Page 8 - TURKRptSept19

Koza Altin increased its net profit to TRY 414mn in Q2.
Koc Holding’s net profit slightly rose to TRY1.43bn in Q2.
Sabanci Holding’s net income declined by 23% y/y in Q2.
Turkey’s Sabanci sells its 57.9% stake in Yunsa textiles producer for €11mn.
Kordsa’s net profit rose to TRY98.2mn in Q2.
Soda Sanayii’s net profit declined by 10% y/y in Q2.
Anadolu Cam’s net profit declined to TRY155mn in Q2.
Sisecam’s net profit declined by 26% y/y in Q2.
Trakya Cam’s net profit declined to TRY171mn in Q2.
JV of Turkey’s Demiroren and Italy’s Sisal wins Turkish national lottery concession.
Burger King franchisee TAB Food hires bank to sell stakes in Turkey, China businesses.
US-based AA Metals has acquired a 100% stake in Turkish aluminium sheets producer Teknik Aluminyum.
Oyak signed a provisional agreement to takeover British Steel. Who’s behind the proposed Turkish buyer of British Steel?
Norway’s Protan acquires Turkish roof and membrane producer Multiplan.
Germany’s Flixmobility to buy oldest Turkish intercity bus company Kamil Koc.
Profilo, one of Turkey’s oldest shopping centres, put up for sale.
Netflix to withdraw from Turkey after tighter government oversight over online content, claims opposition MP.
Europe turning Turkey into top “dumping ground” for plastic waste.
8 TURKEY Country Report September 2019 www.intellinews.com