Transport
Pressure builds on Volkswagen CEO as emission-cheating probe spreads
The scandal engulfing Volkswagen, which has admitted cheating diesel vehicle emissions tests in the United States, spread on Sept. 22 as South Korea said it would conduct its own investigation and a French minister called for an EU-wide probe.
Volkswagen shares skid 13% on false emission scam in US
Shares in German auto giant Volkswagen fell more than 13 percent on the Frankfurt stock exchange on Sept. 21 after it emerged some of its diesel cars in the United States had been fitted with software that gave false emissions data.
In the first few minutes of trading, VW shares fell by as much as 13.23 percent to 140 euros in a slightly lower market.
Bulgaria's Interior Ministry Urges Travelers to Avoid Kulata, Makaza Border Crossing Points
Bulgaria's Interior Ministry has advised people traveling to Greece to avoid the Kulata and Makaza border crossing points due to the kilometers-long queues of vehicles.
Traffic on the roads and motorways leading to the Bulgarian-Greek is intensive due to the decision of a large number of people to head for Greece for the four non-working days until September 22.
Chinese consortium acquires 65 pct stake in Turkish port terminal
A joint venture set up by a Chinese investor consortium has bought a 64.5 percent stake in Turkey's third largest container terminal, said one consortium member, COSCO Pacific, in a written statement on Sept. 17.
Boeing appoints new business head for Turkey
Boeing named Ay?em Sarg?n I??l as the new managing director of Boeing Turkey on Sept. 16.
She will serve as Boeing's senior executive in the country, leading the enterprise's strategy, integration, growth and productivity efforts locally, said the company in a written statement.
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Do?an Holding becomes new distributor of Japan's Suzuki
Turkey?s Do?an Holding has become a new distributor of Japan?s Suzuki?s car, sea vehicle and motorbike brands.
A new subsidiary of Do?an Holding, Suzuki Motor Vehicles Marketing Co, will run the sale and after-sale operations of Suzuki brands. Suzuki had previously been represented in Turkey by Haco Group.
Chinese companies set eyes on Turkey's third largest port
Two Chinese port companies, China Merchants and China Ocean Shipping Company (COSCO), and the country?s largest state fund, China Investment Corp. (CIC), have signaled their intent to buy Turkey?s largest private port, Kumport, according to sources familiar with the issue.
Hungary deploys soldiers and armored vehicles near border
A day before introducing new, stricter measures on its borders, Hungary has deployed soldiers who arrived in five trucks and armored Hummer vehicles.
Largest sailing vessel in the world sails in Aegean Sea
The largest sailing cruise ship in the world Club Med 2 docked at Chios port.
The Club Med 2 was launched in 1992 in Le Havre, France. Her sister ship the Club Med 1 was sold to Windstar Cruises and renamed msy Wind Surf in 1998.
Turkey's automotive production rises 34 percent in August
Turkey?s automotive production rose by 34 percent in August to 76,987 units, according to data from the Automotive Industrialists? Association (OSD).
The sector produced a total of 857,307 units in the first eight months of the year, marking a 19 percent increase from the same period of 2014, data released on Sept. 10 showed.