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The number of shopping malls in Turkey reached 441 with 14mn m2 leasable space from 433 with 13.5mn space prior to the pandemic last year.
Steel and iron prices have lately been falling. Is the steel boom over? Turkey’s gaming startups remain hot favourites.
Germany’s Delivery Hero (DAX/DHER) and its Turkish unit Yemeksepeti launched a new tech hub in Istanbul.
Turkey’s LNG imports dropped 41% y/y in H1 due to record high prices. Botas is reportedly negotiating an about annual 4bn m3 gas contract with Russia while Azerbaijan confirmed a new “temporary contract” with Turkey. Botas will also buy about 20 cargoes of LNG for winter. Russia shaked the European gas market to blackmail for the completion of the Nord Stream 2 pipeline. Gas prices are booming amid shortages in Turkey’s drought-hit hydropower plants. Turkey’s lakes and rivers are drying up.
Chip crisis is hitting Turkey’s automotive industry.
6 TURKEY Country Report October 2021 www.intellinews.com
