Made In Türkiye June 2024
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>June</strong> <strong>2024</strong><br />
Take cover for<br />
summer with<br />
Acqua Perfection SPF<br />
50 Sunscreen Spray!<br />
Using sunscreen for your face is one of the<br />
most important steps to keep your skin<br />
young and healthy.<br />
Acqua Perfection SPF 50 sunscreen spray<br />
provides an extra shield of protection against<br />
harmful rays from the sun with its high anti<br />
UVB effect and unique anti UVA performance.<br />
It contains Centella asiatica, panthenol<br />
(Vitamin B5) and aloe vera to protect you<br />
against the harmful effects of the sun while<br />
regenerating cells and providing moisture.<br />
Centella asiatica supports skin regeneration,<br />
while panthenol (vitamin B5) moisturizes<br />
and repairs the skin. Aloe vera calms and soothes<br />
the skin. Page 3<br />
The secret to<br />
moisturized and<br />
youthful skin from<br />
FOREO<br />
FOREO, the world’s leading skin technology<br />
brand known for its innovative approach<br />
to beauty, continues to build on the<br />
success of its expanding skincare portfolio.<br />
Designed for tired, dehydrated skin showing<br />
the first signs of aging, SUPERCHARGED<br />
Barrier Restoring Essence Mist becomes the<br />
path to a hydrated and youthful complexion.<br />
The first step in your morning and evening<br />
skincare routine after cleansing, this mist is<br />
ideal for refreshing your skin throughout the<br />
day and leaving it instantly soft and supple.<br />
This regenerating facial mist is the latest addition<br />
to the SUPERCHARGED collection,<br />
which tightens the skin and boosts collagen<br />
for a youthful effect. Page 3<br />
The power of holistic<br />
care for your eyes<br />
with gülsha<br />
Turkish-Algerian relations up<br />
<strong>Türkiye</strong> and Algeria share common history as well<br />
as deep-rooted cultural and brotherly ties. Bilateral<br />
relations have gained impetus over the past years. The<br />
“Friendship and Cooperation Agreement”, which was<br />
signed during the visit of the then Prime Minister<br />
Erdoğan to Algeria in 2006, is a strong foundation on<br />
which bilateral relations are based. During the visit of<br />
President Erdoğan to Algeria in February 2018, various<br />
aspects of the bilateral relations were taken up and both<br />
sides have reiterated their readiness to further deepen<br />
bilateral ties.<br />
The Ministry of Trade and the Promotion of<br />
Exportation, under the High Patronage of the President<br />
of the Republic, Mr. Abdelmadjid TEBBOUNE, and<br />
in collaboration with the Algerian Company of Fairs<br />
and Exports (SAFEX), organizes the 55th <strong>In</strong>ternational<br />
Fair of Algiers (FIA), at the Palace of Exports, based<br />
in Pains Maritimes – Algiers, 24-29 <strong>June</strong> <strong>2024</strong>. Turkiye<br />
is the honorary participant at this year’s edition of the<br />
fair. SAFEX is a leader in the events sector, organizing<br />
national, international, local and regional economic<br />
events and exhibitions in Algeria. SAFEX is also the<br />
official organizer of Algeria’s participation in trade<br />
fairs and exhibitions abroad. The fair is expected to<br />
be an excellent meeting point for businesses<br />
trading with Algeria and most part of Europe<br />
located below Algeria. This north<br />
African country functions<br />
as a passageway to many<br />
African markets. It has<br />
excellent potential itself<br />
for exports and imports.<br />
So, the exposition aims to<br />
promote the national production<br />
and broaden the exportation<br />
out of hydrocarbon, athwart the<br />
national and international important participation.<br />
This will allow to show the different realizations and<br />
New stage in Turkiye-Uzbekistan strategic<br />
partnership and economic relations<br />
President Recep Tayyip Erdoğan has received<br />
his Uzbek counterpart Shavkat Mirziyoyev at the<br />
presidential complex in the capital Ankara for bilateral<br />
talks.<br />
Mirziyoyev attended the seventh meeting of the <strong>Türkiye</strong>-<br />
Uzbekistan High-Level Strategic Cooperation Council on<br />
the first day of his visit. <strong>Türkiye</strong> and Uzbekistan signed<br />
more than 20 agreements during the council meeting. The<br />
meeting aims to build on the “comprehensive strategic<br />
partnership” established two years ago during Erdoğan’s<br />
visit to the Asian country.<br />
The World was<br />
Captivated by the Glitter<br />
of PLMA Amsterdam Fair<br />
“I believe that this important visit, which has great<br />
meaning for us, will further strengthen our cooperation,”<br />
Erdoğan said at a joint news conference with Mirziyoyev.<br />
Noting that Erdoğan’s interest and affection for Uzbekistan<br />
has increased over the years, Mirziyoyev said the meeting<br />
was “very meaningful” and they built “new and stronger<br />
bridges for cooperation.”<br />
<strong>Türkiye</strong> was the first country to recognize Uzbekistan’s<br />
independence in 1991, following the dissolution of the<br />
Soviet Union. A new era is also emerging in trade relations<br />
between <strong>Türkiye</strong> and Uzbekistan. The bilateral trade<br />
volume, which was $1.2 billion in 2016, became $3.1<br />
billion in 2023.<br />
<strong>Türkiye</strong>, which was among the top 5 countries in<br />
Uzbekistan’s foreign trade before 2016, became the<br />
country’s 4th largest trading partner with a share of 5<br />
percent last year.<br />
Meanwhile, First Lady Emine Erdoğan welcomed<br />
her Uzbek counterpart Ziroat Mirziyoyeva, who is<br />
accompanying her husband Shavkat Mirziyoyeva for an<br />
official visit with President Recep Tayyip Erdoğan.<br />
The two first ladies visited the Presidential Library, the<br />
largest library in <strong>Türkiye</strong>. The Uzbek first lady gifted<br />
Uzbek books to the library collection. Page 7<br />
Biotechnological revolution<br />
from Seltek Group!<br />
innovation, and to conclude the winwin<br />
partnerships as well, in the framework<br />
of the investment opportunities, covering different<br />
economic areas.Page 6<br />
Turkish president<br />
receives Algerian<br />
foreign minister<br />
No information disclosed about closeddoor<br />
meeting between Recep Tayyip<br />
Erdogan and Ahmed Attaf<br />
ISTANBUL – <strong>Türkiye</strong>’s President Recep<br />
Tayyip Erdogan received Algerian Foreign<br />
Minister Ahmed Attaf in Ankara, the<br />
Turkish Communications Directorate said.<br />
It is estimated that bilateral and international<br />
issues were discussed at the closed-door<br />
meeting held at the presidential complex.<br />
The main topic of the discussions was the<br />
ongoing Israel-Palestine war as predicted by<br />
experts.<br />
Sapro makes an<br />
innovative<br />
contribution to<br />
biodiversity!<br />
Meet gülsha Rose Essence Eye Cream, global<br />
eye perfector cream (gülsha Rose Beauty<br />
Nectar), the newest member of gülsha,<br />
which takes its power from the moisturizing<br />
and antioxidant properties of essential<br />
rose oil! Page 3<br />
The revolutionary event in the cosmetics and beauty sector<br />
swept the world with the sparkle of the PLMA Amsterdam<br />
Fair. <strong>In</strong>dustry leaders and innovative brands come together<br />
under the spell of the fair to define the beauty trends of the<br />
