Tuesday, 27 October 2026Independent English edition
SECTION

Business & Investment

Companies, entrepreneurship, trade and investment opportunities.

Turkey Compass data graphic showing Turkey's September 2026 exports at 26 billion dollars, up 15.4%, with the five leading provinces01Editorial visual
Business & Investment

Turkey's September exports jumped 15.4% to $26bn — five provinces supplied most of the volume

Nine-month exports reached $211bn. Istanbul and Kocaeli alone generated more than a third of September shipments, while Mersin recorded the fastest rise among the top ten.

6 min read · today, 14:21
Turkey Compass explainer showing the 30 November enrolment date and five-day legal clock for Turkey's tax e-notification system02Editorial visual
Business & Investment

Turkey sets new tax e-notification deadlines for businesses and first vehicle registrations

Existing businesses covered by the rule have until 30 November to activate e-notification if they are not already enrolled; new taxpayers get 15 days, while certain first vehicle registrations require activation beforehand.

6 min read · today, 03:22
Turkey Compass graphic showing a Turkish company ledger, foreign-currency exposure and the TCC Article 376 deadline moving to 1 January 202803Editorial visual
Business & Investment

Turkey extends TCC Article 376 balance-sheet relief to 2028

Companies may continue using the temporary calculation option for capital-loss and balance-sheet insolvency tests until 1 January 2028. The change extends a deadline; it does not cancel losses or directors’ duties.

6 min read · today, 06:05
Turkey Compass chart showing Turkey industrial production down 1.9% annually and 1.0% monthly in August 2026, with manufacturing down and mining and energy up04Editorial visual
Business & Investment

Turkey's industrial output fell 1.9% in August as manufacturing weakened

Industrial production declined 1.0% from July and 1.9% from a year earlier. Manufacturing fell while mining and energy rose, leaving investors with a split—not uniform—signal.

7 min read · today, 11:19
Turkey Compass data graphic comparing Turkey's Q4 2026 export expectations index of 96.9 and import expectations index of 115.4 against the neutral level of 10005Editorial visual
Business & Investment

Turkey's Q4 trade survey sends a split signal on exports and imports

The export expectations index fell below neutral to 96.9, while the import index rose to 115.4. The survey is a sentiment indicator, not a trade forecast.

7 min read · today, 14:42
Turkey Compass service graphic showing the MERSİS maintenance window on 9 October 2026 from 19:00 to 21:0006Editorial visual
Business & Investment

Turkey's MERSİS company registry to go offline for two hours on Friday

The Trade Ministry says MERSİS and every connected application will be unavailable from 19:00 to 21:00 on 9 October.

4 min read · today, 13:36
Explanatory graphic showing a Turkish industrial facility, two monthly compliance days and the 1 January 2027 contract deadline07Editorial visual
Business & Investment

Turkey changes environmental-management service rules for regulated businesses

A regulation published on 6 October sets minimum monthly service days, revises fee floors and gives many existing contracts until 1 January 2027 to be aligned.

6 min read · today, 01:23
Turkey Compass data graphic showing Turkey's September 2026 exports, imports, goods deficit and export coverage ratio08Editorial visual
Business & Investment

Turkey's September exports jump 15.4% as the goods deficit narrows

Exports reached $25.976bn while the monthly trade deficit fell 24.8% to $5.232bn. Intermediate and capital goods led the export increase.

7 min read · today, 16:20
Data graphic comparing AI adoption among people and enterprises in Turkey in 2025 and 202609Editorial visual
Business & Investment

AI use in Turkey nearly doubles among people and businesses

TÜİK says generative-AI use reached 37.6% of people aged 16–74, while 14% of enterprises with at least 10 employees used an AI technology. The business figure does not cover micro-enterprises.

7 min read · today, 11:21
Turkey Compass chart comparing Turkey's services, retail and construction confidence indices in September 202610Editorial visual
Business & Investment

Turkey's retail confidence rose in September as construction stayed cautious

Retail confidence increased 1.1% to 111.3 and services held at 111.9. Construction slipped to 83.0 even as current orders improved.

5 min read · today, 13:20
Turkey Compass graphic explaining Türkiye's green-taxonomy tests, reporting metrics and 2029 transition11Editorial visual
Business & Investment

Türkiye's green taxonomy is now in force — mandatory finance reporting waits until 2029

The new regulation creates a national classification for sustainable activities and disclosure metrics. It is effective now, but regulated financial institutions receive a reporting transition until 1 January 2029.

