Import Export Business Opportunity (0)

Import Export Business Opportunity

Yes, the import export business is an opportunity. However, the import export business opportunity is far removed from the hundreds or even thousands of what I refer to as “junk” business opportunities that you will find advertised on and off the Internet.

Etiketler: business, export, exports of turkey, import, import and export business opportunity, opportunity

Natural resources of Turkey (1)

Minerals

Turkey ranks tenth in the world in terms of the diversity of minerals produced in the country. Around 60 different minerals are currently produced in Turkey. The richest mineral deposits in the country are boron salts and Turkey’s reserves amount to 72% of the world’s total. According to the CIA World Factbook, other natural resources include coal, iron ore, copper, chromium, uranium, antimony, mercury, gold, barite, borate, celestine (strontium), emery, feldspar, limestone, magnesite, marble, perlite, pumice, pyrites (sulfur), clay, arable land, hydropower, and geothermal power.

Etiketler: natural, resources of turkey

External trade and investment (0)

Turkey is one of the largest sources of foreign direct investment in central and eastern Europe and the CIS, with more than $1.5 billion invested in these countries. 32% has been invested in Russia, primarily in the natural resources and construction sector, and 46% in Turkey’s Black Sea neighbours, Bulgaria and Romania. Turkish companies also have sizable FDI stocks in Poland, at about $100 million.

Etiketler: exports of turkey, external trade, investments of turkey

Largest companies in Turkey (0)

World Rank Company Industry Revenue
(billion $) Profits
(billion $) Assets
(billion $) Market Value
(billion $)

371 Türkiye İş Bankası Banking 12.53 1.26 61.19 12.89
384 Akbank Banking 8.17 1.56 61.54 16.26
405 Garanti Bankası Banking 8.13 1.85 65.48 12.69
639 Koç Holding Conglomerate 34.84 0.40 40.12 6.69
690 Sabancı Holding Conglomerate 11.95 0.35 47.60 8.27
879 Turkcell Telecommunications 4.75 0.90 5.95 22.03
893 Halk Bankası Banking 3.52 0.61 24.51 8.07
909 VakıfBank Banking 4.23 0.57 27.35 5.96
990 Tüpraş Oil and gas 14.19 0.58 4.93 6.48
1185 Enka İnşaat Construction 4.06 0.41 5.38 13.85 Etiketler: largest companies in turkey

Financial sector in Turkey (0)

The Central Bank of the Republic of Turkey (Türkiye Cumhuriyet Merkez Bankası) was founded in 1930, as a privileged joint-stock company. It possesses the sole right to issue notes. It also has the obligation to provide for the monetary requirements of the state agricultural and commercial enterprises. All foreign exchange transfers are exclusively handled by the central bank. The bank has 25 domestic branches, as well as branches in New York, London, Frankfurt, and Zurich.

Etiketler: agricultural sector, effect of the global financial crisis, finacial sector, in turkey, turkey

Tourism sector (0)

Tourism is one of the most dynamic and fastest developing sectors in Turkey. According to travel agencies TUI AG and Thomas Cook, 11 of the 100 best hotels of the world are located in Turkey.[36] In 2005, there were 24,124,501 visitors to the country, who contributed $18.2 billion to Turkey's revenues, with an average
Etiketler: in turkey, toursim sector

Communications in Turkey (0)

The telecommunications liberalisation process started in 2004 after the creation of the Telecommunication Authority, and is still ongoing. Private sector companies operate in mobile telephony, long distance telephony and Internet access. There were 19 million fixed phone lines, 36 million mobile phones, and 12 million Internet users by the August, 2005.

Etiketler: in turkey, telecom, telecominications