Music
anasayfa
Homepage
contact  
   
 
 
 
   
Google
   
   
    
 
 

 
 
 
 
 
 
 
 

Istanbul becomes management hub

Istanbul becomes management hub
Monday, December 17, 2007

Many foreign companies have declared Turkey a base to reach Turkic Republics, the Middle East, Africa and Balkans. And these companies say they are satisfied with the decision they have made and they find Turkey’s human resources qualified

NECLA YILMAZ
ISTANBUL – Referans


 Turkey's young population and central location have made it a popular base for international companies looking to do business on three continents.

    While the government hopes to turn Istanbul into an international financial center, the city has already become regional headquarters to a slew of foreign firms eyeing markets as far afield as Russia, the Balkans, the Turkic Republics, the Middle East and North Africa.

 “There is a considerable increase in the number of the international companies that have made Turkey their regional base,” said Mustafa Alper, secretary general of the International Investors Association (YASED). “Almost all of the world's biggest 500 companies have offices in Turkey.”

  Alper expects hard numbers on this trend, gleaned from a member survey, to be available around the New Year, he said.

 Consumer products giant Proctor & Gamble (P&G) moved to Istanbul more than a decade ago. The city serves as headquarters for operations in Turkey, the Caucasus, the Central Asian republics, and, since last year, Israel.

 “It excites us to manage a dynamic, ever-growing market with a strong crew,” Hayrünnisa Aligil, foreign relations director for Procter and Gamble (P&G) Turkey, recently told the business daily Referans.

 Valued at $11 billion, P&G now operates in 23 countries,

  Benetton, which entered Turkey in 1985 as the country's first international ready-to-wear company, uses the country as a base for doing business in Turkmenistan, Georgia, Uzbekistan, Tajikistan and Kyrgyzstan. Its Istanbul office also supplies products to all the Middle East.

 “We are located at a key point geographically and have a young, disciplined, professional corporate team,” said Benetton Turkey Managing Director Zeynep Selgur.  “That has made us into a regional base.”

 Conglomerate BASF – which boasts chemical, plastics, agricultural and several other sectors – in 2005 joined its Turkish headquarters and Dubai branches here under the roof of Business Center Turkey, Middle East & North Africa. The country's motivated, skilled and efficient work force influenced the company's decision to strike roots in Istanbul, as did Turkey's dynamic market, offering high growth potential in many sectors, said BASF CEO Gerhard W. Schwarz.

 BSH, which has become Turkey's largest foreign-held appliance firm, has managed its Middle East and Caucasus sales, marketing and post-sale services from Turkey since 1999.

 “BHS is constantly investing in Turkey, increasing employment and exporting half of our production,” said company CEO Norbert Klein.

 Unilever's Turkish holdings, valued at YTL 100 million, are indicators of its faith in the Turkish economy, said local company spokesman Ebru Şenel Erim. The Istanbul office's vast market ranges from Iran, Kazakhstan, Uzbekistan, Turkmenistan, Armenia, Georgia, Tajikistan and Azerbaijan in the East to Macedonia, Albania, Moldova, Romania, Kosovo and Bosnia in the West.

   International transport and logistics company DHL Express has been operating in Turkey since 1981. The company, which also has holdings in the textile, automotive, banking and high technology sectors, intends to make Turkey a regional hub in the upcoming years, in keeping with business growth.


 

.....
Top


 

South East Europe and Balkans
 
Focus Daily News
 
 
 
 
 
 
Events
March, 2024
SunMonTueWedThrFriSat
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31
 
Weather
 
 
 
Copyright Aralık 2002 © balkanpazar.org
tasarım ve uygulama Artgrafi.net