Tag: Turkey

European Bank EBRD invests USD82 million in Turkey’s Sok
Global

European Bank EBRD invests USD82 million in Turkey’s Sok

The European Bank for Reconstruction and Development (EBRD) said it has invested USD82 million in a minority stake in Sok Marketler, a fast-growing Turkish discount grocer. The move supports one of the largest initial public offerings (IPO) on Borsa İstanbul, Turkey’s sole stock exchange. Sok operates small-format one-stop shops that […]

Turkey tips Airbus on winning satellite contract
Tech

Turkey tips Airbus on winning satellite contract

Airbus might have sealed its place to handle the development of Turkish satellites. According to Transport Minister Ahmet Arslan. Turkey continues to negotiate with Airbus on the planned Turksat 5A and 5B satellites, and aims to sign an agreement in October, Arslan said in a television interview with state-owned Anadolu […]