Turkey

Under the backdrop of a forecast 6.2% GDP contraction in 2009, Turkey's largest discount grocery store operator BIM performed dynamically in H109 (the six months through to June 30).... 2009-09-03

Turkey-based soft drinks giant Coca-Cola İçecek (CCI), one of world's largest Coca-Cola bottlers, continues to whisk its way though the global downturn, recording a 14.5%... 2009-09-01

After foreign exchange losses and debt-servicing expenses incurred in Q109 (through to March 31) forced Turkey-based beverage behemoth Anadolu Efes to report a net loss of TRY25.2mn... 2009-08-27

French mass grocery retail (MGR) behemoth Carrefour has confirmed plans to expand its Turkey-based business organically through its domestic subsidiary Carrefoursa - a venture between... 2009-07-31

Turkey's leading beer and soft drinks company Anadolu Efes has reported that group sales volumes increased by 4% year-on-year (y-o-y) in H1 of its 2009 fiscal year (through to June... 2009-07-16

Turkey-based food and drink giant Yildiz Holding has increased its stake in leading domestic food processor Kerevitas to 51%. Kerevitas possesses a notable product portfolio that... 2009-06-19

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