Kardemir, Karabük Iron and Steel makes TL 102.6 million net profit in first half 2019

Kardemir, Karabük Iron and Steel makes TL 102.6 million net profit in first half 2019

Karabük Iron and Steel Factories (KARDEMIR) is reported to have made a profit of TL 102.6 million in the first half of this year has. It was announced by the company the second quarter of 2019 had been profitable as well. According to the company’s 6 month consolidated financial statements announced to the public sales revenues increased by More...

by BTT | Published 2 months ago
Tupras, Turkey’s petrochemical giant makes TL 495 million net profit in first half 2019
By BTT On Saturday, August 17th, 2019
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Tupras, Turkey’s petrochemical giant makes TL 495 million net profit in first half 2019

Tupras Petrochemical Company which is the largest in its sector in Turkey has announced that it increased its production by 11 percent to 6.9 million tons in second quarter of 2019, compared to the same period More...

Turksat of Turkey says industrial production in the country declines by 4 percent
By BTT On Tuesday, June 18th, 2019
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Turksat of Turkey says industrial production in the country declines by 4 percent

Based on information provided by TURKSTAT of Turkey, production in the country went down by 4 percent in April 2019, on an annual basis. Experts had expected a decline of 2.5 percent only. Monthly decline on the More...

New rule from Banking Regulation Agency of Turkey for purchase of foreign currency
By BTT On Tuesday, May 21st, 2019
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New rule from Banking Regulation Agency of Turkey for purchase of foreign currency

Turkey’s Banking Regulation and Supervision Agency (BRSA) introduced a new rule for foreign exchange buying and selling. This rule will be applicable to purchase of foreign currency equal to or over US$ 100 thousand. More...

By BTT On Monday, May 20th, 2019
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Based on sales from production TUPRAŞ ranks 1st among companies in Aegean region

Aegean Region Chamber of Commerce has announced 100 major companies based on “production from sales”. Like in the past years, TUPRAS ranked top of the list followed by PETKIM and IZMIR DEMIR CELIK (iron and More...

BP and SOCAR to invest US$ 1.8 billion for new petrochemicals plant in Turkey
By BTT On Sunday, April 28th, 2019
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BP and SOCAR to invest US$ 1.8 billion for new petrochemicals plant in Turkey

It is reported that BP and SOCAR, two global giants operating in the field of petrochemicals will start construction of a petrochemical plant in Turkey with a cost of US$ 1.8 billion at the end of 2020. Azeri state More...

By BTT On Saturday, April 27th, 2019
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Turkey targets to increase number of visiting tourists to 50 million in 2019

Turkey will make a Tourism Master Plan and targets to increase the number of tourists to 50 million and tourism revenues to US$ 35 billion in 2019, based on same plan. On the other hand the authority will use the More...

Turkey increases defense industry exports by 20 percent to over US$ 2 billion
By BTT On Friday, April 19th, 2019
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Turkey increases defense industry exports by 20 percent to over US$ 2 billion

Turkey has managed to accomplish substantial progress in defense industry in recent years. The country can now produce many high tech weapons and equipment such as unmanned air vehicles, modern tanks, various missiles More...

Turkey is gaining advantage over Far East Countries in clothing production
By BTT On Saturday, April 13th, 2019
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Turkey is gaining advantage over Far East Countries in clothing production

It seems that things are rapidly changing in the global clothing industry for several reasons, nowadays. For instance, the strong demand from the Western developed markets for the clothing industry in the past More...

Heavy commercial vehicle market contracts by 63 percent in Turkey
By BTT On Friday, April 12th, 2019
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Turkey’s heavy commercial vehicle market contracts by 63 percent

Heavy commercial vehicle sales in Turkey have decreased by 63 percent to 1,381 units in the first quarter of the current year. It is reported that the sector expects recovery in the second half. Based on data provided More...

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