According to the latest report by Reuters, Turkish conglomerate Sabanci Holding wants to hold an initial public offering of its energy company and a secondary float of shares in its retail unit. Chief Executive Zafer Kurtul made the announcement on 29 February.
Istanbul-based Sabanci, which also has a strong interest in cement, is uncertain of the timing of the offerings due to market conditions. Kurtul spoke at a news conference following the release of 2015 earnings.
EnviroTech 2020 is an online conference for professionals in the cement sector. Featuring presentations from industry experts, you can join this completely virtual conference from anywhere in the world, absolutely free. Register for free today »
The Civil Quarterly’s (TCQ) key business health findings suggest that heavy civil contractors are generally optimistic about business conditions, despite impacts of COVID-19.
Paul Maxwell-Cook takes a look at Turkey’s growing economy and expansion. This is part one of an abridged article taken from the December 2013 issue of World Cement.
Despite the global economic crisis, Turkey’s cement industry shows no signs of slowing. Here, Somer International discusses two important issues facing the country’s industry in the years to come: safety and the use of alternative fuels.
