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...Cola Turka's share at around 10% of the 1.2 billion-liter local market. Manufacturer Ulker is aiming for 25%; Coca-Cola now takes just over half and Pepsi around 40%. Are the U.S. producers scared? Maybe - they just cut their prices by up to 10%. - By Pelin Turgut Orange Again France Télécom offered over $7 billion to buy the minority 13.7% share in its lucrative cell-phone unit Orange, less than three years after spinning off the stake. The state-owned group is eyeing the increasing cash flow at Orange - Europe's third-largest mobile...

Author: /time Magazine | Title: Biz Watch | 9/7/2003 | See Source »

...stronger than ever. The Uzan business empire is built on humble foundations. The patriarch of the Uzan clan, Kemal, the son of a Bosnian farmer who emigrated to Turkey in the 1920s, built a construction empire in the 1970s and '80s, benefiting from close ties with then Prime Minister Turgut Özal, who in effect brought capitalism to the country. Cem Uzan's initial enterprise was to launch Turkey's first private TV channel, Star TV, together with Özal's son, Ahmet, in 1989. The privatization boom of the 1990s allowed the Uzans to expand into other media...

Author: /time Magazine | Title: Not Just Business As Usual | 7/27/2003 | See Source »

...this mainly Muslim, albeit secular, country. Like Coke and rock 'n' roll, jeans arrived with American G.I.s in the '50s. They became a leftist uniform in the '70s, but it wasn't until the '80s with the advent of liberal leader - and fan of all things American - Turgut Ozal that they gained mass acceptance. A largely youthful population - some 55% of Turks are under the age of 25 - fueled the rise of Mavi, and by 1996 it had overtaken Levi's as the country's No. 1-selling jeans brand. That same year, Akarlilar invested $20 million...

Author: /time Magazine | Title: Making the Perfect Fit | 2/23/2003 | See Source »

...says Dertli, "most Europeans don't even know we exist." The building is Berlin's Anatolian Alevi Culture Center, one of nearly 300 such facilities scattered across Europe. Delegates from 165 centers converged on Brussels this summer to form a pan-European Alevi Union, something unheard of back home. Turgut Öker, who heads the union, hopes the organization's existence will speed the process of reform and help bring Turkey into the European Union. Non-Muslims enjoy religious freedom in Turkey, but the 98% of the population who are Muslims must study a Sunni-based Islamic curriculum designed...

Author: /time Magazine | Title: Carrying the Flame | 10/6/2002 | See Source »

Turkish President Turgut Ozal, who was giving a speech on his country's role in the "new world order," was met with a crowd condemning Turkish presence in the Balkans and Cyprus...

Author: By Mohammed N. Khan, | Title: Protesters Demand Turkish Civil Rights | 2/3/1993 | See Source »

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