future.<br />
The PLMA (Private Label Manufacturers Association) Fair, held<br />
in Amsterdam on May 28-29, <strong>2024</strong>, became a significant event<br />
for the global cosmetics and beauty industry. Welcoming participants<br />
from around the world, the fair provided a dynamic platform<br />
to showcase the latest trends, innovations, and products in<br />
the sector. Page 5<br />
<strong>In</strong>ternational Fair of<br />
Algiers paves the way<br />
to new opportunities<br />
Seltek Group, a pioneer in <strong>Türkiye</strong>’s medical aesthetic sector, offers<br />
a revolutionary biotechnological innovation to the service of Turkish<br />
physicians. Developed as a result of R&D studies, “Reinforced<br />
Hybrid Exosomes” stands out as a new generation biotechnology<br />
product by Turkish and international physicians. This innovation<br />
is of great importance in <strong>Türkiye</strong> and worldwide.<br />
Exosomes, the basic building blocks of cells, regulate biological<br />
processes such as tissue regeneration and disease resistance by<br />
providing communication between cells. Seltek Group’s patented<br />
HybrosomeTM Technology provides healing and regeneration<br />
at the cellular level by isolating exosomes and making them<br />
available in the long term. This technology revolutionizes areas<br />
such as anti-aging, skin regeneration, hair loss and wound healing<br />
by carrying the vitamins and minerals that cells need.<br />
Page 10<br />
The best place to expand<br />
your beauty knowledge<br />
Murat Gönül, General Manager at Sapro<br />
Sapro, a leader in the production and export of wet<br />
wipes with its private label products for <strong>Türkiye</strong>’s<br />
and the world’s giant retail companies, continues its<br />
activities based on the principles of sustainability<br />
and environmental awareness. Sapro has registered<br />
the compostability of ‘Newipe® New Generation<br />
Viscose Fabric’ developed with an investment of 30<br />
million Euros with ‘TUV OK Compost Home’ and<br />
‘TUV OK Compost <strong>In</strong>dustrial’ certificates. Page 5<br />
Catering containers of world<br />
aviation giants from Turkish<br />
company
Economic Newspaper <strong>June</strong><br />
2 Please mention<br />
<strong>2024</strong><br />
“<strong>Made</strong> in <strong>Türkiye</strong>” when writing to advertisers<br />
<strong>Türkiye</strong> and Algeria have a lot of values in common. These brethren<br />
countries have common history, religion, culture and more…<br />
When I go to Algiers, I see names of streets, squares, quarters,<br />
mosques, even castles with the names very familiar in my country.<br />
<strong>In</strong> the Kasba region, I see the same shape and atmosphere as I see<br />
in Anatolia and in many parts of Istanbul. As I walk through the<br />
narrow streets on the hillside, I can’t help but dive into the depths<br />
of history. I think I will come across Barbaros Hayreddin Pasha at<br />
some point. I always feel at home in that country.<br />
We are excited to announce that <strong>Made</strong> in <strong>Türkiye</strong> newspaper will<br />
be participating in the upcoming <strong>In</strong>ternational Fair of Algiers (FIA),<br />
where Turkey has the honor of being the honorary guest. This<br />
prestigious event, taking place from <strong>June</strong> 17 to <strong>June</strong> 22, offers a<br />
unique platform for us to showcase the vibrant and dynamic relationship<br />
between <strong>Türkiye</strong> and Algeria.<br />
<strong>In</strong> celebration of this special occasion, we have prepared a dedicated<br />
Algeria issue, highlighting the rich cultural ties, economic<br />
collaborations, and shared aspirations between our nations. Our<br />
team will be present at the fair to distribute complimentary copies<br />
of this special edition, ensuring that attendees can gain valuable<br />
insights into the thriving partnership and opportunities that<br />
lie ahead.<br />
Mehmet Soztutan<br />
Editor-in-Chief<br />
We look forward to engaging with the international community,<br />
sharing stories of innovation and success, and fostering deeper<br />
connections through our publication. Your support and interest in<br />
<strong>Made</strong> in <strong>Türkiye</strong> continue to inspire us to bring you the very best<br />
in journalism and storytelling.<br />
Letter From<br />
The Editor<br />
Mediterranean abundance<br />
THOUGHT OF<br />
THE MONTH<br />
Always listen to experts!<br />
They’ll tell what can’t<br />
be done and why. Then<br />
do it!<br />
World Bank revises up<br />
global growth forecast for<br />
<strong>2024</strong><br />
GDP growth projected at 2.6% this year, 2.7% in 2025-26<br />
ANKARA – The World Bank revised the global growth forecast<br />
for this year to 2.6%, up 0.2 percentage point from its previous<br />
projection.<br />
The figure is foreseen to hold steady compared to last year for the<br />
first time in three years despite heightened geopolitical tensions<br />
and high interest rates, the bank said in its latest Global Economic<br />
Prospects report.<br />
The upward revision was led by continued solid growth in the US,<br />
it stressed.<br />
The bank forecast the gross domestic product (GDP) growth will<br />
edge up to an average of 2.7% in 2025-26 amid modest growth in<br />
trade and investment.<br />
The figure is below the 3.1% average in the decade before the<br />
pandemic or 2010-19.<br />
“Four years after the upheavals caused by the pandemic, conflicts,<br />
inflation, and monetary tightening, it appears that global economic<br />
growth is steadying,” said <strong>In</strong>dermit Gill, the World Bank Group’s<br />
chief economist and senior vice president.<br />
The GDP in developing economies are forecast to increase 4% on<br />
average in <strong>2024</strong>-25 and in advanced economies to hike 1.5% this<br />
year before rising to 1.7% next year.<br />
Gill underlined the need for developing economies to find ways to<br />
encourage private investment, reduce public debt, and improve<br />
education, health, and basic infrastructure.<br />
The report highlighted that one in four developing economies is<br />
expected to remain poorer than it was in 2019.<br />
The World Bank hiked its growth projection for China by 0.3<br />
percentage point to 4.8% this year, due to stronger-than-expected<br />
activity in early <strong>2024</strong>, particularly exports. The world’s secondlargest<br />
economy is projected to grow 4.1% in 2025, down 0.32 point<br />
from the January report.<br />
The GDP in the US is expected to increase by 2.5% this year and<br />
1.8% next year, with upward revisions of 0.9 point and 0.1 point,<br />
respectively.<br />
The euro area’s GDP growth is projected to come in at 0.7% in <strong>2024</strong>,<br />
the same as foreseen in the previous report, and 1.4% in 2025, a<br />
downward revision of 0.2 points.<br />
The Turkish economy’s growth forecast was cut by 0.1 point to 3%<br />
for <strong>2024</strong> and 0.3 point to 3.6% for next year.<br />
The World Bank projected the global inflation to average at 3.5%<br />
this year and 2.9% in 2025.<br />
Global interest rates are likely to remain high by the standards of<br />
recent decades -- averaging about 4% over 2025-26, roughly double<br />
the 2000-19 average, read the report.<br />
Responsible Editor:<br />
Mehmet Söztutan<br />
(mehmet.soztutan@img.com.tr)<br />
Editors:<br />
Assoc. Prof. Mehmet Ali Özbudun<br />
