EBRD (the European Bank for Reconstruction and Development) and Esas Holding venture capital firm have acquired a majority stake in Korozo Ambalaj, in Turkey.
Global ingredient producer ADM is pushing harder into the European starch and sweetener market, announcing the acquisition of major production facilities in Turkey and Bulgaria on Monday in the wake of changing EU sugar laws.
At the crossroads of east and west, Turkey offers huge promise but given the current political and economic situation, there are also challenges. FoodNavigator spoke to both Turkish and global companies at Food Ingredients in Istanbul this month to get...
Crown Holdings is planning to open a second beverage can line at its plant in Osmaniye, Turkey, with operations expected to begin in the first quarter of 2017.
Turkey's biggest brewer and SAB Miller partner Anadolu Efes expects new restrictions on marketing and sales of alcohol to limit beer industry growth in the country.
Diageo has declined to comment on the possible business effects of stiffer alcohol laws in Turkey, insisting only that it remains committed to its business in Turkey.
Diageo’s Turkish president insists that the firm is co-operating with a government competition probe into its Mey Içki spirits business, and says he does not expect it had acted inappropriately.
Turkey's Anadolu Cam group will get a €26.5m loan to build a new
bottling plant in central Russia, yet the firm's biggest challenge
will be to address declines in glass packaging reports Chris
Mercer.
At a time when Europe's leading brewers are growing bigger and more
international on almost a weekly basis, smaller companies are
finding it increasingly hard to expand their own businesses. We
spoke to Michael Hoffmann of the...
