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ALCAN
Turkish Lawyers

 


ALCAN Law Firm
was founded in 1973, during the course of its 36 years history, law firm has become one of the leading law firms and a point of reference in the legal field in Turkey, with a well established international reputation for excellence in its many fields of expertise. Alcan provides comprehensive legal services to companies, institutions and governmental authorities, whether Turkish or from overseas.

 Turkish Lawyer, Turkish property lawyer The law firm's diverse practice areas encompass all major areas of the law including: 

Turkish Energy Market, Privatization in Turkey, Mergers and Acquisitions, Real Estate Law and Construction, Corporate Law, Commercial Law, Investment in Turkey, Insolvency and Bankruptcy Law, Banking Law, Business Law, Aviation Law, Maritime Law,
International Trade Law, Securities Law, Tax Law, Capital Markets Law, Communications & Media Law, Competition Law, Consumer Law, Environmental Law, Financial Leasing Law, Foreign Exchange, Information Technology, Labor Law, Telecommunications, Family Law, Franchise Law, Insurance Law, Education, Intellectual Property (Patent, Trademark, Design, Know - How), Health, Administrative Law, Criminal Law.

ALCAN has built a strong reputation for providing progressive advice by anticipating and preparing for changing economic and business conditions. As our clients have become more active domestically and globally, Alcan has expanded to meet their needs. Since establishing the firm in Istanbul in 1973, Alcan has become an integral part of Turkish business community.

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 Turkish Lawyer, Turkish property lawyer Turkey Electricity (new Turkey Power Report)

Turkish thermal generation in 2007 was around 147 TWh, accounting for 11.36 percent of the regional total, whereas in 2013, it will account for 13.73 percent of thermal generation. For Turkey, gas was the dominant fuel in 2007, accounting for 31 percent of the primary energy demand (PED), followed by oil at 30.6 percent, coal at 30.5 percent, and hydro at 7.9 percent.

The country's power consumption is expected to increase from an estimated 147.8 TWh in 2007 to 176.7 TWh by the end of the forecasted period, while exports are foreseen to rise from an estimated 43.1 TWh in 2007 to a forecast 96.7 TWh in 2013, assuming 6.5 percent annual growth in electricity generation.

 Turkish Lawyer, Turkish property lawyer Turkey to invest more in geothermal energy

Hilmi Guler, the Turkish Minister of Energy and Natural Sources, stated that Turkey will invest more in geothermal energy as part of a planned USD 120 billion investment program by 2020.

"Around USD 120 billion will be invested by 2020 in the Turkish energy sector and geothermal energy will have a substantial share of that", Hilmi Guler told news reporters before the opening of an international geothermal energy workshop in Istanbul.

Guler said the government introduced new legislation on renewable energy resources, calling on private investors to take advantage of the country's geothermal potential, which he said is the greatest of Europe.

 Turkish Lawyer, Turkish property lawyer Wind energy production tripled

Wind energy production increased by 195 percent in Turkey last year.

Turkey, having produced 147 megawatts (MW) of wind energy by the end of 2007, reached 433 MWs of capacity with 286 MWs realized last year.

According to the European Wind Energy Union (EWEA) data, Turkey having ranked 16th in Europe in 2007 year-end results, advanced to 14th position at the end of last year getting ahead of Belgium and Norway.

 Turkish Lawyer, Turkish property lawyer Turkish banks’ value soars amidst financial crisis

Turkey’s Isbank was the bank that leapt most in the ranking for 2008.

As global giants such as Lehman Brothers and Bear Stearns bankrupted and rivals such as Citigroup and Merrill Lynch eroded in market value, Isbank ranked 84th most valuable financial institution of 2008. The Turkish bank stood as 190th in the 2007 list. The market value of Isbank rose to USD 1.2 billion, from USD 557 million in 2007, the survey showed.

Turkey’s Yapi Kredi ranked 121st in the 2008 list, while Garanti Bankasi stood as 134th and Akbank as 137th. Halkbank and Turk Ekonomi Bankasi, meanwhile, were able to make it to the list for the first time, as 224th and 323rd, respectively. Vakifbank, Finansbank and Denizbank also made it to the list. Seven of the nine Turkish banks on the list were awarded "A" in brand value in 2008.

 Turkish Lawyer, Turkish property lawyer Istanbul among the top in European realty market

PriceWaterhouseCoopers (PwC) released its findings of Emerging Trends in Real Estate Europe 2009. PwC indicated that Istanbul ranks the third most attractive market for both commercial and real estate investments. According PwC's poll, investors mostly recommend buying in the fields of lodging, retailing, office, residence and industrial facilities. Istanbul, in this aspect, leaves behind many competing European cities.

 Turkish Lawyer, Turkish property lawyer Privatization full steam ahead in Turkey

Metin Kilci, President of the Turkish Privatization Administration, said two contracts of regional electricity distribution, highways and bridges as well as National Lottery and sugar plants are within the privatization program. Kilci added, “In this respect, Turkey ranks the first among the emerging economies likely to attract investment”.

Turkish Lawyer, Turkish property lawyer The number of foreign companies operating in Turkey

The number of foreign companies operating in Turkey reached 22,505 in June, according to data issued by the Turkish Undersecretariat of Treasury. Of the 22,505 foreign businesses in Turkey, 17,725 were newly established, while 4,216 are subsidiaries of other companies and 564 are branches of international companies. Some 54.7 percent -- 12,312 -- of all foreign companies in the country are from the European Union.

German companies take the lead in the list of foreign businesses in Turkey with 3,852, while UK companies follow with 2,123, and some 1,723 enterprises are from the Netherlands. These are followed by Iran with 1,089 companies and the US with 974 companies. Excluding those from the three countries in the top five, the number of companies from the EU is 4,605. The Turkish market also has 3,823 companies from the Middle East.

With regard to fields of operation, the majority of foreign companies in Turkey are in the retail business, followed by manufacturing and real estate. Some 6,638 are in retail, while 3,941 operate in the manufacturing sector and 3,645 work in the real estate business. Apart from these, the other fields that foreign companies operate in are transportation, communications, construction and hotel management. Foreign businesses are most commonly found in Istanbul, while Antalya and Ankara also host many foreign companies. Istanbul is home to some 12,278 foreign businesses, while there are 2,854 in Antalya, and 1,488 in Ankara.


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