Investment Office and NUMOV held a digital conference on September 1, entitled ''How Is Turkey Preparing for the “New Challenges” with German Partners”. Turkey's Ambassador to Germany, Ali Kemal Aydın, Investment Office President Burak Dağlıoğlu, Investment Office Director Necmettin Kaymaz and Bosch Turkey and Middle East President Steven Young were among the speakers at the webinar.
The conference provided an overview of the current German-Turkish bilateral economic relations and the opportunities for German companies to boost their investments in Turkey.
Delivering a speech at the conference, Investment Office President Burak Dağlıoğlu firstly briefed the attendees on the successful management of the pandemic by the Turkish government. The right policies and measures taken under the leadership of President Recep Tayyip Erdoğan paid off well and Turkey got over the pandemic with relatively minimal impact on its economy, said Dağlıoğlu.
Referring to the continual international investments made into Turkey during the pandemic, Dağlıoğlu said, “We have seen increasing investments in the Turkish mergers and acquisitions market from all around the world. From fintech to gaming industry, from manufacturing to services, significant M&A deals have been announced.” To exemplify these investments, he mentioned recent acquisitions made by German Calderys Deutschland's parent company Imerys, Switzerland-based Firmenich, Austria Post, Austrian store branding Umdasch, and Hyundai Motor commencing mass production of its i20 model in Turkey.
Dağlıoğlu concluded by reminding German investors that Turkey attaches utmost importance to German investors, keeping the long-time friendship among the two countries in mind.