ISTANBUL LIFE BUSINESS

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ISTANBUL LIFE BUSINESS

Business develops fast like always, canít we all tell, just looking at the number of flags at the home page of www.istanbullife.org....

The spirit of the World Cup and the joy of seeing the  colors of all nations resides in Turkey and eveyone in Istanbul is now talking about the players, their sports clubs and the profound characteristics of each team, including their cultures and the new business opportunities in each country. 

Sports success stories  prove to be one of the most effective ways of marketing communications. Letís take a look at some sports industry issues where Turkey crosses her fingers and works diligently. First of all,  to bring Formula 1 to Turkey. It is widely discussed in wide specturum especially after Michael Schumacher visited Turkey this past month for the introduction of the new FIAT Palio. The automative industry is highly impressed by the capacity and the capability of the group and its operations in Turkey.

Especially football, is one major developing sector in Turkey. Club level achievements and championships titles won by Galatasaray lifts spirits in a fashionable and its own unique way. Galatasaray builds on its reputation of being one of the only global brand in Turkey.  Effective merchandising and retailing is vital for profitability and the clubs are looking to transfer players from several countries to expand their distribution channels. Way to go and good luck to all the sports clubs on  the fair play ground. Letís keep in mind that each European Football Club has to meet the newly set criterias of UEFA by 2004.

In addition, I want to bring your attention to Hido Turkoglu, from  the NBA  Western division finalist, Sacramento Kings and Ibo Kutluay , the magic hands from Panathinaikos of   Greece, the European Basketball Champions of 2002. They became Turkeyís heartbeat.

Now letís touch bases with up to date business opportunities in Istanbul. Competitive industries are tourism, textiles, IT and capital markets.

 Looking at two Tís Tourism and Textiles, the timing is right. For those who are interested in visiting Istanbul, they will not only see the benefits of cheap travel, they will also take advantage of the quality shopping. Investment opportunities are endless in both sectors where many Turkish Businesses are looking to acquire international strategic partners. We always keep in mind that itís not the price we pay, itís the value we get, and that, all Istanbullife.org.team guarrantees.

IT companies are clustering in a unique way. Many start-ups are flourishing and are positioning themselves for a soft launch. This is really exciting due to the fact that IT will foster communications and will develop business relations world wide.

Capital markets are becoming more interesting, experts notes that stocks are undervalued and foreign direct investment awaits certanity on political developments.

For all things good and beatiful, dear readers of Istanbullife.org, So long for now.....

Nihat Dincmen, is a senior consultant for an international non-government organization which specializes in business competitiveness and industrial strategy .

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