(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) reported a record investment of €2.48 billion in Turkey for 2023, marking a significant increase from previous years. The EBRD’s commitment to supporting Turkey’s private sector and green transition remained … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) announced a significant milestone by delivering a record €13.1 billion in investments in 2023, marking a year of achievements and challenges. The bank reported record levels of investments, green financing, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Turkey, Ukraine, United Kingdom
Tagged Crisis Response, EBRD, green economy, investments, Odile Renaud-Basso, partnership, sustainability, Turkey, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with Türkiye Sinai Kalkinma Bankasi (TSKB), a development bank, to support Kutes, a prominent Turkish metal casting company, in its shift toward sustainable energy practices. TSKB is providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Small Business, Turkey, United Kingdom
Tagged EBRD, Kutes, partnership, SMEs, sustainability, sustainable energy, Turkey, Türkiye Sınai Kalkınma Bankası (TSKB)
(IN BRIEF) Garanti BBVA has revealed its dedication to supporting renewable energy initiatives with a €36.1 million financing agreement for the Işıklar Wind Power Plant, facilitated through BBVA’s Turkish unit in partnership with Dost Enerji. The wind power project will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Dost Enerji, Garanti BBVA, Işıklar Wind Power Plant, Mahmut Akten, partnership, Renewable Energy Expansion, sustainability, Turkey
(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) 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 €25 million loan to Ak Finansal Kiralama (AKLease) in Turkey. This loan, part of the EBRD’s Green Economy Financing Facility (GEFF), is aimed at supporting green and … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged AKLease, EBRD, GEFF, green investments, partnership, sustainability, Turkey
(IN BRIEF) ESET Research has conducted an analysis of the Spacecolon toolset, which is utilized to deploy Scarab ransomware variants globally. The toolset is believed to be of Turkish origin and is operated by a group named CosmicBeetle. Spacecolon’s primary … Read the full press release
Posted in Business, Czech Republic, Industrial, Management, News, Security & Safety, Slovakia, Technology
Tagged CosmicBeetle Group, data theft, ESET, Jakub Souček, Ransomware Deployment, Spacecolon Toolset, Turkey
(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) is providing a loan of US$110 million to QNB Finansbank in Turkey. The loan is part of the EBRD’s Türkiye Disaster Response Framework, launched after the devastating earthquakes in February. … Read the full press release
Posted in Banks, Business, Financial, Industrial, Management, News, United Kingdom
Tagged Arthur Poghosyan, disaster, EBRD, loan, partnership, Post-Earthquake Recovery, QNB Finansbank, Turkey, Yeliz Ataay Arıkök
(IN BRIEF) ANDRITZ has received an order from Turkish nonwoven manufacturer Teknomelt to provide a complete neXline wetlace line for the production of nonwoven roll goods for biodegradable, plastic-free wet wipes. The state-of-the-art line combines spunlace and wetlaid technologies, allowing … Read the full press release
(IN BRIEF) Dutch development bank FMO, along with French development finance institution Proparco and SDG-focused emerging market credit fund ILX Fund, has provided a €60m ($71.6m) syndicated loan to Turkey’s Kılıç Deniz, a leading aquaculture player. The funds will be … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Management, Netherlands, News
Tagged aquaculture, FMO, Hakan Uyanık, ILX Fund, Kılıç Deniz, Pieternel Boogaard, Proparco, Scarlett Carré de Malberg, syndicated loan, Turkey
(IN BRIEF) Swissport is collaborating with international aid organizations and Turkish Airlines to provide air cargo logistics in support of victims affected by the February earthquake in Turkey and Syria. The company is providing ongoing support, recognizing that long-term action … Read the full press release
