Turkey

UK-based confectionery giant Cadbury has upped its stake in its Turkish subsidiary Kent Gida Maddeleri to 99.36% (financial details have not been disclosed). Turkey has established... 2009-05-19

Turkey-based food and drink giant Yildiz Holding has entered into a confectionery joint venture with Denmark-based chewing gum manufacturer Gumlink. The pair will form Continental... 2009-04-17

Turkey's largest mass grocery retailer (MGR) Migros Turk has announced that it launched 97 new stores in Q109 (the retailer now operates 1,288 stores in the country) and is on track... 2009-04-16

Turkey-based beverage juggernaut Andalou Efes has a reported a fall in net profit despite double-digit sales growth. Net profit dropped by 17% to TRY309.7mn (US$193.4mn) whilst turnover... 2009-04-09

Turkey-based soft drinks giant Coca-Cola İçecek (CCI) has reported a 17% rise in year-on-year consolidated revenue for the 2008 financial year. Despite impressive volume... 2009-04-08

Turkey's leading soft drinks company Coca-Cola İçecek (CCI) has acquired the bottled water business of Sandras Natural Source Water Company for around EUR13mn (US$16.53mn).... 2009-03-10

Sales of raki, one of Turkey's favourite traditional spirits and a drink ingrained in the country's culture, are declining as a growing number of factors work against its. Turkish... 2009-02-13