Ayça Sarıoğlu<br />
Dilara CİCA<br />
Correspondent:<br />
İsmail Çakır<br />
(ismail.cakir@img.com.tr)<br />
Marketing Manager:<br />
Recep Arslantaş<br />
(recep.arslantas@img.com.tr)<br />
Arts Director:<br />
Tayfun Aydın<br />
(tayfun.aydin@img.com.tr)<br />
Subscription:<br />
Ismail Özçelik<br />
(ismail.ozcelik@img.com.tr)<br />
HEAD OFFICE:<br />
İstanbul Magazine Group<br />
İHLAS MEDIA CENTER<br />
Merkez Mah. 29 Ekim Cad. No:11<br />
Medya Blok Kat:1 34197<br />
-What about economists?<br />
Publisher:<br />
ISTMAG Magazin Gazetecilik<br />
İç ve Dış Ticaret Ltd. Şti. Adına Sahibi<br />
H. Ferruh Işık<br />
PLEASE MENTION<br />
Yenibosna / İstanbul / Turkey<br />
Tel: +90. 212 454 22 22<br />
Fax: +90. 212 454 22 93<br />
www.img.com.tr - img@img.com.tr<br />
LIAISON OFFICES<br />
BURSA:<br />
Ömer Faruk Görün<br />
Buttim A Blok Kat: 4<br />
No: 4029 Bursa / Turkey<br />
Tel : (90.224) 211 4450 - 51<br />
Fax: (90.224) 211 4481<br />
KONYA:<br />
Metin Demir<br />
H. Ulusahin Is Mrkz. C Blok<br />
No: 603-604-605 Konya / Turkey<br />
Tel : (90.332) 238 10 71<br />
Fax: (90.332) 238 01 74<br />
PRINTED BY:<br />
İhlas Gazetecilik A.Ş.<br />
Merkez Mah. 29 Ekim Cad.<br />
İhlas Plaza No: 11/41 PK: 34197<br />
Yenibosna - Bahçelievler<br />
Istanbul / Turkey<br />
Tel: (90 212) 454 30 00<br />
Fax (90 212) 454 34 83<br />
WHEN CONTACTING ADVERTISERS<br />
THE ECONOMIST<br />
Well<br />
Those who cannot forecast interest<br />
rates, and<br />
- Those who do not know that they<br />
cannot forecast interest rates.<br />
We Are in<br />
60 Countries<br />
on 5 Continents<br />
11 Million<br />
Visitors Per<br />
Week<br />
600 Million<br />
Product Sales<br />
Annually<br />
1.1 Billion USD<br />
Exports Annually<br />
Market Leader in<br />
23 Countries<br />
110<br />
Billion TL<br />
Turnover<br />
55.000<br />
Employees<br />
FACEBOOK.COM/LCWAIKIKIKARIYER<br />
INSTAGRAM.COM/LCWAIKIKIKARIYER
3 Economic Newspaper<br />
Please mention<br />
“<strong>Made</strong> in Turkey” when writing to advertisers<br />
<strong>June</strong><br />
<strong>2024</strong><br />
The power of holistic care for<br />
your eyes with gülsha<br />
Continued From Page 1<br />
Produced from the rare rose species “Rosa<br />
Damascena”, which has been freshly harvested<br />
one by one from the high altitude gardens<br />
of Isparta for 130 years with the tradition<br />
of hand harvesting, the latest product<br />
of the gülsha brand, gülsha Rose Essence<br />
Eye Cream meets beauty enthusiasts.<br />
Offering natural, effective and pleasant skin<br />
care enriched with precious Essential Rose<br />
Oil and Whole Rose Water, Rose Essence<br />
Eye Cream offers a holistic solution against<br />
the signs of aging in the delicate eye area<br />
with its 99.3% natural origin content. The<br />
eye cream, which helps revitalize the eye<br />
contour with its lightweight formula consisting<br />
of water phase ‘gülsha Full Rose Water’,<br />
provides a brightening effect by reducing<br />
the appearance of under-eye bags and dark<br />
circles.<br />
With its natural retinal and caffeine content,<br />
gülsha Rose Extract Eye Cream helps<br />
to tighten the eye contour and eliminate<br />
puffiness; with hyaluronic acid, which has<br />
intense moisturizing properties, it helps<br />
to reduce the appearance of fine lines and<br />
wrinkles and increase collagen synthesis<br />
and skin elasticity.<br />
How to use?<br />
One pump of gülsha Rose Essence Eye Cream<br />
can be easily applied around the eye area<br />
with gülsha Rose Essence Youth Cream in<br />
the daily skin care routine every morning<br />
and evening.<br />
The gülsha Eye Massager, made of pink quartz<br />
natural stone, the symbol of love, increases<br />
blood circulation and allows the gülsha<br />
Rose Essence Eye Cream to penetrate the<br />
skin more effectively.<br />
The gülsha Eye Massager, which can be applied<br />
gently around the eyes 2-3 times a week<br />
for 1-3 minutes, puts an end to the tired<br />
look of the eyes and gives them a lively and<br />
rested appearance.<br />
A candidate to be the star of your skin care<br />
routines, the 99.3% naturally sourced gülsha<br />
Rose Extract Eye Cream will be indispensable<br />
for your moisturizing phase!<br />
Take cover for<br />
summer with<br />
Acqua Perfection<br />
SPF 50 Sunscreen<br />
Spray!<br />
The secret to moisturized and youthful skin from FOREO<br />
Continued From Page 1<br />
“Having successfully entered the skincare<br />
category last year, FOREO continues to offer<br />
effective skincare solutions that can be<br />
effortlessly integrated into your daily routine.<br />
Aggressive products, intense scrubbing<br />
or forgetting to moisturize can damage the<br />
skin barrier and lead to dry, irritated skin<br />
and even eczema and dermatitis. SUPER-<br />
CHARGED Barrier Restoring Essence<br />
Mist helps restore the skin’s natural barrier<br />
function, soothing irritation and revealing<br />
brighter, more even skin. Adnan Beciragic,<br />
General Manager of FOREO <strong>Türkiye</strong>, explains<br />
his confidence in SUPERCHARGED<br />
Barrier Restoring Essence Mist.<br />
SUPERCHARGED Barrier Restoring Essence<br />
Mist contains powerful ingredients<br />
Repairing 9 Peptide Complex: Peptides are<br />
essential for maintaining youthful skin as<br />
they increase collagen and elastin production.<br />
By strengthening the skin barrier, they<br />
help to firm and plump the skin, while effectively<br />
reducing fine lines and wrinkles.<br />
Brightening 2% Niacinamide: Niacinamide,<br />
a form of vitamin B3, improves uneven<br />
skin tone, brightens dark spots, minimizes<br />
redness, reduces enlarged pores and strengthens<br />
the skin barrier. Reveals a smooth,<br />
even and brighter complexion.<br />
Calming Cica: Cica, also known as Centella<br />
Asiatica, is rich in antioxidants and effectively<br />
repairs the skin’s moisture barrier, providing<br />
intense hydration to dry skin. It soothes<br />
skin irritation and smooths roughness,<br />
improves elasticity, so skin looks supple and<br />
healthy.<br />
Hydrating Panthenol & Allantoin: Panthenol<br />
is both moisturizing and emollient,<br />
supporting barrier function and attracting<br />
and locking in moisture to balance the skin.<br />
Allantoin helps to keep skin supple and<br />
healthy; it also deeply moisturizes the skin<br />
barrier to keep it fresh, hydrated and soft.<br />
Dermatologist-tested and suitable for all<br />
skin types, SUPERCHARGED Barrier<br />
Restoring Essence Mist is also vegan, cruelty-free<br />
and formulated with 88% natural<br />
ingredients.<br />
Continued From Page 1<br />
The Acqua Perfection SPF series, which stands out<br />
for accompanying the indispensable moments of the<br />
summer months, maintains its effect for a long time<br />
thanks to its water-resistant formula. Acqua Perfection<br />
sunscreen series, which has a light formula that<br />
does not weigh down the skin, is suitable for different<br />
skin types and is dermatologically tested. Thanks to<br />
its ultra-light, water-based and colorless texture, it leaves<br />
no white streaks or greasy film. Acqua Perfection<br />
SPF 50 sunscreen spray with a fluid texture that helps<br />
prevent shine protects your skin against the harmful<br />
effects of the sun while nourishing it with natural ingredients.<br />
*All products are paraben-free, alcohol-free, vegan and<br />
cruelty-free.
