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Turkey: Companies
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TAI, Turkey's national aerospace company, has delivered more than 200 F-16 aircraft from its factory near Ankara under previous orders. The firm has produced several other types of aircraft ... extending the original capability established for the F-16 program.
HALIFAX and ISTANBUL, Turkey, Sept. 4 /PRNewswire-FirstCall/ - SolutionInc Limited STL, developer of award-winning Internet connectivity, billing and management software and services announced today that it has signed an agreement with TURCom Technology, an information and telecommunication solutions provider in Turkey. The companies will work together in partnership to provide SolutionInc's software and Internet provisioning solutions to the hospitality, tourism, travel and municipal sectors throughout Turkey.
In February 2004, Germany's STEAG, a subsidiary of RAG, announced that it had completed construction on a $1.5 billion, 1,210-MW, coal-fired power plant near Iskenderun, in southern Turkey. The plant, which represents the largest foreign direct investment ever by a German company in Turkey, is expected to burn 3.3 million metric tons of imported coal per year. Aside from this large coal-fired facility, Turkey is mainly focused on increased natural gas use for thermal electric power production. In September 2002, two new combined cycle gas-fired power plants (the 770-MW Adapazari and 1,540-MW Gebze facilities) came online, ahead of schedule. A third, 1,525-MW, gas-fired plant was scheduled to come online in December 2002 at Izmir. Finally, Tractebel is scheduled to complete a 763-MW gas-fired plant at Baymina, near Ankara, by late 2003.
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The partnership with Desa is designed to strengthen Samsonite's market presence in Turkey, Azerbaijan, Armenia, Syria and Georgia. By expanding its presence in these countries, Samsonite sets the stage for continued expansion in the region. The signed agreement between Desa and Samsonite allows the new company to retail, distribute and manufacture travel goods.
AIG Capital Partners has been an active investor in Turkey since 1999 and has financed companies in the media, entertainment, and financial services sectors. As a member company of AIG Global Investment Group, it is a leading private equity investor in emerging markets. With 100 investment
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