Press Releases for Turkey
ADM to Expand Grind Capacity, Sweeteners and Starches Capabilities at Turkey and Bulgaria Corn Facilities
New production to help meet growing sweetener demand regionally and globally 12/12/2016 — CHICAGO — (BUSINESS WIRE) Archer Daniels Midland Company (NYSE:ADM) announced today that it will significantly expand overall […]
Call for Papers for the 23rd World Energy Congress Istanbul, 9-13 October
The top 3 winning prizes will be of 10,000 euros for the winner, 7,500 euros for the second place, and 5,000 euros for the third place. 18/02/2016 — ISTANBUL — […]
ADM Strengthens Global Sweetener Footprint with Completion of Eaststarch Acquisition
Archer Daniels Midland Company (NYSE: ADM) today announced that it has completed the purchase of certain assets of Eaststarch C.V., ADM’s 50-50 joint venture with Tate & Lyle (LSE: TATE).
The Rohatyn Group Completes Exit From Turkish Retailers Beymen and Boyner
The Rohatyn Group (“TRG”), a leading emerging markets asset management firm, today announced that Fennella Sarl, controlled by TRG Growth Fund II, has completed its final exit from Beymen Mağazacılık A.Ş. (“Beymen”) and Boyner Büyük Mağazacılık A.Ş. (“Boyner”) to Boyner Perakende ve Tekstil Yatırımları A.Ş (“BRTI”), a company controlled by the Boyner Group. Both retail companies had been portfolio companies of Citi Venture Capital International (“CVCI”), which TRG acquired from Citigroup Inc. in 2013.
ADM Expands its Corn Processing Footprint with Acquisition of Facilities in Bulgaria and Turkey, and Increase of Ownership in Hungary Facility
Archer Daniels Midland Company (NYSE: ADM) today announced an agreement to purchase several assets of Eaststarch C.V., ADM’s 50-50 joint venture with Tate & Lyle (LSE: TATE). Under the terms of the agreement, ADM will take full ownership of corn wet mills in Bulgaria and Turkey, and will own a 50 percent stake in a wet mill in Hungary. Tate & Lyle will receive a cash consideration of ˆ240 million, subject to customary closing adjustments, including for net cash and working capital, and take full ownership of the Eaststarch facility in Slovakia.
Port of Oslo Has Chosen a New Operator for Sjursøya Container Terminal
Port of Oslo has chosen the Turkish logistics and industrial company Yilport Holding as the new container terminal operator in Oslo.
Anadolu Agency and Getty Images Partner in Global Distribution of Editorial Content
Anadolu Agency, a global news agency and Getty Images, a leading creator and distributor of visual content and other media, announced a global distribution partnership in which Getty Images will represent and license the agency’s prestigious offering of editorial images and video.
MasterCard enters into agreement to acquire Provus – the leading independent Turkish payment solutions provider
MasterCard (NYSE: MA) today announced that it has entered into an agreement to acquire Provus Bilişim Hizmetleri A. Ş. (“Provus”), Turkey’s leading independent payment solution and processing provider. The acquisition will build on MasterCard’s strategy of increasing its processing presence in high-growth markets and deliver superior processing solutions and innovative value added services for both financial institutions and customers in the emerging prepaid and mobile payments space. This transaction, which is subject to regulatory approval, is anticipated to close in the fourth quarter of 2013.
ORTA Releases its First CSR Report, becoming the leader in sustainability in the denim industry.
ORTA, one of the world’s largest denim manufacturers, has released its very first CSR Report to the public.
European Organisations Challenged to Protect Market Share, Maintain Competitive Advantage
Amid a volatile economy and a fragmented marketplace, European organisations are more challenged than ever to maintain high performance. However, in the 2013 Pulse of the ProfessionTM, Project Management Institute (PMI) found that organisations in Europe are 6% less likely than their global counterparts to finish projects on time, damaging time-to-market in the region and significantly impacting global competitive advantage – and creating risk amid the rise of emerging markets.