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Turkey

September 21, 2020

The next generation of family business leaders say they first learned of the extent of their family wealth on average aged 31 and two-thirds feel this was about the right time, but when, how and even if that education takes place is highly debatable.

The next generation of family business leaders say they first learned of the extent of their family wealth on average aged 31 and two-thirds feel this was about the right time, but when, how and even if that education takes place is highly debatable.

May 9, 2020

Goodsted is a platform for socially purposeful individuals and organisations who would like to volunteer their skill or donate other resources to non-profit social projects. Award-winning founder Selin Yigitbasi-Ducker, a fourth generation member of Turkish conglomerate Yasar Holdings, talks about her passion for social change, product design challenges, and inadvertently benefitting from being a next-gen.

Goodsted is a platform for socially purposeful individuals and organisations who would like to volunteer their skill or donate other resources to non-profit social projects. Award-winning founder Selin Yigitbasi-Ducker, a fourth generation member of Turkish conglomerate Yasar Holdings, talks about her passion for social change, product design challenges, and inadvertently benefitting from being a next-gen.

Where did the idea for Goodsted come from?

February 19, 2020

Walmart is disappointed with festive consumer spending and Asda but online sales up 35%, JCB cuts UK production as the coronavirus hits Chinese suppliers, and fifth-generation US newspaper dynasty McClatchy Co files for bankruptcy.

Walmart disappointed with festive consumer spending and Asda but online sales up 35%.

Walmart, the world’s biggest family business with $524 billion in revenue and an economic bellwether, says holiday sales were weaker than anticipated despite online sales jumping 35% in the fiscal year.

October 2, 2019

JCB digs into record sales against softening markets, IKEA assembles 5% increase in sales after transformation, American, Chinese sales help brew 39% profit for illycaffe.

JCB digs into record sales against softening markets

Bamford family-controlled manufacturer JCB says growth has stalled, especially in its biggest market India, despite sales increasing by almost a quarter last year.

February 14, 2014

Turkish next-gens are placing greater importance on corporate governance and professionalisation of their family businesses than preceding generations, according to new research released today.

Turkish next-gens are placing greater importance on corporate governance and professionalisation of their family businesses than preceding generations, according to new research released today.

November 20, 2013

Second-generation conglomerate Doğan Holding started out in the automotive industry and now operates in several sectors. The company is optimistic about growth, but the delicate political situation in Turkey means the future won’t be without its difficulties.
 

Second-generation conglomerate Doğan Holding started out in the automotive industry and now operates in several sectors. The company is optimistic about growth, but the delicate political situation in Turkey means the future won’t be without its difficulties.

 

 

 

November 18, 2013

Conglomerates founded in the years following the fall of the Ottoman Empire continue to dominate family business in Turkey today. CampdenFB examines the newly industrialised economy’s family business landscape.

Turkey’s family business sector is led by conglomerates, which represent some of the largest institutions in the transcontinental country. Family firms – of all sizes – represent 90% of the nation’s companies, and the largest of them all, Koç Holding, accounts for 9% of GDP.

August 14, 2013

The third-generation CEO of the Marti hotel business is known to Istanbul’s clubbers as DJ Red Owl. 

February 28, 2012

It’s been a good week for three of Europe’s biggest family businesses, although Denmark’s Moller-Maersk Group has been hit by “voltatile markets”.

It’s been a good week for three of Europe’s biggest family businesses, although Denmark’s Moller-Maersk Group has been hit by “voltatile markets”.

German carmaker Volkswagen said revenues jumped 25.6% to €159.34 billion in 2011, from €126.88 billion in 2010.

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