Finance

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 …

Press release… According to data from the Turkish Exporters Assembly (TİM), the five-month export value of the cereal, pulse, oilseed and processed products sector, which includes basic food products such as wheat flour, pasta, vegetable oils, biscuits, and sugar and cocoa products, was announced as 5.2 billion dollars. While cereal …

Press release… » The FAO Food Price Index* (FFPI) averaged 127.7 points in May 2025, down 1.0 points (0.8 percent) from April. While the price indices for dairy products and meat increased, they were more than offset by declines in those for cereals, sugar and vegetable oils. Overall, the FFPI was …

Murat Çağlar, Vice President of Bursa Leather Specialised and Mixed Organised Industrial Zone (OIZ), announced that 300-400 million dollars will be contributed to the economy with the processing of bovine skins to be slaughtered in the Feast of Sacrifice (Eid Al-Adha) Çağlar emphasised the points to be considered in the …

Press release… Another Geographical Indication Registration Success by Aydın Commodity Exchange! Aydın Commodity Exchange Chairman of the Board of Directors Fevzi Çondur emphasised that their work on the branding of agricultural products specific to Aydın has always yielded concrete and successful results. Stating that they have carried out exemplary works …

June, 2025, Istanbul… The World Bank has announced that its board approved 819 million dollars in financing to enhance food production and enhance water efficiency for more than 550,000 people in Türkiye. The Türkiye Second Irrigation Modernization and Water Efficiency Project, approved on June 2, will facilitate the modernization of irrigation systems across …