Impressive growth potential with tissue consumption at less than half the west European average

Turkey is an emerging market country with the 17th largest economy in the world ($2.133 Trillion GDP). GDP growth has been strong, averaging 6% CAGR until recently, with concerns over the current account balances and depreciating value of the Turkish lira versus the dollar. This has tempered investor confidence at a time when the economy is dependent on...

Turkey: economy, urbanisation and expansion of modern grocery retail drives growth in tissue

Steady growth of Turkey’s economy Turkey has demonstrated an outstanding economic growth performance over the last 15 years. GDP has tripled, and the number of foreign enterprises has increased more than fivefold, largely thanks to harmonising its laws and regulations with EU standards. In 2017, although the Turkish lira markedly depreciated against...

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