ENKA Will Construct 112 Kilometers of Motorways in Serbia

Abroad   Highways   Company News

12/6/2019

ENKA-Bechtel JV has signed an agreement with the Serbian Government worth € 745 million for the design and construction works of Morava Corridor Motorway… President and Chairman of the Executive Committee of ENKA Mehmet Tara: “We will realize the Serbia project as the eighth project within the scope of works extending to 1000 km only in the Balkans. Innovation, engineering perfection, quality, health, safety and environmental principles which have been the guidelines of ENKA since its foundation are all behind this project”…

TÜSİAD Higher Advisory Council Meeting Held

Speeches   Conferances   Research

12/4/2019

TÜSİAD Chairman Simone Kaslowski: "Talking about a balancing in our economy, we should be aware of the fact that the ratio of our external debt to our gross domestic product is all-time-high 62%." TÜSİAD Higher Advisory Council Chairman Tuncay Özilhan: "Turkey is not rich in resources. We are not rich in natural resources, capital or skilled labor. For this reason, we should avoid spending scarce resources irresponsibly. We should use them most efficiently. We should leave every task to competent people. Spending should be transparent so that nobody can doubt that the money is used correctly and fairly. "...

$730-million Resource from International Banks to VakıfBank

Loans   Agreements

11/28/2019

VakıfBank has obtained $580 million of syndication loan including $239.5 million and €309.3 million. -It adds up to $730 million when the $150 million collected under project-guaranteed funding is included...

Debates on the 2020 Budget of the Ministry of Treasury and Finance at the Planning and Budget Commission (I)

Speeches   Parliament   Budget

11/27/2019

Treasury and Finance Minister Albayrak: “Structural changes will be put into life next year enhancing the coordination between fiscal and monetary policies continuing decisively to fiscal discipline aiming to utilize public funds and resources in a more efficient and prudent manner by constituting sustainable and lasting income resources – We will constitute a fiscal space eliminating unproductive expenditures – We will carry on with alternative models including public offerings in privatization practices”…

Alstom Foundation To Support 25 New Projects Around The World

Company News

10/25/2019

The Alstom Corporate Foundation has announced its final selection of projects for the 2019 cycle. One project is in Turkey.

Noteworthy Energy Sector Developments Abroad

Coal   HEPP   Abroad   Natural Gas   Nuclear   Other Renewables

10/18/2019

Developments abroad in Natural Gas, Oil, Renewable Energy and Nuclear Energy Sector...

Rail Industry Show 2020

Conferances   Railways   Research   Metro Projects

10/16/2019

The fair will be organized on April 14-16, 2020 at ETO-Tüyap Eskişehir Fair Center in Eskişehir...

8th Public Private Partnership (PPP) in Turkey Forum

Transfer of Operating Rights   Build-Rent   Conferances   Reudevans   Build-Operate-Transfer (BOT)

10/15/2019

8th PPP in Turkey Forum which will gather many competent persons and companies from public and private sector that have engaged in PPP projects of Turkey will be held at Sheraton Hotel in Ankara on November 13-14, 2019...

Financial Restructuring Process Is Starting for Large-scale Companies

Loans

10/14/2019

The Financial Restructuring Process (FRP) is starting for large-scale companies with a credit debt of 25 million TL and above to banks and financial organizations. Debtors who are resolved to have gone bankrupt will not be allowed to benefit from the FRP. The debtors that can be included in the FYY process may apply to one of the three creditors with the highest amount owed with a letter of application and undertaking in a format defined in the Framework Agreement with the other documents and information required by the process annexed thereto...