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Turkey’s state-owned enterprises lost $1.8 billion in 2019: report

Turkey’s state-owned enterprises suffered a loss of TL 13.7 billion ($1.85 billion) in 2019, a 24 percent increase over 2018, according to an audit...

Turkey’s state-run tea producer had to destroy tons of tea due to poor management: report

The General Directorate of Tea Enterprises (ÇAYKUR), Turkey’s state-owned tea producer which has lost billions of lira after its transfer to Wealth Fund control...

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