6 min read · today, 00:26
Turkey Compass split chart showing Turkey retail sales volume up 10.4% and total trade volume down 0.6% in July 202612Editorial visual
Business & Investment

Turkey's retail sales grew 10.4% while total trade volume fell: how both can be true

TÜİK's July data show retail volume up 10.4% year on year, but total trade down 0.6%. Wholesale and vehicle trade explain the split.

6 min read · today, 10:24
Turkey Compass chart showing Turkey's manufacturing export climate index rising from 52.2 in July to 52.7 in August 2026, a 27-month high13Editorial visual
Business & Investment

Turkey’s export climate reached a 27-month high as US and European demand improved

The manufacturing export climate index rose to 52.7 in August, its strongest reading since May 2024. The survey signal is positive, but it is not a growth rate or an earnings forecast.

6 min read · today, 14:19
Turkey Compass data graphic showing Turkey enterprise e-sales, paid cloud, social-media use and reported cyber incidents14Editorial visual
Business & Investment

Turkey’s business digital gap: e-sales grew, but paid-cloud use remained at 20.2%

TÜİK says 17.1% of enterprises made e-sales in 2025 and 20.2% used paid cloud services in 2026. Hospitality led e-sales while reporting relatively low cloud adoption.

7 min read · today, 11:19
Turkey Compass data graphic showing Turkey industrial production down 0.3% annually and 1.0% monthly in July 202615Editorial visual
Business & Investment

Turkey’s industrial output slipped in July: what investors should watch next

TÜİK says industrial production fell 1.0% from June and 0.3% from a year earlier. Manufacturing was slightly positive annually while mining and utilities contracted.

6 min read · today, 10:24
Turkey Compass diagram of KOSGEB's ₺30–75 million competitiveness finance, deadline and eligibility routes16Editorial visual
Business & Investment

KOSGEB opens ₺30–75m competitiveness finance: who can actually apply

Applications run from 7 to 30 September 2026, but an active Turkish company is only the starting condition. Applicants must also satisfy one of four export, R&D, technology or Turcorn routes.

8 min read · today, 20:20
Turkey Compass chart showing TRY169bn of Turkish R&D tax incentives and the distribution between SMEs and large enterprises in 202517Editorial visual
Business & Investment

Turkey's R&D tax incentives reached TRY169bn, but large companies received most of the value

Indirect R&D incentives rose 59.5% in 2025. SMEs were 89.5% of beneficiary enterprises, yet large businesses received 61.8% of the total amount.

8 min read · today, 11:18
Turkey Compass data graphic showing Turkey's $124.9bn services exports, $61.9bn imports and 48.1% travel share in 202518Editorial visual
Business & Investment

Turkey's services exports reached $124.9bn in 2025 as digital sales accelerated

Services exports rose 6.5%, led by travel and transport, while telecommunications, computer and information services grew 25.3%. The country recorded a $63.0bn services surplus.

8 min read · today, 10:19
Turkey Compass chart showing Turkey producer prices up 27.95% annually, 2.57% monthly and energy up 6.99% in August 202619Editorial visual
Business & Investment

Turkey producer prices rose 2.57% in August as energy costs accelerated

Domestic producer inflation reached 27.95% annually. The monthly pace strengthened from July, led by a 6.99% rise in the energy main industry group, but the index is not a retail-price forecast.

7 min read · today, 11:34
Language-neutral Turkey Compass graphic showing an NFC passport, video identity check, address verification and SWIFT transfer controls20Editorial visual
Business & Investment

Turkey opens remote investment-account ID checks to foreigners — with NFC passport and SWIFT limits

Foreign nationals may now be verified remotely by Turkish brokers, portfolio managers and crypto providers. The route requires a chip passport and sharply restricts transfers.

7 min read · today, 06:20
Original Turkey Compass chart separating HubX's up-to-$75-million funding from its $1.275-billion private valuation21Editorial visual
Business & Investment

Turkey gets its first mobile-app unicorn as HubX reaches a $1.275bn valuation

The İzmir-founded technology company raised up to $75 million from Point72 Private Investments. The private valuation is a signal for Turkey's software exports, not a listed investment opportunity.

6 min read · today, 18:18
Original Turkey Compass chart showing Turkey's 2% and 4% off-exchange share-sale thresholds and SPK approval step22Editorial visual
Business & Investment

Turkey sets 2% and 4% limits for certain off-exchange share sales — what investors should know

SPK now requires prior approval when specified shareholders exceed a rolling 12-month off-exchange sale limit. The threshold depends on whether a company's free float is above 50%.

