Price can be high in the beginning but incentives to be offered Turkey to start offering “green only” energy tariff starting from from, said Fatih Dönmez, Energy and Natural Resources Minister. Electricity consumers interested in purchasing clean, renewable energy would be able to use it. […]
Month: July 2020
Turkey to keep manufacturing F-35 parts until 2022: Pentagon
Turkish manufacturers are involved in building some 937 parts for the F-35, according to Pentagon Turkey to continue manufacturing parts for F-35 fighter jets until 2022, U.S. defense officials said, according to Daily Sabah. It is the U.S. Defense Department’s first official confirmation since […]
Turkish VCs line up for gaming startups
Zynga’s acquisition of Peak for $1.8 bio turned attention to Turkish gaming startups Last month’s exit of Peak turned the attention of local and foreign venture capitalists (VC) to Turkey, according to Daily Sabah. Sina Afra, Chairman of Entrepreneurship Foundation (GIRVAK) said that they were […]
TÜPRAŞ ranks first Turkey’s Fortune 500 list
The 500 companies’ share in Turkey’s GDP was 46.2% in 2019, remaining stable compared to 2018 Turkey’s major oil company TÜPRAŞ topped Fortune magazine’s top 500 Turkish companies list in net sales. TÜPRAŞ’s revenues were 89.6 billion Turkish liras ($13 billion) in 2019, up 1.2% versus […]
Turkey’s 1st integrated solar panel manufacturing to launch in August
It will be the first integrated solar panel manufacturing facility in Europe and the Middle East with an annual solar panel production capacity of 500 megawatts Turkey’s first integrated solar panel manufacturing facility is scheduled to open in August in the Ankara industrial zone, according […]
Apple Turkey increases prices up to 30% on almost every product
Price hikes are valid as of July 1 and iPhone SE is the only product that keeps the same price Apple Turkey increased prices up to 30% almost on every product, according to Daily Sabah. Price hikes are valid by July 1. iPhone 11 Pro […]
Introducing Turkish tech journalists: Fatih Sarı
A career of 22 years is now going on with two websites and a content agency Fatih Sarı started journalism in 1998 and wrote his first article with a typewriter. “…if you have a flagship smartphone, you can take photos, shoot videos and even record […]
52,000 new motor vehicles registered in May in Turkey
New motor vehicle registrations last month fell 9.8% on a yearly basis Turkey registered 52,080 new motor vehicles in May, according to Turkish Statistical Institute (TÜİK). The country’s statistical authority said the number of new motor vehicle registrations last month fell 9.8% on a yearly […]
Turkish company to manufacture drone cargo aircraft
TAI is ready to manufacture a drone cargo plane for Turkish armed forces Turkish Aerospace Industries Inc. (TAI) to manufacture drone cargo aircraft, according to Anadolu Agency. Ismail Demir, the head of Turkey’s Defence Presidency (SSB), tweeted on last week that TAI to manufacture the […]
Introducing VCs in Turkey: 212
212 is aiming the second fund and planning to invest in up to 15 startups. 212’s Ali Karabey shared their plans and criteria for the investments As one of the first VCs in Turkey, 212 saw the potential for entrepreneurial and technical talent in the […]