5 Economic Newspaper<br />
Please mention<br />
“<strong>Made</strong> in Turkey” when writing to advertisers<br />
<strong>June</strong><br />
<strong>2024</strong><br />
Sapro makes an innovative contribution to biodiversity!<br />
The World was Captivated by the<br />
Glitter of PLMA Amsterdam Fair<br />
Continued From Page 1<br />
The concept of biodiversity, which is used<br />
to define the diversity of living things in the<br />
whole ecosystem or only in a certain region,<br />
is among the prominent topics in recent years.<br />
Biodiversity is of vital importance for the<br />
creation of a healthy environment suitable<br />
for life.<br />
This diversity, which is ensured by preserving<br />
the natural balance, actually means the<br />
continuation of life on earth.<br />
There is a close relationship between sustainability<br />
and biodiversity. When we look at<br />
the issue from the perspective of our country,<br />
we see that <strong>Türkiye</strong> has a wide variety of climate,<br />
flora and fauna characteristics in 7 different<br />
regions. Our country, which is home<br />
to different climate types, offers a favorable<br />
environment for endemic and genetically<br />
diverse plants. So what should be done to<br />
protect and develop this diversity?<br />
Recently, various steps have been taken to<br />
ensure biodiversity globally. For example,<br />
the ‘EU Single Use Plastics Directive’ is<br />
pushing wet wipe manufacturers and users<br />
towards more environmentally friendly products<br />
and waste management practices. This<br />
is leading to the development of new composite<br />
materials, improving recycling and<br />
composting infrastructures and raising consumer<br />
awareness.<br />
Sapro contributes to biodiversity with €30<br />
million investment<br />
Underlining that they care about the natural<br />
life cycle, Murat Gönül, General Manager at<br />
Sapro said, “<strong>In</strong> 2022, we launched our Newipe<br />
next generation Viscose fabric with an investment<br />
of 30 million Euros. Newipe® is an<br />
environmentally and future-friendly product<br />
with its natural structure that dissolves quickly<br />
in nature and does not contain plastic.<br />
Our product, which we developed with the<br />
awareness of environmental sustainability,<br />
contains 100 percent renewable plant fibers.<br />
When recycled, it can be broken down into<br />
non-toxic components that will not harm<br />
the environment and can easily turn into<br />
organic matter when dispersed. The most<br />
critical point in this regard is that the product<br />
has composting properties. Compostable<br />
products provide nutrients and organic matter<br />
to the soil as they decompose. This makes<br />
the soil more fertile and encourages plant<br />
growth. Healthier soil allows more plant<br />
species to thrive, which increases biodiversity.<br />
Compostable products also help reduce<br />
greenhouse gas emissions by absorbing carbon<br />
dioxide as they decompose. Reduced<br />
greenhouse gas levels reduce the effects of<br />
climate change, which in turn helps to protect<br />
biodiversity.<br />
Compared to other viscose fabrics, Newipe®<br />
is produced with reduced carbon emissions<br />
as some of its components are taken into the<br />
production process without any pre-treatment,<br />
and it can be fully biodegraded and<br />
composted faster in nature.”<br />
Newipe®’s compostable feature recognized<br />
by TUV certificates<br />
Recording that the compostable feature of<br />
Newipe® has been registered with ‘TUV OK<br />
Compost Home’ and ‘TUV OK Compost<br />
<strong>In</strong>dustrial’ certificates as a result of the tests,<br />
Gönül said, “TUV OK Compost certificate is<br />
a document showing that our Newipe next<br />
generation Viscose fabric is sustainable and<br />
environmentally friendly. This certificate<br />
proves that our fabric is fully biodegradable<br />
and compostable under industrial and home<br />
composting conditions by meeting certain<br />
test criteria, while confirming that the product<br />
turns into organic matter without harming<br />
the environment. With our product,<br />
we help reduce the amount of waste while<br />
protecting the environment. Thus, we contribute<br />
to a more sustainable use of natural<br />
resources and the protection of biodiversity.”<br />
Murat Gönül, General Manager at Sapro<br />
said, “Considering the increasing legal regulations<br />
to reduce plastic pollution that have<br />
started in Europe, the ‘TUV OK Compost’<br />
certificate proves that our Newipe next generation<br />
Viscose Fabric complies with these<br />
regulations. The transition to plastic-free<br />
wipes will help to meet future legal requirements<br />
and strengthen the market position of<br />
our private label brands.”<br />
Continued From Page 1<br />
Diversity and <strong>In</strong>novation: The Richness of the<br />
Cosmetic World<br />
Various companies from different corners of the<br />
globe gathered at the PLMA Fair, each bringing<br />
its unique flair and offerings to the forefront.<br />
From skincare essentials to makeup must-haves,<br />
haircare innovations to fragrant delights, the exhibition<br />
halls buzzed with activity as attendees<br />
explored a diverse array of beauty solutions.<br />
One of the central themes of the fair was sustainability,<br />
reflecting the industry’s growing<br />
commitment to environmental responsibility.<br />
Companies showcased eco-friendly packaging,<br />
organic formulations, and sustainable production<br />
practices, resonating with consumers’ increasing<br />
demand for ethically sourced and planet-friendly<br />
products.<br />
Collaboration and the Future: The Sector’s<br />
Roadmap<br />
<strong>In</strong>novation was another key highlight, with<br />
brands unveiling cutting-edge technologies and<br />
novel ingredients aimed at enhancing skincare<br />
efficacy, makeup performance, and overall beauty<br />
experiences. From advanced anti-aging<br />
solutions to customizable makeup palettes, the<br />
fair offered a glimpse into the future of the cosmetics<br />
industry.<br />
Networking and collaboration were also integral<br />
aspects of the PLMA Fair, providing opportunities<br />
for businesses to forge new partnerships,<br />
expand their distribution networks, and explore<br />
potential synergies. <strong>In</strong>dustry professionals<br />
engaged in fruitful discussions, exchanging<br />
insights, and laying the groundwork for future<br />
collaborations.<br />
An <strong>In</strong>ternational Celebration and a<br />
Forward-Looking Perspective<br />
The fair’s success underscored the resilience and<br />
dynamism of the cosmetics and beauty sector,<br />
showcasing its ability to adapt and thrive in an<br />
ever-changing market landscape. As consumer<br />
preferences evolve and global challenges shape<br />
the industry’s trajectory, events like the PLMA<br />
Fair play a crucial role in driving innovation,<br />
fostering collaboration, and propelling the sector<br />
forward.<br />
<strong>In</strong> conclusion, the PLMA Amsterdam Fair<br />
emerged as a vibrant celebration of the global<br />
cosmetics and beauty industry, bringing together<br />
diverse stakeholders, fostering innovation,<br />
and setting the stage for continued growth and<br />
evolution in the years to come.<br />
The next PLMA gathering will take place on<br />
May 20-21, 2025.<br />
5 th <strong>In</strong>ternational Exhibition for Cosmetics, Beauty, Hair<br />
Home Care, Private Label, Packaging and <strong>In</strong>gredients<br />
Tel: +90 212 2229060 |<br />
2-3-4 October <strong>2024</strong><br />
Istanbul Congress Center & Lutfi Kirdar & Istanbul Hilton<br />
Taksim - Istanbul - <strong>Türkiye</strong><br />
www.beauty-istanbul.com<br />
+90 533 4843030 | info@beauty-istanbul.com<br />
1100+ Exhibitors<br />
from 60+ Countries
Economic Newspaper <strong>June</strong><br />
6 Please mention<br />
<strong>2024</strong><br />
“<strong>Made</strong> in <strong>Türkiye</strong>” when writing to advertisers<br />
