Koç family
Bucharest to buy 400 buses from Turkish company
Turkey’s Otokar has stated that its Europe unit has won a contract to supply the Romanian capital with 400 buses in a deal worth 98.3 million euros.
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Turkish firm sold nearly 50,000 tractors in 2017
TürkTraktör, a joint-venture between the Turkish industrial conglomerate Koç Holding and CNHI, reached nearly 50,000 unit sales in 2017 and raised its market share to 49.3 percent, the company’s chief executive has announced.
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Cats to meow in Istanbul’s Pera Film
A year ago Pera Museum’s permanent film space Pera Film presented heart-warming stories about dogs with “Tales of Tails: Dogs on Screen.” This time its new program for the New Year pays tribute to one of the most intriguing and mystical creatures of all: cats.
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Yapı Kredi CEO Açıkalın to resign from post on Dec 29
Turkey’s Yapı Kredi Bank has announced its chief executive officer, Faik Açıkalın, will willingly retire from his position on Dec. 29 and applied to Turkey’s banking watchdog to appoint Gökhan Erün as the new CEO.
Turkish MIT economist Daron Acemoğlu receives science medal in Istanbul
Leading MIT Professor Daron Acemoğlu has received the “2017 Rahmi M. Koç Medal of Science” for his “distinguished contributions to the economic realm globally,” according to Koç University, which presented him with the award on Nov. 22.
Otokar submits proposal for mass production of Altay tank
Koç Holding’s Otokar has said it has submitted a proposal to Turkey’s defense authorities to bid in a tender for the mass production of the country’s indigenous battle tank Altay.
Defense giant Aselsan becomes most valuable company listed on Istanbul bourse
Defense giant Aselsan, 85 percent of which is owned by the Turkish Armed Forces Foundation, became the most valuable company listed on the Istanbul main stock exchange (BIST) on Nov. 14, surpassing Garanti Bank and Koç Holding early.
Turkey Arrests 4 People Over Explosion at Tupras Refinery
Turkish authorities arrested four people over Wednesday's explosion in a storage tank at a Tupras refinery which killed four people, the state-run Anadolu news agency said on Saturday, Reuters reports.
Turkey Detains 7 People Over Explosion at Tupras Refinery
Turkish authorities have detained seven people over Wednesday's explosion in a storage tank at a Tupras refinery which killed four people, broadcaster NTV said on Thursday, Reuters reported.
The explosion occurred following maintenance work at the company's refinery in the western Turkish province of Izmir, but had no impact on production.
4 Workers Were Killed and 2 Others Were Wounded in an Explosion at Refinery in Turkey
Four workers were killed and two others were wounded in an explosion at the TÜPRAŞ Aliağa Refinery in Turkey's western Izmir province on Wednesday, District Governor Bayram Yılmaz said, Daily Sabah writes.