Turkish Daily News, 96-06-29
From: Turkish Ministry of Foreign Affairs <http://www.mfa.gov.tr>
TURKISH DAILY NEWS
29 June 1996
CONTENTS
[01] Ziraat Bankasi signs joint venture with Macedonian bank
[02] Mercedes Turkish subsidiary wins largest ever bus contractin Russia
[01] Ziraat Bankasi signs joint venture with Macedonian bank
Turkish Daily News
ANKARA- Turkey's state-run Ziraat Bankasi has signed a preliminary
agreement to launch a joint banking venture with Macedonia's Komercijalna
Banka AD/Skopje.
The agreement ceremony took place at the Turkish Presidential Palace on
Friday, the semi-official Anatolia news agency said.
It said the new banking venture will have an inauguration capital of DM 22
million which will be paid by the two banks in equal terms.
Ziraat Bankasi General-Manager Veli Salih Sevki Doruk said that the bank
would contribute to the development of economic relations between the two
countries.
He also said that the preparations to open branches in Tirana, Sofia and
Bucharest were also in progress.
[02] Mercedes Turkish subsidiary wins largest ever bus contractin Russia
Turkish Daily News
ANKARA- Mercedes Benz Turk A.S., the Turkish subsidiary of the German
vehicle manufacturer Mercedes Benz, will supply a total of 904 buses to the
Russian Federation, the Anatolia news agency reported from Moscow.
Mercedes Benz Turk won a contract in the Russian capital for the procurement
of buses to be used for inner city transport in 13 Russian cities. Anatolia
said this was the largest ever bus contract in Russian history.
A major part of the buses will be manufactured in Istanbul and 160 of them
will be assembled in the Gloz Bus Plant near Moscow.
The Russian Federation will also need 18,000 busses for inner city
transport and 5,000 coaches, according to Russian Transport Ministry
officials.
Anatolia also said 56 other provinces have also applied to the ministry for
similar tenders.
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