<strong>In</strong>ternational Fair of<br />
Algiers paves the way to<br />
new opportunities<br />
The 55th <strong>In</strong>ternational Fair of Algiers promises to be a<br />
dynamic platform for economic exchange, innovation, and<br />
collaboration, reaffirming Algeria’s position as a pivotal<br />
player in the global marketplace.<br />
Under the esteemed patronage<br />
of the President of the Republic,<br />
the Algerian Society of Fairs and<br />
Exports (SAFEX) is gearing up<br />
to host the 55th edition of the renowned<br />
<strong>In</strong>ternational Fair of Algiers<br />
(FIA) from <strong>June</strong> 24th to 29th,<br />
<strong>2024</strong>. The event will take place at<br />
the Palais des Expositions des Pins<br />
Maritimes in the vibrant city of Algiers.<br />
As a leading figure in the events industry,<br />
SAFEX is renowned for organizing<br />
economic events and exhibitions<br />
of national, international,<br />
as well as local and regional significance<br />
in Algeria. Moreover, SAFEX<br />
holds the official mandate for Algeria’s<br />
participation in international<br />
fairs and exhibitions abroad.<br />
Since its inception in 1964, the<br />
<strong>In</strong>ternational Fair of Algiers, organized<br />
by SAFEX, has been a cornerstone<br />
of economic activity in<br />
Algeria. With 54 years of successful<br />
editions, the event stands as a testament<br />
to the keen interest shown by<br />
Algeria’s economic partners and the<br />
international business community<br />
in the Algerian market.<br />
The newest product of the Age<br />
Stop series, MFM Age Stop serum<br />
is here with a formula that will<br />
change the boundaries of beauty:<br />
Containing black bee honey extract,<br />
also known as “Black Bee<br />
Ome”, this serum revitalizes the<br />
skin’s natural microflora.<br />
When used regularly, the serum<br />
The FIA serves as a pivotal moment<br />
for the promotion of domestic production.<br />
It offers a multifaceted<br />
platform where all segments of the<br />
industry converge, showcasing their<br />
innovations and advancements.<br />
From agriculture to manufacturing,<br />
from services to construction,<br />
the FIA represents the diversity and<br />
dynamism of Algeria’s economic<br />
landscape.<br />
One of the primary objectives of<br />
the FIA is to facilitate networking<br />
opportunities and foster long-term<br />
business relationships. It serves as<br />
an intensive hub for professional<br />
networking, business matchmaking,<br />
investment opportunities,<br />
and forging enduring partnerships.<br />
Algeria, positioned as one of the<br />
economic giants of the African continent<br />
and ranked as the fourth-largest<br />
African economy by the World<br />
Bank, is strategically located at<br />
the crossroads of three worlds: the<br />
Mediterranean, the Arab, and the<br />
African. Leveraging this strategic<br />
geographical position, Algeria aims<br />
to diversify its economy and bolster<br />
its exports.<br />
rapidly replenishes the skin flora<br />
with the honey of these black bees,<br />
which settled in the region north of<br />
the Alps after the last ice age, and<br />
supports the renewal of the skin<br />
barrier. If the microbiota heals, the<br />
skin starts to rejuvenate!<br />
Black Bee Ome is obtained by fermenting<br />
the honey of the black<br />
The power of black bee honey and liquid gold!<br />
bee species, a rare and ancient honey<br />
bee. The highly resistant honey,<br />
known as “liquid gold” in the<br />
world, is produced in the isolated<br />
mountain valleys of Switzerland<br />
and fermented with Zymomonas<br />
mobilis bacteria.<br />
The serum also contains Malus Domestica,<br />
a stem cell that supports<br />
Today, Algeria emerges as an indispensable<br />
hub for foreign investment<br />
across various sectors<br />
including agriculture, industry, and<br />
construction. The country offers invaluable<br />
opportunities for enterprises<br />
looking to invest and establish a<br />
presence on Algerian soil.<br />
With its robust infrastructure, diversified<br />
expertise across multiple<br />
domains, and a skilled and qualified<br />
workforce, Algeria extends its<br />
arms to welcome businesses seeking<br />
to expand their operations.<br />
The <strong>In</strong>ternational Fair of Algiers<br />
stands as a beacon of economic<br />
excellence and a barometer of the<br />
nation’s economic health. Organized<br />
under the esteemed patronage<br />
of the President of the Republic<br />
since its inception, the FIA remains<br />
a pivotal moment for economic stakeholders<br />
both within Algeria and<br />
beyond.<br />
Exhibitors at the FIA have a multitude<br />
of reasons to participate. From<br />
exploring the diverse investment<br />
potential of the Algerian market to<br />
strengthening collaborations with<br />
Algerian and international economic<br />
operators, the FIA offers a<br />
comprehensive platform for business<br />
expansion.<br />
Moreover, the FIA serves as an opportunity<br />
to showcase the rich cultural<br />
and touristic characteristics<br />
of Algeria, providing visitors with<br />
a glimpse into the nation’s heritage<br />
and attractions.<br />
The sectors represented at the FIA<br />
span a wide spectrum, including<br />
agriculture, agri-food, chemical industry,<br />
construction, petrochemical<br />
industry, services, electrical industry,<br />
electronics, and household<br />
appliances, among others.<br />
The event is organized by the Algerian<br />
Fairs and Export Company<br />
and will take place at the Palais des<br />
Expositions, the premier exhibition<br />
center in Algeria. Situated approximately<br />
15 kilometers east of the<br />
city center and 10 kilometers from<br />
the Algiers airport, the Palais des<br />
Expositions is conveniently located<br />
near various hotels, major shopping<br />
centers, and accessible by all<br />
modes of transportation including<br />
tramway, bus, and taxi.<br />
skin cells to have a longer life span,<br />
Argireline, which makes the skin<br />
look younger with the effect of synthetic<br />
botox, Panthenol and Pentavitin,<br />
which contribute to skin<br />
repair and moisture protection, Vin<br />
Up Lift and Niacinamide, which are<br />
obtained from grape seeds and actively<br />
stretch the skin.<br />
Turkish-Algerian relations up<br />
Continued From Page 1<br />
With a strategic geographical location, at<br />
the center of the Mediterranean region<br />
and connecting Africa, Europe and the<br />
Maghreb, Algeria offers tremendous opportunities<br />
economic partnerships.<br />
Algeria is located in the north of the<br />
African continent bordered by the Mediterranean<br />
Sea and is part of the Arab<br />
Maghreb Union (AMG). Its surface area<br />
is 2,381,741 km².<br />
Algeria is the largest country in Africa,<br />
Arab world and Mediterranean Basin,<br />
and the tenth largest country in the world.<br />
It has 1,622 km of Mediterranean coastline.<br />
The country has some attractive investment<br />
support measures such as tax incentives,<br />
up to 10 years of exemption,<br />
depending on the location and size of the<br />
project. Some additional benefits:<br />
* Partial or total reimbursement of expenses<br />
related to infrastructure works<br />
within the south and highland areas and<br />
other areas, the development of which<br />
requires a contribution from the State;<br />
* Reduction in employers’ contribution<br />
to social security for the recruitment of<br />
young job seekers<br />
* The concession of land by mutual agreement,<br />
over periods of 33 years renewable<br />
and giving rise to the same property<br />
rights arising from sales<br />
* Discounts on the price of the rental fee<br />
on the land and property acquired within<br />
the framework of the realization of<br />
the investment<br />
* Tax exemptions throughout the life of<br />
the project for exporting projects.<br />
* Temporary Exemption for 5 years, of<br />
companies benefits tax (IBS), Global <strong>In</strong>come<br />
tax(IRG) and Tax on the turnover<br />
