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"There are 5.2 million Turks living in the 27 countries of the European Union. This 5.2 million population numbers close to the population of Denmark and is almost twice the population of the Baltic states. European Turks are basically the 28th country of the European Union. Based on population, they would even be the 19th country in the union."

Interviewing A Billion Dollar Company CEO, Engineer Dr Sani Sener of TAV Companies

By Gediz Karaca, MSc * - Without the benefit of experience in business management, it can be easy to underestimate the importance of the decision-making processes in companies. These processes can appear easy to master when judged by the standard of their respective results. As a young businessman with limited experience, I would argue that decision-making is indeed one of the trickiest duties of all. As the future is unknowable, senior business people are forced to make predictions with limited data. One poor decision can bring huge losses or can even push a company out of business. Young professionals have much to learn and benefit from senior business people’s experience in these matters: how to behave, how to forecast, and how to make successful business-critical decisions without suffering significant losses. To this end, the aim of this article is to share engineer Dr Sani Sener’s unique perspective and experience with young professionals on their journey of learning the art of business management and decision making.

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German Business Won't be Affected by Political Disagreements, Turkish Minister Assures

Turkey's Deputy Prime Minister Mehmet Şimşek has assured German companies that their investments in Turkey are safe, and their business would not be affected by recent political disagreements between Ankara and Berlin. In an interview with the Der Spiegel weekly published on Saturday, Şimşek underlined that Turkey had left behind a difficult period after the defeated coup attempt last year, and Turkish economy was performing well at the moment.

Limak to Build $570M Project in Russia

Limak has become a partner of the highway project in Ufa, Russia, which has a total construction value of 34 billion rubles ($570 million). Limak, a joint venture of Bashkir Concession Company (BCC), which was established for the highway project, with the Russian company VTB Capital, will also be undertaking the contracting side of the project.

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Turkish Builder Launches Major Macedonia Project

Image SKOPJE, Macedonia (AP) - Ibrahim Cevahir, Turkish investor and owner of 'Cevahir Holding', speaks during a cornerstone ceremony for construction of four skyscrapers and shopping mall, in Skopje, Macedonia, Monday, July 16, 2012. The construction site that measures about 280.000 square meters (3.000.000 square feet) will consist of four towers with 42 floors each 130 meters (427 feet) tall with business space, shopping mall, and providing residence to 5,000 people. This is the largest construction of residential buildings ever launched in Macedonia worth euro 300 million (367 million US Dollar) and will be completed in three years by Turkish company 'Cevahir Holding'.

Turkcell Confirms: Bulgaria's Vivacom Sale Failed

Image The creditors of the Bulgarian telecommunications operator Vivacom have given up on its sale, Turkish mobile phone operator Turkcell, which had emerged as the preferred buyer, announced, confirming earlier media reports. "We received an official letter informing us that the sellers of BTC have aborted their efforts to find a buyer. Turkcell will continue to evaluate acquisition opportunities for similar buyouts," Chief Executive Officer Sureyya Ciliv said at a press conference.

Foreign investments by Turks Reach $25 Billion in 10 Years

Image Some 165 local businesses invested $5.3 billion in the Netherlands between 2000 and 2010, making the country the top destination for the Turkish investments abroad. Turkish businessmen have invested the highest amount of money in the Netherlands during the first 10 years of the new millennium, according to a report derived from official data by the Confederation of Businessmen and Industrialists of Turkey (TUSKON).

Turkish Businessmen to Visit Netherlands

Image President Gul, Dutch Crown Prince Willem-Alexander and officials will attend Turkey-Netherlands Business Forum in Amsterdam. 100-member Turkish business delegation will travel to the Netherlands to hold talks on new cooperation and investment opportunities between Turkey and the Netherlands on the 400th anniversary of Turkish-Dutch diplomatic relations.

Greece Seeks Turkish Buyers for Assets in Economic Reversal

Image Greek officials met with investors from Turkey to showcase a sale of state-run assets, reflecting a reversal in the fortunes of the Mediterranean rivals as Greece faces possible financial collapse and Turkish growth rivals China’s. Officials of the Greek asset-sales agency, investment office and Foreign Ministry made presentations and held talks with Turkish businessmen in Istanbul today.

Turkish Films at Home in Germany

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'Almanya - Willkommen in Deutschland,' a comedy centered on a Turkish guest worker in Germany, grossed more than $11 million at the German B.O.
BERLIN -- In Germany, Turkish-themed films are beginning to generate major box office coin even as Turkey's own cinematic output is making waves on the international stage and dominating the B.O. at home.

While Turkey is experiencing a skyrocketing ascent as a powerful emerging economy, Germany is looking back at the beginning of Turkish immigration, which helped fuel West Germany's own economic boom.

This year Germany's Turkish community is celebrating its 50th anniversary: In 1961 Germany and Turkey signed an agreement allowing guest workers to immigrate here. It's the subject at the heart of Yasemin Samdereli's "Almanya -- Willkommen in Deutschland," the second-most-successful German film of the year.

The pic, which has earned more than $11 million at the domestic box office, follows an aging patriarch who became Germany's 1,000,001st guest worker in 1964 and who returns to Turkey with his family nearly 50 years later.

The pic won a Silver Lola award for top film this year as well as the screenplay prize for Nesrin Samdereli, the director's sister, at the German Film Awards.

Turkey Will Head the Reconstruction Project of The Rundown Berane Airport in Montenegro

Turkey will head the reconstruction project of the rundown Berane Airport, located in North-Eastern Montenegro. The Minister without a portfolio in the Montenegrin Government, Rafet Husović, said that Turkish investors will head the reconstruction of Berane Airport which will commence before long. An official agreement regarding the airport’s overhaul will be inked soon. The investor hasn’t been named although various government ministers have recently hinted that the Turkish airport operator Limak Holding (which runs Priština Airport among others) might be entering the Montenegrin market with Turkish Airlines rumoured to be eyeing a takeover of the struggling national carrier Montenegro Airlines. The goal of the investment is for Berane Airport to be used by commercial airlines for civilian flights.
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