Page 5 - TURKRptDec20

take-or-pay contracts after the prices were adjusted at end-June. The country still pays higher prices compared to Europe but it benefits now from the oil price collapse in Q2.
Czhech Energo ​hopes​ to enjoy government subsidies with its new hydro-plants in Turkey.
Ulker “may ​acquire​ related-party entities that are ultimately owned by shareholder Yildiz”. Retailer BIM ​denied​ responsibility for building collapse in the Aegean Sea earthquake.
Anadolu Efes was ​dropped​ from MSCI Turkey index.
Q3 financials season at Borsa Istanbul ended (See Section 4.3.2).
Turkey ​fined​ Twitter, Facebook, YouTube, Instagram, TikTok and Periscope. Turkey’s Competition Board ​fined​ ​Google​. Netflix, Amazon Prime ​obtained Turkey licences.
5​ TURKEY Country Report​ December 2020 ​ ​www.intellinews.com