TAV Airports co-founder Sani Şener is stepping down from management. Mustafa Sani Şener, one of the founding partners of TAV Airports, is leaving his position as Vice Chairman of the Board of Directors as of May 1, 2024. Şener will continue his professional career as the Chairman of the Board of TAV Construction.
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Assets of the Turkey Development and Investment Bank Reached 141.6 Billion TL. The Turkey Development and Investment Bank increased its assets by 38% compared to the same period of the previous year, reaching 141.6 billion TL in the first three months of the year. The bank elevated its credit volume by 30.7% to 87 billion TL by providing financial support to projects crucial for Turkey’s future.
Bicycle Enthusiasts Gathered at AKRA Gran Fondo Antalya. AKRA Gran Fondo Antalya powered by AG Tohum took place in Kemer with the participation of 580 athletes.
Bodrum Welcomes Summer with Rally. The third leg of the Petrol Ofisi Maxima 2024 Turkey Rally Championship, Rally Bodrum, organized by the Karya Automobile Sports Club (KAROSK) on April 26-28, concluded with the leadership of Ali Türkkan-Oytun Albayrak team from Castrol Ford Team Turkey. Additionally, Türkkan-Albayrak, who set the best time in the special stage commemorating the 185th Anniversary of the Gendarmerie, also won the gendarmerie special award, while the team also became the winner of Class 3.
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“Astor Enerji’s Innovative Approach to Social Responsibility” Astor Energy Inc. continues to implement social responsibility projects aimed at contributing to society. In line with this mission, the company took its mission one step further by providing an unforgettable day for the students of the Disability-Inclusive Day Care Center.
The 6th Productivity and Technology Fair, organized by Ankara Bilim University, took place at ATO Congresium between February 8-10 with the intense participation of citizens. Cere, an artificial intelligence assistant with a 3D avatar developed by Cerebrum Tech, a technology company operating in the fields of artificial intelligence, gaming and web3, attracted great interest from visitors. Visitors to the Cerebrum Tech booth asked artificial intelligence questions, chatted and took souvenir photos. Cere responded to more than 5 thousand questions of visitors for 3 days and produced about a thousand visuals with typed commands.
As one of the strongest representatives of the international financial system and investment banking in Turkey, Doğan Investment Bank successfully progressed in line with its strategic goals and achieved a net profit of TL 428 million in 2023. In 2023, return on average equity and return on average assets were realized as 84.1% and 20.3%, respectively. The Bank’s shareholders’ equity, which was TL 246 million at the end of 2022, tripled to TL 712 million at the end of 2023. The Bank’s capital adequacy ratio was realized as 22.9%.
The Aegean Olive and Olive Oil Exporters Association (EZZIB), the sole umbrella organization for olive and olive oil exporters in Turkey, convened for the 2023 Fiscal General Assembly. The General Assembly of EZZIB addressed the agenda items of the sector.
Turkey’s Leading Fashion Brand Koton Goes Public. The public offering application of Koton has been approved by the Capital Markets Board (CMB). Demand will be collected for 30.50 TL per share between April 30 and May 2-3. Koton plans to have a public float of 16.5%.