Turkey’s police threatened face mask manufacturers with the seizure of their factories if they failed to start selling their stock to the government by 20:00 local time on March 23.
Interior Minister Suleyman Soylu informed reporters that on March 22 simultaneous raids were carried out on depots of some local producers stocking protective masks. The producers were warned that they must immediately sign contracts with the health ministry given the situation with the coronavirus (COVID-19) outbreak, he said.
Police and local officials, meanwhile, started to assist with deliveries of food and medicine to homes of citizens older than 65 and those with chronic diseases.
Turkey has shut down more than 165,000 businesses in its effort to contain the spread of the virus, which had officially claimed 30 lives in the country by the end of March 22.
Bloomberg repoted that Turk Traktor ve Ziraat Makineleri suspended production for 14 days at its two plants from March 23 to contain the spread of coronavirus and due to disruptions in procurement and deliveries from Europe. The day also reportedly saw three textile companies—Menderes Tekstil Sanayi ve Ticaret, Rodrigo Tekstil Sanayi ve Ticaret and Soktas Tekstil Sanayi ve Ticare—halt production.
Turkey upped its steel exports by 27.6% y/y in 2024 to 13.4mn tonnes, according to the Turkish Steel Association (TCUD). Growth was driven by shipments to the European Union (5.9mn tonnes, up ... more
Turkish Petroleum Offshore Technology Centre AS (TP-OTC) has contracted international offshore service provider Subsea7 to provide inspection, repair and maintenance (IRM) services at the Sakarya ... more
Turkish socks manufacturing company Bonysocks plans to invest $50mn to build a new factory in Egypt, Al Ahram reported on January 12 citing the Turkish Ambassador in Cairo, Salih Mutlu Şen. ... ... more