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The latest news from the Joomla! Team

The Steel Industry's Major Concerns: The China Factor and Environmental Standards

According to RNCOS, an industry research firm, in a new market research report titled "US Steel Industry Outlook,” the US produces and consumes about 3% of the world's iron ore output. In 2007, mines in Michigan and Minnesota - the two largest iron ore producers in the country - shipped 95% of the iron ore produced. The weak dollar remains a major challenge for the US steel industry as steel imports are expected to slip down to around 27 million metric tons this year from 30.4 million metric tons in 2007.

Is a Piece of the Good Life Hurting?

Sales of luxury goods in the U.S. are expected to total $72.5 billion in 2008, according to Bain & Co., a Boston-based retail consulting firm. Worldwide, sales of luxury goods are expected to grow 3 percent this year to $230.7 billion, Bain predicted last October. That is down from growth of 6.5 percent last year and 9 percent in 2006.

Furniture Industry Will Not Rebound Until 2010

In recent years, the American furniture industry has been hurt on a number of levels. The weak dollar has made imports expensive and the industry is facing increased competition from Asia -- from China and Vietnam to relatively new suppliers like India and Bangladesh.

Support for the Turkish Business World from the Manhattan Chamber of Commerce

A new window is opening for Turkish exporters and investors through the Manhattan Chamber of Commerce (MCC). The Turkish American Chamber of Commerce and Industry (TACCI), whose headquarters are in New York, has reached an agreement with the Manhattan Chamber of Commerce to carry out a series of activities, including conferences and meetings, aimed toward bringing together the U.S. and Turkish business worlds, and evaluating and encouraging trade and investment opportunities between the two countries.

How Can One Find Work During An Economic Crisis?

This global economic crisis, which is said to be one of the biggest ones in the 21st century, is an important factor in the increase in unemployment in the United States. According to the Bureau of Labor Statistics for November 2008, in that month there was a 6.7% unemployment rate with 10.3 million people out of work.

Turks in Europe

Turkish entrepreneurs in Vienna, the capital of Austria, focus mainly on the wholesale foods and gastronomy industries, just as their cousins in Germany do. Do & Co Restaurants and Catering, Etsan, Orient, and Hürpaş are some of the leading Austrian Turkish companies.
The cover of TurkofAmerica Special Europe Issue...

Wedco: The Industrial Precision Cutting Tool

Wedco High Quality Tooling, established by Edip Bay1z1tl1olu in 1991.

Austria’s geographically central location in Europe, at a commercial and cultural crossroads, accords advantages to businesses operating in the country.  Austria, which forms boundaries with eight contries -- Germany, the Czech Republic, Slovakia, Hungry, Slovenia, Italy, Switzerland and Liechtenstein -- is the major supplier, particularly for the powerful industry in Germany.

Austria's Vegetable & Fruit King

Haydar Guner,the Onur Group companies founder.

Vienna, Austria-
The story began in a small, 55 square meter greengrocery. You might be able to guess the end of the tale from its title. Haydar Güner was just 21 years old when he came to Vienna in 1985 after cutting short his university education halfway through his studies. He started off by selling retail vegetables and fruit in the oldest market in Vienna. He left that job and started to work in a cleaning company.

The Man Who Introduced Ceylon Tea to European Markets

Ayhan Bakan, President of Orient GmbH.

Vienna, Austria-
Though it interrupted the course of politics, Turkey’s coup d’état of September 12, 1980 culminated in significant changes in the lives of many young people during those years. When the army took over the state administration, many young people preferred to go abroad to get away from the political turmoil.

The Wild Dragon Seeks New Markets in the USA

The Wild Dragon, which is exported to 32 different countries in the world, is sold in the Chicago area.

Vienna, Austria -
One of the areas on which the Macro Group has been concentrating recently is Wild Dragon, an energy drink. Hüseyin Ünal started out by becoming an associate of another energy drink company in Austria, the motherland of energy drinks, and afterwards created his own brand name, The Wild Dragon.  
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