Finance

Improving weather conditions in sugar-producing areas like Brazil, India factor behind price drop, experts say… A pound of sugar tested its four-year low at 0.1626 dollars on Wednesday, down 4 percent compared to the end of last month and 15 percent versus the start of the year. Expectations of an …

Tiryaki Agro has more than doubled the size of its existing facility with a new 7,500 square metre land investment in Türkiye’s southeastern province of Gaziantep. According to a statement from the company, Tiryaki Agro, which operates a total of 27 factories and processing facilities across 10 locations in three …

Gedik Chicken (Piliç), the first poultry company to export from Türkiye to EU countries, has continued its trade with the Netherlands and other European Union countries through partnerships. Following the start of exports, Gedik Piliç products have attracted significant interest from EU countries and are preparing to take their place …

Press release… A workshop on dried figs was held in Türkiye’s western province of Aydın with the aim of developing the sustainable and competitive structure of the heavenly fruit, increasing its exports, and finding solutions to production and export-related problems. Mehmet Ali Işık Speaking at the ‘Dried Fig Workshop,’ Mehmet …

Press release… Southeastern Anatolia’s exports of cereals, pulses, oilseeds and their products soared by 7.9 percent in the first five months of the year, reaching 1.5 billion dollars. During this period, exports reached nearly 1.9 million tonnes, a 4.5 percent hike in volume, including 431,300 tonnes of pasta, 397,900 tonnes …

The Ministry of Agriculture and Forestry announced that truffles contributed 650 million lira to the country’s economy in 2024. Ankara… The ministry shared data on truffles for 2024 on its social media account. The post pointed out that truffles are the hidden treasure of the green homeland, stating, ‘Truffles, our …

Press release… ANATOLIAN DELICACIES RECEIVE ‘MODERN LEGEND’ AWARD FROM RUSSIA… DOUBLE AWARD FOR TURKISH FOOD PRODUCTS FROM THE RUSSIAN PEOPLE… In Russia, one of Türkiye’s most important export markets, the promotional campaigns for ‘Turkish Fresh Fruit and Vegetables’ and ‘Turkish Bulgur’ carried out under the Ministry of Trade’s Turquality support …

€25 million loan to Ofis Yem to help drive circularity and sustainability Funding will finance construction of new production facility in Samsun Project will also improve inclusivity in livestock feed sector The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Ofis Yem, a leading …

Press release… MUSTAFA KÜRLEK, CHAIRMAN OF THE BOARD OF DIRECTORS OF KÖKLÜ OLIVES (ZEYTİNCİLİK), RETAINS HIS TITLE AS SUCCESSFUL YOUNG CEO… Mustafa Kürlek, the fourth-generation representative of the Ayvalık-based Kürlek family, has been included in the ‘40 Under 40 Young CEOs’ list by Ekonomist magazine for the third time, thanks …

Press release… The ‘Sustainable Manisa Summit’ organised by Manisa Metropolitan Municipality in line with its vision to combat climate change brought together academics, civil society leaders, business representatives and local government officials from many cities across Türkiye. Ali Kındap Speaking to participants at the summit’s session titled ‘Geothermal Greenhouse Farming …