6 min read · today, 04:18
Turkey Compass comparison of Treasury interest discounts for Turkish artisan loans when tax or SGK debt exists23Editorial visual
Business & Investment

Turkey opens a narrower subsidised-loan route for artisans with tax or SGK debt

Eligible artisans are no longer excluded solely because of unresolved public debt, but they receive lower Treasury interest discounts and still need bank approval.

7 min read · today, 15:22
Turkey Compass diagram of Turkey's employment-retention support test, TRY 3,500 performance formula and supported-loan route24Editorial visual
Business & Investment

Turkey rewrites employment-retention support rules; no new application date yet

A 28 August regulation changes payroll tests, sector support and credit calculations, but it does not itself reopen applications for Turkish manufacturers.

8 min read · today, 03:32
Turkey Compass infographic showing formal ratification, the 2 GW first phase in Sivas and Karaman, and the separate 3 GW future phase25Editorial visual
Business & Investment

Turkey ratifies Saudi renewable-energy deal: what changed on 28 August

The formal approval covers a previously signed programme led by 2 GW of solar projects in Sivas and Karaman; it is not a new overnight investment announcement.

7 min read · today, 02:25
Original Turkey Compass infographic showing 4.02 million active enterprises, 20.1 million jobs and key sector shares in Turkey in 202526Editorial visual
Business & Investment

Turkey counted 4.02 million active enterprises in 2025 — what the structure tells investors

Preliminary TÜİK data show services and trade dominate business numbers, while industry carries a larger employment and production role than its enterprise share suggests.

7 min read · today, 13:26
Original Turkey Compass infographic explaining Turkey's 2026 emissions trading thresholds, permits, reporting and pending market parameters27Editorial visual
Business & Investment

Turkey has set the rules for its carbon market — but no allowance price yet

The new emissions-trading regulation defines permits, reporting and market architecture for large installations while leaving the pilot timetable and price to later decisions.

8 min read · today, 03:27
Turkey Compass chart comparing the five largest exporting provinces in Turkey and the five biggest annual gains in July 202628Editorial visual
Business & Investment

Turkey’s July exports reached a record $25.6bn as three provinces drove most of the gain

Mersin, İzmir and Antalya generated 64.3% of the annual increase, while Istanbul remained the largest exporting province by value.

7 min read · today, 06:27
Turkey Compass data graphic comparing August 2026 confidence and forward expectations in Turkey's services, retail and construction sectors29Editorial visual
Business & Investment

Turkey's construction confidence fell to 83.1, but hiring expectations improved

Confidence eased in services, retail and construction in August, yet forward-looking demand, sales and employment measures moved higher.

7 min read · today, 22:26
Industrial and portable batteries prepared for EU product labelling30Editorial visual
Business & Investment

EU battery labels: the 18 August date is not the whole compliance deadline

Turkish exporters should prepare product data and capacity labels, but EU law ties the start date to a later implementing act as well as 18 August 2026.

4 min read · today, 12:30
Construction site and Turkey's June construction output figures31Editorial visual
Business & Investment

Turkey's construction output fell 6% year on year in June

The TÜİK index measures the physical volume of construction activity, not house prices or the number of completed sales.

5 min read · today, 08:05
Work on a large construction site in Turkey32Editorial visual
Business & Investment

Construction production decreased by 3%: how to read a signal to an investor

In May, building work fell 4.5% year over year, while infrastructure construction rose 6.2%.

6 min read · today, 07:48
Handing over keys to a home buyer under a mortgage transaction33Editorial visual
Business & Investment

Mortgage home sales in Turkey increased by 72.1%: what is behind the figure

In June, 25,993 mortgage transactions were registered, but the six-month picture of the market requires a more cautious assessment.

7 min read · today, 08:39
Shoppers on a busy shopping street in Turkey34Editorial visual
Business & Investment

Checking the numbers: consumer confidence has increased, but there is still no optimism

The consumer confidence index rose to 89.8, but a reading below 100 still indicates a cautious mood.

5 min read · today, 07:57
Documents and calculations for opening a company in Turkey35Editorial visual
Business & Investment

Opening a business in Turkey: what to check before registering a company

Market, permits, taxes, bank and operating expenses before the first signature.

8 min read · today, 08:17