and 3%bonus of the interest rate on bank<br />
loans granted to investments in certain<br />
activities in the steel and metal industrial<br />
sectors, the hydraulic binders and Electrical<br />
Appliances, <strong>In</strong>dustrial chemistry,<br />
mechanics and automotive Pharmaceuticals,<br />
aerospace, shipbuilding and repair,<br />
advanced technology, food processing,<br />
textiles and clothing, leather and<br />
derivatives, wood and furniture industry.<br />
Exemption from VAT, customs duties,<br />
taxes having equivalent effect or any other<br />
charge for the equipment needed for<br />
investment by industrial companies in<br />
the field of research and development.<br />
* Reduction of 50%, companies benefits<br />
tax (IBS) or Global <strong>In</strong>come tax (IRG), in<br />
common law for individuals and legal<br />
entities, activating and fiscally registered<br />
in the wilayas of Illizi, Tindouf, Tamanrasset<br />
and Adrar, and this for a period of<br />
05 years as of January 1st, 2015.<br />
* Support by the Public Treasury Administration,<br />
of the bank interest for investments<br />
made by industrial companies for<br />
the acquisition of technology and mastery<br />
to enhance the industrial integration<br />
rate of their products and competitiveness.<br />
* Extension until 31 December 2019, of<br />
the application of reduced rate of customs<br />
duty on acquisitions of equipment<br />
and furnishings not produced locally by<br />
hotel standards and within the scope of<br />
modernization and upgrading under the<br />
“Quality Plan Tourism Algeria” -The list<br />
of equipment and furnishings concerned<br />
is determined by the intermenstrual order<br />
of March 2, 2014.<br />
Algeria is a producer and exporter of<br />
oil and liquified natural gas and it is the<br />
tenth-largest proven reserves of natural<br />
gas and the sixth-largest gas exporter<br />
in the world. It is also the 16th largest<br />
proven oil reserves in the world. More<br />
than 60 exploration contracts have been<br />
signed since 1992 between the national<br />
company Sonatrach and foreign oil companies.<br />
The target for 2030 is the production<br />
of 22,000 MW of electricity from<br />
renewable energies. Mining resources of<br />
the country is comprised of phosphate,<br />
iron, gold, diamond, uranium, zinc, coal,<br />
etc.<br />
Algeria’s urbanization rate is around 60%<br />
and is permanently growing. Algeria has<br />
more than thirty-seven urban areas with<br />
more than 100,000 inhabitants, almost all<br />
concentrated in the north of the country.<br />
The densely populated city is the capital<br />
Algiers, a megalopolis of more than six<br />
million inhabitants, making it the first<br />
town in the Maghreb.<br />
info@fonkozmetik.com
7 Economic Newspaper<br />
Please mention<br />
“<strong>Made</strong> in Turkey” when writing to advertisers<br />
<strong>June</strong><br />
<strong>2024</strong><br />
The best place to expand<br />
your beauty knowledge<br />
New stage<br />
in Turkiye-Uzbekistan<br />
strategic<br />
partnership<br />
and economic<br />
relations<br />
Kore’nin Önde Gelen Güzellik Fuarı<br />
<strong>In</strong>terCHARM Korea <strong>2024</strong>, 24 - 26 Temmuz<br />
<strong>2024</strong> tarihlerinde Güney Kore’nin<br />
Seul kentindeki COEX’te düzenlenecek<br />
İthalat-ihracat fırsatlarını en üst düzeye<br />
çıkarmak için mükemmel platform<br />
Kore’de Dünyanın Önde Gelen ve<br />
Mutlaka Katılınması Gereken Güzellik<br />
Etkinliği! <strong>In</strong>terCHARM Korea,<br />
uluslararası markaların alıcılarını,<br />
distribütörlerini ve perakendecilerini<br />
bulup büyümeleri için eşsiz bir iş<br />
platformudur.<br />
<strong>In</strong>terCHARM Korea, Kore’deki en büyük<br />
profesyonel B2B güzellik platformudur.<br />
Ağ oluşturma ve eşleştirme<br />
programlarımız aracılığıyla işinizi en<br />
üst düzeye çıkarabilir ve güzellik uzmanlarının<br />
çeşitli konulardaki görüşlerini<br />
dinleyebilirsiniz. Profesyonel<br />
seminer programları aracılığıyla en<br />
yeni çözümler hakkında daha fazla<br />
bilgi edinin.<br />
<strong>In</strong>terCHARM çevrimiçi hizmetleri,<br />
uygun bir ortamda tanışmanıza, iletişim<br />
kurmanıza, fikir alışverişinde<br />
bulunmanıza, deneyim kazanmanıza,<br />
ilham almanıza ve işinizi geliştirmenize<br />
yardımcı olacaktır. En büyük önceliğimiz,<br />
etkinliğe katılımın tüm taraflar<br />
için etkili olmasını sağlamaktır.<br />
En büyük etkinlik<br />
K-Güzellik gerçekten gelişiyor: Kore<br />
kozmetik pazarı şu anda dünyanın<br />
ilk 10’u arasında yer alıyor! <strong>In</strong>terC-<br />
HARM Kore, güzellik endüstrisinin<br />
tüm kesimlerini bir araya getiren,<br />
kozmetik güzellik pazarındaki en büyük<br />
etkinliktir. Burada trendler doğar<br />
ve önümüzdeki yıllar için sektör gelişiminin<br />
ana yönleri belirlenir.<br />
Farklı bir iş platformu<br />
<strong>In</strong>terCHARM Kore, alıcı, distribütör<br />
ve perakendeci arayan uluslararası<br />
markaların gelişen güzellik pazarındaki<br />
varlıklarını geliştirmeleri için<br />
farklı bir iş platformu olarak hizmet<br />
vermektedir.<br />
Yeni fırsatları keşfedin ve küresel güzellik<br />
endüstrisinin tüm sektörlerinde<br />
Asya’daki ağınızı genişletin. Gelişmeler<br />
için bizi izlemeye devam edin ve<br />
sizi <strong>In</strong>terCHARM Kore <strong>2024</strong>’te görmeyi<br />
dört gözle bekliyoruz!”<br />
Kore’deki güzellik endüstrisinin ana<br />
etkinliğine katılın!<br />
Güzellik endüstrisinin en prestijli<br />
buluşmasının bir parçası olmak için<br />
bu inanılmaz fırsatı KAÇIRMAYIN,<br />
trendlerin doğduğu ve bağlantıların<br />
kurulduğu yer!<br />
<strong>In</strong>terCHARM’ı ziyaret edin:<br />
Öncelikli Erişim: Kalabalıktan sıyrılın<br />
ve en son güzellik buluşlarını, en yeni<br />
ürünleri ve çığır açan teknolojileri ilk<br />
keşfedenler arasında olun<br />
Ağ Oluşturma Fırsatları: Dünyanın<br />
dört bir yanından güzellik meraklıları,<br />
markalar ve potansiyel iş ortakları<br />
ile bağlantı kurun.<br />
Uzman Görüşleri: Büyüleyici seminerler<br />
aracılığıyla uzmanlıklarını<br />
paylaşacak olan sektör liderleri, tanınmış<br />
güzellik profesyonelleri ve<br />
trend belirleyicilerden paha biçilmez<br />
bilgiler edinin<br />
Gösteriler ve Ürün Denemeleri: Çığır<br />
açan güzellik çözümlerini ilk elden<br />
keşfetmenizi ve test etmenizi sağlayan<br />
canlı gösterileri, ürün denemelerini<br />
ve interaktif vitrinleri deneyimleyin.<br />
<strong>In</strong>terCHARM 2023:<br />
Kore, <strong>Türkiye</strong>, Çin, Fransa, Polonya,<br />
yakın ve uzak ülkelerden 500’den fazla<br />
katılımcı,<br />
İşbirliğine ve yeni pazar fırsatlarına<br />
açık 200’den fazla yeni katılımcı,<br />
”All about that Beauty” seminerinde<br />
50’den fazla konuşmacı - güzellik sektörünün<br />
uzmanları, kanaat önderleri,<br />
İş eşleştirme: Katılımcılarla önceden<br />
toplantılar düzenlemek için kullanılabilir,<br />
Yüzlerce güzellik markası salonlar,<br />
klinikler, perakendeciler ve distribütörlerle<br />
işbirliği yapmaya hazır.<br />
Erdoğan receives Uzbek<br />
President in Ankara for<br />
bileteral talks<br />
Continued From Page 1<br />
They then visited an exhibition featuring<br />
handmade products and enjoyed<br />
Turkish coffee together.<br />
<strong>In</strong> a statement posted on social media,<br />
Emine Erdoğan expressed pleasure<br />
in welcoming the Uzbek first<br />
lady, as she thanked her for gifting<br />
precious books in the Uzbek language<br />
to the Presidential Library collection.<br />
“I hope that each rare book will remain<br />
as a mark of our rooted friendship<br />
with Uzbekistan to be transferred<br />
to future generations,” the first lady<br />
said.<br />
After Mirziyoyev took office, positive<br />
steps were also taken on the visa issue,<br />
which had been a long-standing<br />
concern among Turkish businesspeople.<br />
<strong>In</strong> 2017, the Uzbek government issued<br />
a decree granting visas to Turkish<br />
citizens within three days. Turkish<br />
citizens then received a 30-day visa<br />
exemption in February 2018.
