Koç Holding

Trade Secretary Jonathan Reynolds is set to deliver trade negotiations with international partners, including Türkiye, the Gulf Cooperation Council and India, the U.K. government has said in a statement.

Koç Holding has announced that discussions for the sale of shares in its banking unit Yapı Kredi Bankası have been terminated.

Preliminary discussions were ongoing regarding the sale of our shares in our subsidiary Yapi ve Kredi Bankası, the Turkish conglomerate said in a filing with Borsa Istanbul.

The combined net profit of the companies, whose shares are traded on the stock exchange, increased by 75 percent in the third quarter to hit 444 billion Turkish Liras ($15.6 billion).

Ford Otosan, a joint venture of Turkey's Koç Holding and U.S. automotive giant Ford, has unveiled Turkey's first domestically-developed gearbox at its plant in the Central Anatolian province of Eskişehir.

Foreign direct investment flowing into Turkey has soared in the first five months of this year, according to the head of the presidential investment office.

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Data analytics company NielsenIQ Turkey has identified Turkey's most technological brands in 26 categories by conducting online surveys.

Koç Holding's Arçelik received "Turkey's Most Technological Domestic Brand" and "the Most Technological Brand of the COVID-19 Era" awards, whereas Garanti BBVA was chosen as the most technological bank.

Italian lender UniCredit has announced the "successful completion of the accelerated bookbuild offering" to institutional investors of approximately 100.7 billion existing ordinary shares in Yapı ve Kredi Bankası, equal to around 12 percent of the Turkish lender's issued share capital.

Exports by the divisions of Koç Holding, Turkey's largest conglomerate, make up fully 10 percent of the country's exports, the company's chairman told Anadolu Agency on Jan. 10.

One of the leading Turkish conglomerates, Koç Holding's subsidiary, KoçSistem; which offers digitalization solutions to Turkey's leading brands, has launched a social responsibility project in collaboration with its education partner, Mother Child Education Foundation (AÇEV), urging parents to turn all screens off between 7 p.m. - 8 p.m. every day.

The 16th Istanbul Biennial's title and conceptual framework was announced by the curator Nicolas Bourriaud at a press conference on Dec. 11. Organized by the Istanbul Foundation for Culture and Arts (İKSV) and sponsored by Koç Holding, the 16th Istanbul Biennial will take place between Sept. 14 and Nov. 10, 2019.