Koç Holding
Decreasing real wages cannot be acceptable, says Turkish boss
The world economy and financial markets have been growing for the last 50 years, but decreasing real wages relative to GDP is unacceptable and unsustainable, said the board member of Turkey's Koç Holding and the current B-20 Employment Task Group Coordinator Ali Koç.
Turkish conglomerate's Koç complains of income inequality
Ali Koç, the coordinator in the Group of 20 offshoot B-20?s employment mission, has said global income distribution is rapidly worsening, as Turkey?s Labor Minister said Turkey has been doing well in the fight against poverty.
Turkey's Tüpra? faces $69 mln hit from tax demand, fines
Turkey?s sole oil refiner Tüpra? has said it faces a tax demand and related fines totaling 160 million liras ($69 million) following an 18-month investigation by authorities.
The demand for 65.6 million liras and fines of 94.4 million liras date from 2009 to 2013, the company said in a filing with the stock exchange.
Koç Holding makes offer for duty-free shops of Istanbul’s 3rd airport
Turkey’s Koç Holding’s Setur will make an offer to run the duty-free shops at Istanbul’s under construction third airport along with France’s Lagardere Services