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Telecommunication Law Amended, Laws Numbered 5397 and 5651 Authorization in Electronic Communication
Operators are Subject to Additional Liabilities Arising From Laws Numbered 5397 and 5651: The Regulation on Authorization in Electronic Communication Market has been amended,Operators of Fixed Line Services (FLS) are obliged to provide a Minimum Capital Amount of 1.000.000 TL #telecommunication #turkishbusiness #turkishlaw5397 #turkishlaw5651 #fixedlinetelecommunicationsamendmentlaw #telecomslaw #turkey
$400m Joint Investment Agreement: The Russian Direct Investment Fund and Renaissance Holding of Turk
Jointly investments in the healthcare and infrastructure sectors, using public private partnership (PPP) models, transport and commercial real estate projects, as well as the construction of new shopping centres in the projects across Russia’s regions - big step toward a bilateral trade goal of $100 billion a year. Renaissance Holding of Turkey will need Regional Expansion Investment Strategy across regions in Russian Federation and top quality, cost-effective legal support b
Rusya Pazarında İş Yapmanın Püf Noktaları
Rusya ve Türkiye arasındaki ekonomik ilişkilerin gelişmesiyle birlikte, iki ülke vatandaşları karşılıklı olarak birçok sektörde yatırım yapmaya başladı.
Zaman zaman hukuki problemlerle karşılaşan yatırımcıların sorunlarını, Av. Dr. Harun Kılıç ile Rusya Sesi için özel röpörtaj. Türkiye pazarında faaliyet gösteren Rus işadamları, tıpkı Rusya ile çalışan Türk girişimciler gibi sıklıkla hukuki sorunlarla karşılaşıyor. Çoğu sıkıntı, hukuki risklerin analiz edilmemesinden kaynak
A EUR 55 million loan from the EIB to TOFAS under the EU InnovFin program will increase competitiven
The European Investment Bank (“EIB”) has concluded a EUR 55 million agreement with one of Turkey’s main car manufacturers Türk Otomobil Fabrikası A.Ş. (“TOFAS”) for the R&D project. This is the first EIB loan to a Turkish company within the framework of the InnovFin – EU Finance for Innovators under the EU Horizon 2020 Financial Instruments (“InnovFin”). #competitionlaw #crossbordertransactions #eucorporatelaw #eucompetitionlawyerteam #investinginturkey #turkey #borsavefinans
Along with the Article 88 of the Omnibus Bill an additional Article has been added
Water Stuctructures Wıll Be Inspected Along with the Article 88 of the Omnibus Bill, an additional Article has been added to the Law on Organisation and Duties of General Directorate of State Hydraulic Works (the Law Numbered 6200) which includes water structures in the scope of administrative surveillance. As for the Additional Article 6 of the Law Numbered 6200, water structures which are subject to surveillance are stated as follows; #energymarketturkey #energysuppliersli
Internet Regulation in Omnibus Bill
The Code Numbered 6552 known as “Omnibus bill” has been published on Reiterated Official Gazette dated 11.09.2014. Along with Articles 126 and 127 of “Omnibus bill”, some articles of the Code Numbered 5651 on Regulation Broadcasting in the Internet and Fighting Against Crimes Committed through Internet Broadcasting (the Code Numbered 5651) have been amended. #internetregulationturkey #turkey #telecommunication
Ferrero is authorized to buy Turkey’s largest hazelnut manufacturer
On 12 September 2014, the European Commission had decided to clear the way for Ferrero’s buyout of Turkey’s largest hazelnut manufacturer Oltan, stating that the buyout would not raise any anti-competition concerns within the EU. The European Commission received a notification of the proposed purchase of Oltan by the Italian company Ferrero International on 7 August 2014. #buyout #purchase #mergersandacquisitions #turkey
Arbitration Award decides against Iran on $760 million
Arbitration Award decides against Iran, in an arbitration dispute over the purchase price of natural gas. Iran will have to pay $760 million to the BOTAŞ (Turkish Oil Pipelines Corporation), and also might reduce the unit price for gas it sells to Turkey. Earlier the decision be rendered the Turkish Energy Minister Taner Yıldız had announced that Turkey would be willing to buy more Iranian gas in case that Iranian gas were exported by lower prices Background of the case The
EMRA Introduced New Amendments On Procedures And Principles To Be Applied To Auditing, Preliminary S
EMRA (Energy Market Regulatory Authority in Turkey) has made certain amendments on the auditing principles of the companies operating in electricity market with “Regulation on Amendments on Procedures and Principles to be Applied to Auditing, Preliminary Survey and Investigation of Companies That Operate in Electricity Market” (Regulation), came into force with Official Gazette numbered 29104, dated 30.08.2014. According to the most important reform introduced with this Regul
Suppliers with special charge in Electricity Market
Suppliers with special charge in Electricity Market Pursuant to EMRA’S board decision on 12.09.2012, operations of retail and wholesale electricity, operated by distribution companies shall be carried out within different legal entities from 01.01.2013 on. Therefore, “Supplier Companies With A Special Charge” is regulated by the Code of Electricty Market Numbered 6446 (the Code). Pursuant to the Code, a supplier company in the electricity market, is a legal entity which deals