Icreasing interest by the foreign investors in the turkish companies
Added: (Mon Dec 11 2006)
Pressbox (Press Release) -
Foreign investors are showing a considerable interest in capital ventures in Turkey's non-financial sector. Positive developments in the economy and success of the programs implemented by the International Monetary Fund (IMF) and the safety deriving from Turkey's European Union process, have all contributed to trust in the Turkish market. As a result Turkish companies have been increasingly partnering and conducting transactions with big foreign companies.
Koç Group ( one of the giants in Turkey) recently sold its Izocam and Döktaş divisions to foreign investors. The stock Market in Istanbul publicly held that corporation Idas has a foreign suitor in European bed manufacturer Hilding. Food producer Penguen Gıda and Turkey's biggest seamless apparel producer Metemteks, have also signed partnership contacts with foreign investors.
These are the very visible examples showing the increasing interest by the foreign investors in the turkish companies.
Sinan Tortum
Tour Guide in Turkey