acquisition, DHL Group, E-Commerce, logistics, MNG Kargo, Pablo Ciano, partnership, sustainability
(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release
Posted in Awards, Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Awards, construction, contractors, Erman Ilıcak, Europe, investment, İpek Ilıcak Kayaalp, Rönesans Group
(IN BRIEF) E.ON, the energy company based in Essen, along with contributions from its employees, is financing the construction of a primary school in Hatay, Turkey, which was severely affected by earthquakes in February 2023. Following the earthquakes, E.ON initiated … Read the full press release
Posted in Business, Construction, Education, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Non Profit, Turkey
Tagged construction, E.ON, Earthquake-Hit, Employees, EnerjiSA, fundraising, Hatay, Murat Pinar, partnership, Sabanci, school, sustainability, Turkey, Victoria Ossadnik
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €22 million long-term loan to Kervan Gıda Sanayi ve Ticaret A.Ş, a major Turkish jelly sweets exporter. The funds will support the expansion of jelly and liquorice … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Investment, Turkey, United Kingdom
Tagged Burhan Başar, EBRD, jelly, jelly sweets, Kervan Gıda, liquorice, loan, Natalia Zhukova, solar panels, waste water treatment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a US$ 109 million loan to Turkiye İş Bankası (İşbank), the largest private bank in Türkiye, to aid businesses and individuals affected by the devastating earthquakes that hit … Read the full press release
Posted in Banks, Business, Financial, Small Business, Turkey
Tagged Arthur Poghosyan, earthquakes, EBRD, Gamze Yalçın, İşbank, Türkiye, Türkiye Disaster Response Framework, Turkiye İş Bankası
(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, DHL Group, E-Commerce, MNG Kargo, Pablo Ciano, partnership, Tobias Meyer, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to US$90 million to Akbank in Türkiye as part of the Türkiye Disaster Response Framework. The loan will assist businesses and individuals affected by … Read the full press release
Posted in Banks, Financial, Infrastructure & Utilities, Turkey, United Kingdom
Tagged Akbank, earthquakes, EBRD, Francis Malige, Levent Çelebioğlu, loan, Türkiye, Türkiye Disaster Response Framework
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched a program to modernize Türkiye’s maritime sector and promote green investments and climate mitigation technologies. Developed in collaboration with the Turkish Ministry of Transport and Infrastructure and the … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Investment, Turkey
Tagged climate mitigation, EBRD, EU, European Union, green investments, low-carbon economy, maritime, Nikolaus Meyer Landrut, Sue Barrett, The Maritime Decarbonisation and Green Shipping Programme, Türkiye
(IN BRIEF) Garanti BBVA, Turkey’s second-largest private bank and a subsidiary of BBVA, proudly announces that its CEO, Recep Baştuğ, has been ranked fourth in Fast Company Turkey’s Top 50 Sustainability Leaders list. This recognition highlights Baştuğ’s exceptional commitment to … Read the full press release
(IN BRIEF) KEAS, the largest wood panel producer in Türkiye, has successfully started operations of its new fiber preparation line for Medium Density Fiberboard (MDF) production at its Balikesir mill. Supplied by ANDRITZ, the line has a capacity of 60 … Read the full press release
(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release
Posted in Banks, Financial, Investment, Small Business, Turkey, United Kingdom
Tagged Arthur Poghosyan, DenizBank, earthquake response, EBRD, green investments, Hakan Ateş, Türkiye, women-led businesses
(IN BRIEF) EBRD has approved a loan of US$110 million to Enerjisa Uretim in Türkiye to support the expansion of their wind power portfolio. Enerjisa Uretim’s projects will reduce CO2 emissions by 52,000 tonnes annually and promote employment opportunities for … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a loan of €25 million to Mav Elektrik, a Turkish energy company, to replace loans that funded the construction of the Arikcayiri biomass power plant. The plant is … Read the full press release
(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBWE) hat der Türk Ekonomi Bankası A.Ş. (TEB), um die finanziellen Möglichkeiten für von Frauen geführte kleine und mittlere Unternehmen (KMU) in Türkiye zu erweitern. Dieses Darlehen ist Teil des EBWE-Programms … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million loan to Türk Ekonomi Bankası A.Ş. (TEB) to expand financial opportunities for women-led small and medium-sized enterprises (SMEs) in Türkiye. This loan is part of … Read the full press release
Posted in Banks, Financial, Small Business, Turkey, United Kingdom
Tagged EBRD, gender equality, loan, SMEs, TEB, Türk Ekonomi Bankası A.Ş., Türkiye, Türkiye Women in Business II, TurWiB, TurWiB II, women-led SMEs
(NOTICIA EN BREVE) The El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) y Citi se han asociado para implementar un programa de financiación de la cadena de suministro sostenible para la empresa finlandesa de tecnología y servicios Metso … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Citi have partnered to implement a sustainable supply chain finance program for Finnish technology and services company Metso Outotec and its suppliers in Türkiye, the majority of which are … Read the full press release
Posted in Banks, Business, Financial, Finland, Investment, Small Business, Turkey, United Kingdom
Tagged Arvid Tuerkner, Chris Cox, Citi, EBRD, Marius Verwoerd, Metso Outotec, SMEs, sustainable supply chain, Türkiye-EBRD Cooperation Fund
(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBRD) hat Tam Finans Factoring A.S., einem Factoring-Unternehmen in Türkiye, im Rahmen ihres Handelserleichterungsprogramms (TFP) eine Factoring-Fazilität in Höhe von 10 Millionen Euro zur Verfügung gestellt. Ziel der Fazilität ist die … Read the full press release
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