Business and investment in Turkey

Here you can read about Norwegian business and investment in Turkey.

Last week Statkraft opened its second hydropower plant in Turkey. This is the first hydropower plant in Turkey which Statkraft has had the sole responsibility for the construction. The hydropower plant will have a capacity of 102 MW, and it will produce 1 % of the total hydropower electricity in Turkey. Read more

From left to right: Chefs Gökhan Dilmaç, Altug Tezer and Hasan Tatar. 
Photo:  ©Marius Fiskum.

In March, the Norwegian Seafood Council invited three Turkish chefs to Norway in order to gain a deeper insight into Norwegian seafood as well as the Norwegian fishing and Aqua Farming industry. From 8 March to 13 March, the young chefs Hasan Tatar, Altug Tezer and Gökhan Dilmaç had a taste not only of the beautiful places Bergen, the Austevoll islands and Tromsø, but also of Norwegian seafood ... Read more

From left: Yildrim Adnan, Daniél Rougé Madsen, Dilek Ayhan and founder of MSA Mehmet Aksel

Turkish-Norwegian Dilek Ayhan is a State Secretary at the Ministry of Trade and Industry in Norway. She visited Istanbul on 1-3 December, to encourage trade relations between Turkey and Norway. Read more

A delegation of Norwegian Red Cross, the Norwegian Embassy in Turkey and Statkraft met Turkish Red Crescent in Ankara. 
Photo: Mari A. Mørtvedt/ Røde Kors.

During Norwegian Red Cross and Statkraft’s visit to Gaziantep they agreed on an unique collaboration to help Syrian refugees at the Turkish border. Read more

Photo: Innovation Norway.

Shipbuilding is an important industry for Turkey where 71 active shipyards exist as of 2014. As of 2014, Turkey is among the top shipbuilder nations in the world, and Norwegians are their most important foreign customers. Read more

Photo: Wikimedia Commons.

EFTA (The European Free Trade Association) and Turkey are in the middle of negotiations about an updated free trade agreement. The aim is to modernise the agreement from 1991, extending it to include a chapter on trade in services. Read more

"Turkey is the fastest growing energy market in Europe. So, Turkey is important for us," says Ambassador Janis Kanavin. Read more

Photo: Hanne S. Goldstein.

Statkraft and Global Investment Holdings, a Turkish diversified holding company, signed an agreement to transfer hydropower projects to Statkraft in March 2009. Under the agreement Statkraft acquired Yesil Enerji, a company with controlling interests in seven hydropower projects in Turkey. The potential of the project portfolio is an annual generation capacity of more than 2 TWh. The agreement ... Read more

Photo: Benedicte Tresselt Koren/ MFA Norway. contains information about a wide range of topics from the Norwegian fishing industry. The Norwegian Minister of Fisheries and Coastal Affairs launched the English language site on 9 May 2006. Read more

Innovation Norway is Norway's Trade Office abroad, and the Istanbul office work closely together with The Norwegian Embassy in Ankara. Read more

Old and scruffy maps are replaced with electronic chart services. Electronic navigational chart systems have proved to be safer and more precise. Read more

Norwegian ship design is challenging established shipping concepts. Innovative designers have developed a new bow shape that makes vessels safer, as well as reducing their impact on the environment. Read more

Transparency and trust are driving forces behind the management of Norway’s revenues from the energy sector. The Government Pension Fund has been a forerunner for other Sovereign wealth fund (SWF). Read more

Photo: Øyvind Hagen/ Statoil.

The Norwegian Government Pension Fund receives growing international attention. Read more

Photo: Helge Hansen/Hydro.

The gas installation Ormen Lange, located in harsh conditions in the Norwegian Sea, is in spite of extreme circumstances safely delivering gas extracted from a depth of 3 000 metres through the world’s longest sub sea pipeline to British house holds. Read more

Photo: Alexander Hagstadius/Scanpix .

"Norway aims at becoming carbon neutral by 2050 by significantly reducing its own greenhouse gas emissions and offsetting the remaining through the purchase of emission reductions word-wide. We have also decided  to over-fulfil our commitments for emission cuts under the Kyoto Protocol by 10 per cent, corresponding to 5 million tons of CO2-equivalents annually in the period 2008-2012."   Read more

Photo: Berit Roald/Scanpix.

Bilateral trade statistics indicate a continued growth in both Norwegian exports to Turkey and import from Turkey in 2013. Read more

During the period 2006-2010, the Norwegian government will give NOK 250 million (EUR 31,3 million) more to aid poor nations avoid internal struggles over oil. "Oil for Development" was launched in 2005 and aims to help developing nations better manage their oil resources. Read more