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The World Cargo Symposium (WCS) is the largest and most prestigious air transport cargo event. The 2021 edition will take place in Istanbul, in October 2021.
The stock markets of Central and Eastern Europe must have a niche that makes them attractive to investors, says Mahmut Aydoğmuş, PhD, Director (Act.) International Relations at the Istanbul Stock Exchange.
Mondi completes acquisition of Turkish packaging firm Olmuksan
By Philippa Larkin
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PACKAGING and paper company Mondi said yesterday that it had completed the acquisition of leading Turkish corrugated packaging player Olmuksan as it grows its international footprint.
Mondi chief executive Andrew King said: “We are delighted to have completed this acquisition, which significantly strengthens our position in the fast-growing Turkish corrugated market and expands our offering to existing and new customers in the region. We look forward to welcoming the Olmuksan team to Mondi.
Further to the announcement made on January 5, Mondi said all conditions had been satisfied and it had completed the acquisition of 90.38 percent of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret from International Paper for a total consideration of €66 million (R1.1 billion). The implied enterprise value on a 100 percent basis would amount to around €88m, it sai
The Bulgarian Stock Exchange is open for any discussion about future cooperation in our region, said Manyu Moravenon, its CEO. Among other things, he said that the initiative to create an information hub for the countries of the 3 Seas Initiative is very good and proposed regular meetings between the CEOs of the stock exchanges in the region, not informal meetings, but working meetings