Conexio consulting

ECONOMIC IMPACT OF CORONAVIRUS IN TURKISH ECONOMY

According to data from the Turkish Statistical Institute, Turkey’s gross domestic product (GDP) grew 4.5 percent in the first quarter of the year. The value of the first quarter GDP was 176 billion 146 million at current prices in US dollars. Consumer spending by credit card can be tracked weekly, decreased by 36.6 percent compared […]

TRADE MINISTER OF TURKEY EMPHASIZED THE IMPORTANCE OF THREE MAIN SECTORS

Trade Minister Ruhsar Pekcan joined by video conference method to the meeting with the chairmen of 365 chambers, stocks and 61 sectors and Turkey Union of Chambers and Commodity Exchanges (TOBB) President Rifat Hisarcıklıoğlu. Minister Pekcan, in her speech at the meeting, in Covid-19 outbreak of the process, all the ministries in Prime Minister Recep […]

EUROPE STARTS LOOSEN MEASURES AGAINST COVID19

After this week, Germany, Belgium, the Netherlands, Austria and Switzerland started making moves for “normalization”. Businesses, shops, schools will be gradually opened. Since March 20 in Spain, the lowest mortality rate has occurred in a day. As a result of 288 more deaths in the country in the last 24 hours, the number of dead […]

LEATHER SECTOR EXPORT OPPORTUNITY TO SOUTH KOREA

Erkan Zandar, Chairman of the Board of Aegean Leather and Leather Products Exporters Association, said that the first goal in the export of leather products to the Far East market is to increase the export of fur and leather garments to South Korea. Zandar, said that, Turkey who has one of the leading capacities in […]

Order of Civil Merit of the Kingdom of Spain to the Honorary Consul of Spain in Antalya

Foreign Minister Mevlüt Çavuşoğlu attended the ceremony Order of Civil Merit and Medal Ceremony to Hasan Akıncıoğlu, Honorary Consul of Spain of Antalya. In addition to Minister Çavuşoğlu, Antalya Governor Münir Karaloğlu, Mayor of Antalya Metropolitan Municipality Muhittin Böcek, Spanish ambassador Gonzalez Barba and many guests attended the ceremony. The ceremony was held at the […]

ESTABLISHING COMPANIES IN TURKEY: SOME STATICS

Foreigners who invest directly can benefit equally from the opportunities provided to domestic investors. Direct investment is made by establishing a company, opening a branch and being a partner for a current company in Turkey. On the other hand, there is no incentive for foreign investors in indirect investments made by buying stocks or bonds. […]

TURKISH CEMENT SECTOR SUCCESS

The Turkish cement sector, which ranks first in Europe and fourth in the world, aims to double its exports this year. The cement sector, which exports to approximately 100 countries, including the USA, Ghana and Israel, generated 9.1 million tons of exports and generated revenues of $ 417 million in the January-August period of 2018. […]

TURKEY-UKRAINE ENERGY SECTOR PARTNERSHIP

Şevki Acuner, Chairman of the Board of Directors of Ukrenergo, the Ukrainian state energy transmission company, stated that Turkish companies would be successful if they enter the energy market in Ukraine, and said ” Turkish companies can take a huge share from the tenders to be made by Ukrenergo, which will realize $ 3 billion […]

TURKISH COMPANIES IN UKRAINE

There are around 600 Turkish companies in Ukraine. They mainly operate in clothing retail, telecommunications, aviation, logistics, construction, wood products and food. However, in contrast to our investments in some other countries, Turkish companies are not clustered in only a few sectors and they exist in different sectors such as machinery, health, energy and cosmetics […]

RESULTS OF THE YEKA 2 WIND TENDERS

Enerjisa won the 250 MW Çanakkale Region YEKA Wind Energy Plant-2 tender with the lowest bid, 3.67 cents per kWh. Enerjisa also won the 250 MW Aydın region of YEKA -2 tender. Wind power plant capacity allocation auctions opened by Turkey Electricity Transmission Co. (TEIAS), and was held under the chairmanship of the commission of […]