Turkey: latest news, insights and analysis | ESM Magazine

Russia’s Cherkizovo Group Sees Chicken Volumes Decline

Cherkizovo Group, the largest vertically integrated meat producer in Russia, has said that chicken volumes went down during its second quarter, howeve...

Turkey's Sok Seeks To Calm Investors After Godiva-Owner Deal Hits Shares

Turkish grocer Sok Marketler has been calling investors spooked by its deal to buy shares at a premium from its controlling shareholder, just weeks after i...

Turkey's Şok Marketler Completes TL 2.3 billion IPO

Turkish discounter Şok Marketler has completed a TL 2.3 billion (€440 million) initial public offering, at an offer price of of TL 10.5 per share....

Turkish Discounter Şok Marketler Ticaret Announces Intention To Float: Analysis

Having posted 37% growth in revenue between 2015 and 2017, as well as opening an average of three stores per day during that period, it's no wonder that Tu...

Turkey’s Yildiz Holding Owner Said To Agree Debt Plan

Yildiz Holding AS, the global sweets company owned by Turkey’s richest man, agreed with the bank that’s representing creditors on terms to refi...

Imoon Brings State-Of-The-Art Lighting Systems To Carrefour SA In Turkey

New image, new concept, new light – Carrefour SA in Turkey has just finished the renovation of 19 of its hypermarkets, bringing a fresh, new approach...

Turkey’s Yildiz Asks Banks For Up To $7 Billion In Restructuring

Yildiz Holding, owner of companies including Godiva Chocolates and United Biscuits, requested the largest loan ever from Turkish banks, citing difficulties...

Godiva Owner Is Said To Pick BofA, JPMorgan For Grocery IPO

The owner of Godiva chocolates hired four advisers for an initial public offering of its Turkish discount-grocery unit that could raise about $800 million,...