Articles Tagged with: announces

Mayor Topbaş announces two new metro lines for Istanbul


Istanbul municipality announced on Wednesday that it will hold a tender for two new metro lines on September.

“A tender will be held for the Ataköy-Ikitelli and Dudullu-Bostanci metro lines in September,” Istanbul Mayor Kadir Topbaş said in a statement.

The Ataköy-İkitelli line on Istanbul’s European side will be 13.3 kilometers [8 miles] and will enable around 45,000 passengers to travel in one hour on one direction, said the statement.

Journey time between Ataköy and İkitelli will be 19.5 minutes and the tender for this line will be held on September 14, added the statement.

Topbaş also underlined that, with the implementation of Ataköy-Ikitelli line, the route around Basın Ekspres Yolu will integrate with other rail systems including the Marmaray and Olimpiyatköy-Bağcılar metro line.

In this way Istanbulites living in Bakirköy, Bahçelievler Bağcılar, Küçükçekmeceand Başakşehir will be able to use the lines, said Topbaş.

The Dudullu-Bostancı line on Istanbul’s Asian side will be 14.2 kilometers [9 miles] and will have the capacity to carry 45,000 passengers in an hour.

The tender for this line will be held on September 10. The journey between Dudullu and Bostancı will take 21 minutes, said the statement.

Topbaş also added that the Dudullu-Bostancı line will cross Maltepe, Kadiköy, Ataşehir and Ümraniye and will connect with the Kadiköy-Kartal metro line and Üsküdar-Ümraniye-Sancaktepe-Çekmeköy metro lines.

Filed under : News

Istanbul Chamber announces top 500 companies for 2012


The Istanbul Chamber of Industry announced that Turkish oil refiner Tupraş, the majority stake in which is owned by Turkish conglomerate Koç Holding has again topped the list of the Top 500 Turkish companies for 2012.

Tupraş, which posted over TRL 40 billion in sales was followed by Ford Otomotiv, a JVe of Turkish Koç and Ford with more than TRL 8 billion of sales and Oyak Renault, a JV of Turkey’s Oyak and carmaker Renault with around TRL 7.5 billion in sales.

The biggest three companies were followed by Arçelik, another Koç Group company which produces appliances, Turkish state power company EUAS, Tofas which is jointly owned by Turkish Koç Holding and Fiat, Iskenderun Iron and Steel Company, Eregli Iron and Steel Company steel producer IÇDAS and Aygaz, a Koç Holding company.

The sales from production of the companies in the Top 500 list reached TRL 353.6 billion in 2012, a 9.2% increase in comparison to the same figure in 2011. The total profits of the top 500 companies reached TRL 24.1 billion in 2012, good for a 6.3% increase.

The Turkish Petroleum Corporation was the country’s most profitable company in 2012 with around TRL 1.5 billion in profit but the company failed to break into the top 10 list.

Top Ten companies include:
1. Tüpraş (TRL 40 billion)
2. Ford Otomotiv (TRL 8 billion)
3. Oyak Renault (TRL 7.5 billion)
4. Arçelik (TRL 7.2 billion)
5. Turkish state power company EUAS (TRL 6.9 billion)
6. Tofaş (TRL 5.6 billion)
7. İskenderun Iron and Steel Company (TRL 5.4 billion)
8. Eregli Iron and Steel Company (TRL 5.1 billion)
9. ICDAS (TRL 4.9 billion)
10. Aygaz (TRL 4.7 billion).

Filed under : News

Find Your Destination

Most Commented Articles

Featured Video

Photo Gallery