Economic Newspaper <strong>June</strong><br />
8 Please mention<br />
<strong>2024</strong><br />
“<strong>Made</strong> in <strong>Türkiye</strong>” when writing to advertisers<br />
GEN has signed<br />
an important<br />
collaboration in<br />
the field of HIV<br />
and cancer<br />
Early diagnosis plays a critical role in MPS disease<br />
Mucopolysaccharidoses (MPS),<br />
a subtype of Lysosomal Storage<br />
Diseases (LSD), are rare diseases<br />
caused by a deficiency of<br />
enzymes in the body that break<br />
down substances called Glycosaminoglycans.<br />
This deficiency can<br />
lead to the accumulation of these<br />
substances in lysosomes and,<br />
over time, to problems in cells<br />
and organs.<br />
Depending on which lysosomal enzyme<br />
is deficient, the symptoms of MPS can<br />
vary depending on the severity and rate<br />
of progression of the disease.<br />
Takeda, one of the main focus areas<br />
of rare genetic diseases, offers comprehensive<br />
and effective healthcare<br />
solutions by focusing on the needs of<br />
patients under the leadership of science<br />
with the know-how brought by 243<br />
years of experience. Delivering Takeda’s<br />
globally developed up-to-date treatment<br />
methods to patients in <strong>Türkiye</strong>,<br />
Takeda <strong>Türkiye</strong> continues its activities<br />
to make a meaningful difference in the<br />
lives of patients and their relatives.<br />
Ömür Mangaloğlu, General Manager of<br />
Takeda <strong>Türkiye</strong>, emphasizes that some<br />
clinical features such as short stature,<br />
cognitive impairments, skeletal disorders,<br />
prominent facial features, hearing<br />
loss and cardiovascular diseases are<br />
common in MPS types.<br />
Mangaloğlu said, “Symptoms of rare<br />
genetic and metabolic diseases may<br />
differ from person to person and may<br />
progress at different rates. Therefore,<br />
early diagnosis is very important. To<br />
this end, we support global education<br />
and awareness-raising activities on the<br />
disease, develop scientific relations<br />
with all Pediatric metabolism clinics in<br />
<strong>Türkiye</strong>, and strive to increase access to<br />
early and accurate diagnosis by conducting<br />
informative activities with General<br />
Pediatrics clinics. We are committed to<br />
reducing the time between the onset of<br />
symptoms and diagnosis and improving<br />
the quality of life of patients by developing<br />
innovative treatment methods. <strong>In</strong><br />
rare diseases, there are areas for improvement<br />
in patient access to diagnosis<br />
and treatment. As it is a rare disease<br />
group, the development of innovative<br />
treatments and subsequent access to<br />
Ömür Mangaloğlu,<br />
General Manager of Takeda <strong>Türkiye</strong><br />
treatment is critical. As Takeda, we will<br />
continue to work hard in this field and<br />
continue to have a positive impact on<br />
the lives of our patients.”<br />
GEN signed an important partnership and cooperation<br />
agreement with Jaguar Health <strong>In</strong>c.. <strong>In</strong><br />
line with this agreement, GEN became a 6.7%<br />
partner in Jaguar Health <strong>In</strong>c. through participation<br />
in the capital increase, and also reached an<br />
agreement on the production and marketing of<br />
the company’s drug, which is planned to help<br />
prevent diarrhea problems related to HIV and<br />
cancer treatment.<br />
GEN, one of the fastest growing companies in<br />
the Turkish pharmaceutical industry with over<br />
25 years of experience, has added a new one to<br />
its global business partnerships. GEN, which offers<br />
innovative and high-quality health solutions<br />
in many areas, especially rare diseases, signed<br />
an agreement with Jaguar Health <strong>In</strong>c. by proving<br />
once again its reliable power in production.<br />
GEN, which has become a 6.7% partner in Jaguar<br />
Health <strong>In</strong>c., one of the companies traded on<br />
the American Nasdaq stock exchange, through<br />
participation in the capital increase, has also signed<br />
an agreement for the company’s product,<br />
which is expected to have a significant impact.<br />
GEN agreed to collaborate on the drug developed<br />
by Jaguar for all indications, including diarrhea<br />
associated with HIV and cancer treatment.<br />
Jaguar Health <strong>In</strong>c. is involved in the production<br />
and sales of the drug, whose Phase 3 clinical trials<br />
are ongoing and whose active ingredient is<br />
FDA (American Food and Drug Administration)<br />
approved, in national and international markets.<br />
By reaching an agreement with GEN, it has taken<br />
another important step towards its global<br />
growth target.<br />
Novartis is on the “Best Employers” list for the 9th time in a row!<br />
Novartis <strong>Türkiye</strong>, which puts its<br />
signature under innovative practices<br />
with the importance it attaches to<br />
corporate culture and employee<br />
experience, was listed among <strong>Türkiye</strong>’s<br />
Best Employers for the 9th time in the<br />
“<strong>2024</strong> <strong>Türkiye</strong>’s Best Employers” survey<br />
conducted by the Great Place to Work<br />
<strong>In</strong>stitute.<br />
Novartis, which adopts the approach<br />
that happy and peaceful employees<br />
are the basis of lasting success, was<br />
awarded this year with its employeeoriented<br />
practices. Novartis <strong>Türkiye</strong> was<br />
listed as the “Best Employer” for the<br />
9th time in a row in the “<strong>2024</strong> <strong>Türkiye</strong>’s<br />
Best Employers” survey organized<br />
by the Great Place to Work <strong>In</strong>stitute,<br />
one of the leading organizations in<br />
measuring workplace culture and<br />
employee experience.<br />
Özlem Sökmen, People and<br />
Organization (HR) Director at Novartis<br />
<strong>Türkiye</strong> expressed her happiness<br />
to be listed among <strong>Türkiye</strong>’s “Best<br />
Employers” by the Great Place To Work<br />
<strong>In</strong>stitute and shared the following:<br />
“Novartis <strong>Türkiye</strong>’s inclusion in the ‘Best<br />
Employers’ list for the 9th consecutive<br />
year underlines our commitment to<br />
fostering a workplace culture that<br />
prioritizes employee well-being and<br />
satisfaction. At Novartis, we believe<br />
that happy and fulfilled employees<br />
are the foundation of sustainable<br />
success. Our unwavering commitment<br />
to this belief has once again earned<br />
us recognition in the ‘<strong>2024</strong> <strong>Türkiye</strong>’s<br />
Best Employers’ survey conducted<br />
by Great Place to Work. At Novartis<br />
<strong>Türkiye</strong>, I am very proud of our team’s<br />
achievements and the recognition of<br />
our employee-focused practices. Our<br />
continued inclusion on this esteemed<br />
list reflects our ongoing efforts to<br />
provide meaningful opportunities for<br />
professional development, promote<br />
work-life balance and further develop<br />
our innovative culture. We will continue<br />
to uphold our values and continuously<br />
improve our practices to ensure that<br />
Novartis <strong>Türkiye</strong> remains a workplace<br />
where every employee feels valued,<br />
respected and empowered to thrive. I<br />
would like to extend my sincere thanks<br />
to all Novartis <strong>Türkiye</strong> employees who<br />
played a major role in this significant<br />
achievement.”
