Page 50 - TURKRptFeb21

8.2.6 ​Utilities corporate news
8.2.7 ​Metallurgy & mining corporate news
8.2.8 ​Other sector corporate news
Representatives of Karpowership, owned by Turkish conglomerate Karadeniz Energy Group, on January 25 ​met​ with Cameroonian PM Joseph Dion Ngute to discuss a possible deal to supply power​ in a cooperation with Cameroon’s main port Douala.
The European Union is to ​impose​ tariffs of between 5.9% and 7.6% on hot-rolled iron and steel products from Turkey ​from January 8.
The tariffs will impact Turkish steelmakers including Erdemir (EREGL).
Ankara-based BDY is ​negotiating​ with Chinese investors for an initial capital inflow of $10mn​ to be used in mining.
Turkish competition board on January 22 ​fined​ Novartis Turkish lira (TRY) 165mn ($22mn) and Roche TRY113mn.
The Gaso Hovding, the world’s largest wellboat, ​launched​ at Turkey’s Sefine shipyard.
50​ TURKEY Country Report​ February 2021 ​ ​www.intellinews.com