Privatization Administration

The shares of 12 companies held by the Treasury have been transferred to the Türkiye Wealth Fund (TVF), according to a presidential decree published in the Official Gazette on Aug. 20.

Among those companies whose shares were transferred are stock exchange-listed Koza Altın, Koza Anadolu Metal and İpek Doğal Enerji.

Turkish Electricity Transmission Corporation (TEİAŞ) was included in the scope of the country's privatization process, according to Turkey's Official Gazette on July 3.

The announcement of plans to privatize Turkey's horse races has made the mouths of many foreign and local investors water, though organizers have warned about the potential impact on workers in the sector.

Allegations that a shopping complex and skyscrapers will be built on a plot of land neighboring Istanbul?s famous Emirgan Grove have sparked fresh debate over spoiling the city?s historic silhouette.

More than $35 billion worth of privatization income was transferred to the Treasury between 2002 and October 2014, Finance Minister Mehmet Şimşek said in response to a parliamentary question asked by CHP Deputy Sezgin Tanrıkulu to learn how privatization income was distributed and among which public institutions.

Turkey will make nearly $10 billion from privatization of state sales if all of the most recent privatizations, including the national lottery sale for an over the top price, were approved by the government Turkey’s income from privatizations since the beginning of the year has exceeded expectations, approaching $10 billion with the recent privatization of a 10-year national lottery li