(NOTICIA EN BREVE) El Grupo Orange ha anunciado medidas para apoyar a los afectados por los recientes terremotos en Turquía. La empresa ofrece llamadas y SMS gratuitos a Turquía y Siria, así como itinerancia gratuita para los trabajadores de rescate … Read the full press release
Posted in France, Management, Non Profit, Society, Turkey
Tagged earthquakes, free calls to Syria, free calls to Turkey, Grupo Orange, llamadas gratis a Siria, llamadas gratis a Turquía, mobile phone, Orange Group, rescue workers, roaming free, roaming gratis, Siria, SYRIA, teléfono móvil, terremotos, trabajadores de rescate, Turkey, Turquía
(IN BRIEF) The Orange Group has announced measures to support those affected by the recent earthquakes in Turkey. The company is providing free calls and SMS to Turkey and Syria, as well as free roaming for rescue workers in affected … Read the full press release
Posted in France, Management, Non Profit, Society, Turkey
Tagged earthquakes, free calls to Syria, free calls to Turkey, mobile phone, Orange Group, rescue workers, roaming free, SYRIA, Turkey
(PRESS RELEASE) GENEVA, 22-Dec-2022 — /EuropaWire/ — SGS, the world’s leading testing, inspection and certification company, has announced that its facility in Hadımköy (Istanbul) earned the Authorized Consignor status from the Turkish Ministry of Customs and Trade. The newly earned … Read the full press release
US$ 50 million EBRD loan to one of Turkey’s leading producers of edible oils EBRD and Bunge to collaborate in supporting women farmers through a training academy Academy will teach climate-smart farming techniques (PRESS RELEASE) LONDON, 8-Mar-2022 — /EuropaWire/ — … Read the full press release
Posted in Agriculture, Banks, Business, Financial, Investment, Turkey, United Kingdom
Tagged agro-techniques, Ayvalık, Bunge, cereals, certified organic olive, cooking oils, crushes, EBRD, edible oils, Jürgen Rigterink, Kırlangıç, Komili, loan, oilseeds, olive oil, olive supply chain, olive tree cultivation, protein products, refines, Rob Coviello, Sezai Ömer Madra, sunflower oil, Thrace, Turkey, women farmers
(PRESS RELEASE) THE HAGUE, 17-Jan-2022 — /EuropaWire/ — FMO, the Dutch entrepreneurial development bank, has announced its financial support to the agricultural sector across the Anatolian region in Turkey with the loan of EUR 30 million provided to Turkish Sekerbank. … Read the full press release
Posted in Agriculture, Banks, Financial, Netherlands, News, Turkey
Tagged agricultural, agricultural supply chain, FMO, loan, Monica Beek, rural SMEs, Sekerbank, sugar beet cooperati, Turkey
Voith supplied the entire production line for high-quality board and packaging papers. With the help of leading Voith technologies, the high-performance line will produce up to 700,000 tons of board and packaging papers annually. The efficient PM 2 is characterized … Read the full press release
Posted in Germany, Industrial, News, Technology, Turkey
Tagged automation, board, Combi DuoRun, drying cylinders, EvoDry, Kai Bestian, Kipaş Kağıt, MasterJet headboxes, Naomi Keitel, packaging papers, paper production, PM 2, Söke, Turkey, VariFlex, Voith
Building resilience of the Turkish economy (PRESS RELEASE) LONDON, 19-Feb-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has provided US$ 100 million in new funds to Denizbank A.S. for on-lending to local businesses … Read the full press release
Posted in Banks, Business, Environment, Financial, Infrastructure & Utilities, Investment, News, Small Business, Technology, Turkey, United Kingdom
Tagged COVID-19, Credit Suisse, Denizbank A.S., Diversified Payment Rights programme, DPR programme, DPR securitisation programmes, EBRD, Emirates NBD Bank, financing, funding, green investments, Hakan Ateş, International Finance Corporation, investment, Jürgen Rigterink, NBD Bank, pandemic, securitisation, The European Bank for Reconstruction and Development, Turkey, Turkish banks, Turkish Credit Guarantee Fund, Turkish economy, women-led businesses
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