Industries

Multinational companies including Amazon, Marriott and Hilton pledged yesterday to hire more than 13,000 refugees, including Ukrainian women who have fled the war with Russia, over the next three years in Europe.

Bosch Rexroth, a Slovenian company that is part of the eponymous German group, has launched a new commercial and production facility near Ljubljana airport. Employees from the company's three locations will now move there, and at least 123 new jobs will be created as production is expanded.

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic met with Asian Infrastructure Investment Bank (AIIB) Vice President Konstantin Limitovskiy on Friday and noted that 15 bln euros must be invested in the Serbian energy sector over the next 10 years.

In a speech he gave following his victory in the historic May 28 election, President Recep Tayyip Erdoğan has pledged that a system that aims at lowering costs in the agriculture sector, increasing growers' income and boosting consumers' access to agricultural produce will be created.

Greece's Grid Telecom and Tamares Telecom have agreed to build an undersea fiber-optic telecoms cable to connect Cyprus and Israel to Greece, the two companies said on Thursday.

The project has been dubbed Andromeda.

The United States on Tuesday announced charges in five cases involving alleged efforts to steal technology to benefit China, Russia and Iran including a former Apple Inc engineer accused of targeting the company's technology on autonomous systems, including self-driving cars, and then fleeing to China.

The Culture and Tourism Ministry has restored the 140-year Alsancak Tekel (Monopoly) Factory in İzmir and transformed it into the İzmir Culture and Art Factory, which has recently become one of the popular destinations for residents.

Intracom Defense (IDE), a subsidiary of the Intracom Holdings group, signed a deal to sell 90.91% of its shares to Israel Aerospace Industries (IAI) in Athens on Tuesday, a statement by the Israeli company said.

The deal is valued at nearly 60 million euros and is expected to be completed by the second quarter of 2023, pending the fulfilling of terms and the necessary approvals.

Turkish Airlines has reported that its net income increased by nearly 45 percent year-on-year in the first quarter of 2023 to $233 million.

Total revenues of the flag carrier amounted to $4.35 billion in the January-March period, pointing to a healthy 43 percent increase from a year ago.

Unilever is at its absolute best in some of the countries in the world, and Türkiye is in a very elite club, says Alan Jope, the CEO of the consumer goods giant.

"We love our business in the emerging markets, and we particularly love our business in Türkiye," Jope said.