Procurement

Changes to public procurement act in the making

Ljubljana – The government has drafted changes to the public procurement act that expand the definition of low-value contracts, and under which contacts valued at over EUR 10,000 would be published exclusively on the public procurement portal. The changes also look to soften the rules for the exclusion of bidders with outstanding liabilities.

Minister expects regional players to be involved in Koper-Divača track

The minister's comments on Thursday come after 2TDK, the state-run company managing the project, has decided to enter negotiations with ten of the 15 bidders that responded to an international call to tender for the main construction work, including several Chinese and Turkish companies, aside from builders from Slovenia, Italy, Austria and Switzerland.

Manufacturing PMI rises to 40.9 in May

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector rose to 40.9 in May, a monthly business survey revealed on June 1.

The PMI increased by 7.5 points from 33.4 in April, according to the report by the Istanbul Chamber of Industry, prepared in collaboration with London-based global data firm IHS Markit.

Purchasing Managers' Index at 33.4 in April

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector stood at 33.4 in April, according to a monthly business survey on May 4. 

The Istanbul Chamber of Industry report, in collaboration with London-based global data firm IHS Markit, showed that the April figure dropped by 14.7 points month-on-month, posting the steepest decline since the global financial crisis.

Turkish PMI falls to 48.1 due to virus outbreak

Turkey's Purchasing Managers' Index (PMI) was at 48.1 this March, down from 52.4 in February, posting below the 50 no-change mark for the first time in three months.

According to the Istanbul Chamber of Industry PMI Manufacturing Index report, prepared in cooperation with global data firm IHS Markit, output and new orders both softened, while firms scaled back purchasing activity.

February’s manufacturing PMI strongest in last two years

In Turkey, Purchasing Managers' Index (PMI) for the manufacturing sector posted the strongest reading of the last two years in February.

According to the Istanbul Chamber of Industry PMI Manufacturing Index report, prepared in cooperation with London-based global data firm IHS Markit, the index rose to 52.4 last month thanks to solid rises in both output and new orders.

Pages