9 Economic Newspaper<br />
Please mention<br />
“<strong>Made</strong> in Turkey” when writing to advertisers<br />
<strong>June</strong><br />
<strong>2024</strong><br />
Catering containers of world aviation giants from Turkish company<br />
SEM Plastik, which manufactures products such as food containers, cups, tray sets and tableware used in more than 50 airlines around the world, presented its new<br />
sustainable product groups to the world airlines at the Aircraft Cabin Equipment and Catering Fair held in Hamburg, Germany. Stating that they manage global operations<br />
in the use of recycled materials, bioplastics and closed cycle recycling systems on sustainability, Yavuz Eroğlu, Chairman of the Board of Directors of SEM Plastik,<br />
underlined that they are the 5th largest company in the world in this field.<br />
from design to prototype and from prototype<br />
to product, Eroğlu said, “We are the 5th largest<br />
company in the world in this field. Regarding<br />
sustainability, we manage global operations in<br />
the use of recycled materials, bioplastics and<br />
closed cycle recycling systems. Many special<br />
products, including plastic fireproof plates and<br />
cups in which food is cooked, are used by the<br />
world’s largest airline companies.”<br />
Aircraft <strong>In</strong>teriors Expo / Aircraft Cabin Equipment<br />
and Catering Exhibition (AIX), one of<br />
the most prestigious exhibitions of the aviation<br />
industry, was held in Hamburg, Germany<br />
between May 28-30, <strong>2024</strong>. A wide range of<br />
products from aircraft seats to lighting systems,<br />
in-flight entertainment and connectivity<br />
systems, interior decoration solutions and catering<br />
services were exhibited at the exhibition,<br />
where the latest developments in in-flight comfort,<br />
safety, entertainment and communication<br />
technologies were revealed.<br />
Marked the fair with sustainable products<br />
Stating that they produce products such as<br />
food containers, cups, tray sets and tableware<br />
used in more than 50 airlines in the world such<br />
as THY, Emirates, Qatar, Lufthansa, Austrian<br />
Airlines and Singapore Airlines, Yavuz Eroğlu,<br />
Chairman of the Board of Directors of SEM<br />
Plastik, said that they attracted the attention<br />
of all participants at the fair, especially with<br />
in-cabin sustainable catering concepts and<br />
equipment. Explaining that sustainability is becoming<br />
increasingly important in airlines and<br />
that they have made important innovations in<br />
this regard, Eroğlu stated that they presented<br />
new product groups focused on sustainability<br />
to the taste of world airlines.<br />
Noting that they design according to the customer’s<br />
request and carry out studies to maximize<br />
the passenger experience on the road<br />
Eroğlu continued his words as follows:<br />
“<strong>In</strong> the last year, our first prize in ‘Circular Plastics<br />
Management’ at the Sustainable Business<br />
Awards and the ‘Closed Cycle Recycling Project<br />
of Trays at Pegasus Airlines’, in which we<br />
won first prize in the Plastic Recycling Competition,<br />
attracted great attention. As SEM, we sell<br />
RPET cups, which are produced from recycled<br />
bottles with lower carbon emissions than all alternatives<br />
and have international certification,<br />
to many airlines. <strong>In</strong> addition, our design team<br />
carries out all the design, modeling, prototype<br />
and pilot production stages of an airline from<br />
scratch for economy, business and first class<br />
concepts. With the labor of our local designers<br />
and engineers, we make our mark on the products<br />
of 50 airlines around the world.”<br />
Special thanks to THY and Turkish Do&Co<br />
Emphasizing that Turkish Airlines and Turkish<br />
Do&Co have a special place for them, Eroğlu<br />
said, “<strong>In</strong> our cooperation with THY, which has<br />
been going on for nearly 40 years, we develop<br />
sustainable, useful and stylish equipment that<br />
enables passengers to travel pleasantly. <strong>In</strong> this<br />
process, we owe them a debt of gratitude for<br />
giving us the opportunity to replace almost all<br />
of the products, all of which came from abroad<br />
years ago, with domestic products created with<br />
the labor of Turkish engineers and designers,<br />
and for their support in transforming us into a<br />
global manufacturer of in-cabin catering containers.”<br />
On the other hand, in addition to SEM Plastik,<br />
Turkish companies such as Turkish Cabin<br />
<strong>In</strong>teriors, Turkish Airlines (THY) and Kordsa<br />
also made a show in the international arena.<br />
Consul General of Hamburg Emine Derya<br />
Kara and Hamburg Commercial Attaché Yıldız<br />
Onur also visited the Turkish companies in the<br />
fair area and received information about their<br />
work. AIX, where agreements were signed for<br />
collaborations and new projects between leading<br />
companies in the sector, is of great importance<br />
for players in the global supply chain to<br />
establish strategic partnerships.<br />
1.43 kilograms of cabin waste is produced in<br />
one flight<br />
At a time when environmental awareness is<br />
paramount, the travel industry is increasingly<br />
recognizing the importance of in-flight sustainability.<br />
According to the latest data from<br />
the <strong>In</strong>ternational Air Transport Association<br />
(IATA), a passenger generates an average of<br />
1.43 kilograms of cabin waste on short and<br />
long-haul international flights. Of this, 23 percent<br />
is untouched food and beverages and 17<br />
percent is recyclable materials such as plastic<br />
bottles and newspapers.
Economic Newspaper <strong>June</strong><br />
10 Please mention<br />
<strong>2024</strong><br />
“<strong>Made</strong> in <strong>Türkiye</strong>” when writing to advertisers<br />
Exciting collaboration with Aveda’s<br />
new star Antonia Gentry<br />
ls, frizz and natural hair look. I<br />
am thrilled to work with Aveda<br />
and continue to celebrate the<br />
beauty of textured hair.”<br />
RECEP ARSLANTAŞ<br />
COORDINATOR<br />
recep.arslantas@img.com.tr<br />
Our feet hurt,<br />
not our heads<br />
I would like to thank Peggy<br />
Davies, President of PLMA,<br />
and the entire staff for hosting<br />
brands from around the world,<br />
visitors and other industry stakeholders<br />
who were in Amsterdam<br />
to learn about what’s new,<br />
innovations and industry trends.<br />
The busy booths, the bustle<br />
in the aisles and the hustle and<br />
bustle between the halls were all<br />
signs of a successful show. It was<br />
exciting to get new ideas and<br />
new business contacts brought<br />
a smile to faces. At PLMA Amsterdam<br />
this year, we had sore<br />
feet from the hustle and bustle,<br />
but I am happy to report that<br />
there were no disappointments<br />
and no headaches. This shows<br />
that the fair was a success and<br />
everyone left Amsterdam satisfied.<br />
Many brands are already<br />
looking forward to PLMA Amsterdam<br />
on May 20-21, 2025.<br />
Goodbye until we see you in the<br />
July issues of Beauty <strong>Türkiye</strong>,<br />
<strong>Made</strong> in <strong>Türkiye</strong> export newspaper<br />
and Medikal Teknik magazine.<br />
Actress Antonia Gentry brings<br />
a new twist to wavy and<br />
curly hair with be curly advanced!<br />
Aveda, the leading vegan and<br />
plant-based high-performance<br />
hair care brand, is excited to<br />
announce the launch of Aveda<br />
be curly advanced, designed<br />
specifically for wavy and curly<br />
hair. The launch of this innovative<br />
collection is in collaboration<br />
with celebrity actress Antonia<br />
Gentry. The Aveda be curly<br />
advanced campaign celebrates<br />
natural beauty and individuality,<br />
and Gentry, the star of the<br />
campaign, is featured with her<br />
natural curls.<br />
Renée Gadar, the Global Artistic<br />
Director of Texture at<br />
Aveda, said: “Aveda be curly<br />
advanced reflects the values<br />
at the heart of Antonia Gentry,<br />
the epitome of confidence,<br />
beauty and individuality. Her<br />
unique story will inspire many<br />
to accept and celebrate their<br />
natural hair. Designed by women,<br />
Aveda be curly advanced<br />
empowers women like Antonia<br />
to fearlessly accept the texture<br />
of their natural hair. Antonia<br />
is the perfect partner to inspire<br />
others to love their curls.”<br />
Gentry’s journey with her natural<br />
curls is a beautiful story<br />
of discovery. Faced with the<br />
challenge of understanding<br />
and caring for her natural hair<br />
texture, Gentry discovered the<br />
transformative power of high-performance<br />
curl care and<br />
began to celebrate her natural<br />
hair. Gentry’s curly hair story is<br />
about the strengthening nature<br />
of curly hair, as highlighted by<br />
the Aveda be curly advanced<br />
collection.<br />
Gentry expresses her excitement<br />
about the collaboration:<br />
“I’m proud to partner with Aveda<br />
to tell my curl story. Aveda<br />
be curly advanced is not only<br />
a great option for hair care, it’s<br />
the ideal product for anyone<br />
who wants to elevate their cur-<br />
Gentry will be featured on Aveda<br />
social media platforms, digital<br />
campaigns and in Aveda<br />
stores and salons worldwide,<br />
launching the #GetCurlyWith-<br />
Me social campaign, encouraging<br />
people to share their own<br />
unique curl stories and celebrate<br />
the beauty of textured hair.<br />
With her natural charisma and<br />
candid personal experiences,<br />
Gentry will help others accept<br />
their natural curls and wear<br />
them with pride.<br />
Aveda be curly advanced consists<br />
of seven products designed<br />
to cleanse, condition, prepare<br />
and style textured hair, offering<br />
a multi-purpose care regimen<br />
that can be personalized according<br />
to hair type.<br />
Biotechnological<br />
revolution from<br />
Seltek Group!<br />
Continued From Page 1<br />
Morphiya HybrosomeTM technology is revolutionizing<br />
the health sector by offering significant<br />
potential in the treatment of different<br />
diseases. This innovative technology, developed<br />
under the leadership of Turkish scientists and<br />
physicians, including Assoc. Prof. Dr. Tunç Tiryaki,<br />
enables the emergence of new generation<br />
products in skin care and wound healing.<br />
Seltek Group introduced this innovative product<br />
with the launch of “Morphiya HibrozomTM<br />
Technology” on May 16, <strong>2024</strong> at Hilton Bomonti<br />
Hotel. Seltek Group, which aims to contribute<br />
to <strong>Türkiye</strong>’s rising value in the field of medical<br />
aesthetics, will continue to reinforce its leading<br />
position in the sector.