Discovering More Opportunities for Investment and Hotel Business – Bursa, Turkey

Discovering More Opportunities for Investment and Hotel Business – Bursa, Turkey

Turkey has already occupied a strong leading place in the world’s tourism industry with a variety of the natural spaces, affordable prices and decent quality of the services.

Hospitality of the local people is an extra huge plus to the welcoming atmosphere of the country and touristic infrastructure. Even if newcomers come across with any situation which may cause some inconveniences, the hosts are always doing their best to solve the issue and please the guests.

Turkey is a country of a big diversity of the landscapes and weather conditions, and all of them have already found their fans and customers.

Antalya, Izmir, Cappadocia have already gained a world-wide fame for their natural beauty, historic sites, a very well-developed infrastructure of hotels, places to visit and leisure activities.

Though, in this post, we would like to highlight Bursa, which somehow slipped out of the attention of the global touristic community and serious investments.



Let’s say “somehow” because the city and its surrounding area definitely deserve for a closer look and recognition.

We won’t speak here about a rich historic past of the city because it will take lots of pages to cover at least its tiny part.



We won’t even mention its close location to Istanbul, Marmara Sea, Uludag Mountain and its mild climate in comparison to Istanbul, Antalya and Izmir.

All these features are already known but have not received an adequate appreciation in terms of the huge potential they provide for tourism and hotel infrastructure.



In winter with ski resorts and thermal waters, in summer with cool natural forests beauty on the one hand and seasides on the other, Bursa is the place to feed tourism all year round.



So, if to sum up, what are the plusses of Bursa in comparison to other places of Turkey which are already known in touristic circles?

  1. Close location to Istanbul, availability of its own airport;
  2. More affordable prices on property and life;
  3. Developed city infrastructure and a big number of the leading enterprises of the country;
  4. Close distance to the seaside of Marmara on the one hand and being protected by the woods and forests of the Uludag Mountain on the other one;
  5. Mild climate and weather conditions with moderate summers and mild winters;
  6. Rich historic past;
  7. Hospitality of the local people which resembles the one of the Mediterranean area;
  8. A variety of cuisine which combines traditional Turkish food with the tastes of the Aegean region;
  9. Close location to the Aegean side and its attractions;
  10. Possibility for a big variety of the leisure activities depending on the tastes and preferences all year round.



Our team has already done analysis of the main hotels in the city and its surroundings.

We can provide you with deeper insights on plusses and minuses of the current state of the touristic infrastructure in the city and potentials which can be discovered.



Together with that, we can guide you in your investment decisions.

You can consider buying land for new projects, and we will provide you with all the information concerning the potential of the place for tourism purposes.

You can also consider renovating and reconstructing current projects for the purposes of your business and ideas.

We can also offer you options of the hotels and recreational places which can be taken over at once to continue with their current functioning or changing for better business ideas.

Please feel free to contact us and we will be happy to assist you in your projects and ideas

Bursa – the City of the Industrial Production and International Trade

Bursa – the City of the Industrial Production and International Trade

Bursa, one of the few cities in the world that has succeeded in combining natural beauty with industry and technology.

Being the centre of industry and culture, Bursa has turned into a driving force of the Turkish economy, especially taking into account the increasing inflation and economical crisis of nowadays.

With its factories and production areas, Bursa makes a significant contribution to the country’s economy by intensive import and export activities.

The city has a well-developed infrastructure and technological background to continue its rise in production and international trade.

Located in a close distance from the sea routes of the Marmara Sea, Istanbul, and the Aegean Sea, being surrounded by other industrially powerful areas of Turkey, Bursa has gained a reputation of the city which is rapidly developing and quickly reacting to the demands of the international production and trade.

Thanks to its favourable climate, affordable routes of transportation, closeness to the vein of the Turkish economy and production, Bursa has opened its doors to the partners from Eastern and Western Europe, Middle and Far East, countries of the North and South America. 

In Bursa, such sectors such as textile, automotive, machine-metal manufacturing, agriculture-based industry, food, furniture are leading the market and producing value at the national and international levels.

32 of the 500 largest Turkish companies are located in Bursa.

According to the records of the Provincial Directorate of Science, Industry and Technology, the total number of factory parcels in the region is 2,142, and the number of active facilities is 1,652.

What Industries are Especially Developed in Bursa?

Automobile Industry

Among the 250 companies in Bursa, the automotive industry produce the highest added value with a share of 44 percent. Automotive is followed by the food, agriculture and livestock industry with 16 percent, and the textile and apparel industry with 15 percent.

Two car factories of Turkey are located in Bursa. They are Renault and Tofaş (Fiat). The number of factories related to automotive industry working in Bursa are quite high. 16 types of machines are manufactured in Bursa including different types of equipment and tools. 32 varieties of auto accessories are assembled at the factories of Bursa and its branches in other cities and countries.

Textile Industry

In Bursa, there are 18 organized industrial zones and approximately 4100 textile and ready-made clothing companies operating in 1 free zone.

The textile factories manufacture goods using nylon, polyester, wool, etc to produce a big variety of textile for homes, cloths, cars, and so on.

2020 Data 

Bursa´s companies have developed a big number of local products which have been exported all over the world for the last 10 years, thank to the series of business projects developed together with the city municipality. 

Bursa has also become famous for such products as first metro-bus produced in Turkey, first domestic tram, first national 3D printer, laser chip, etc. 

250 big companies in Bursa reached 189 billion TL in their net sales, 30.6 billion TL in their added value, and 49.9 billion TL in their equities in 2020. 

The assets of these companies were recorded as 145.7 billion TL, their sales from production as 139.4 billion TL and their profit for the period is 12.6 billion TL. 

The exports of 250 large companies in 2020 amounted to 9.8 billion dollars. 

The total employment of the first 250 companies in 2020 was 149 thousand people.

In Bursa, the locomotive city of the Turkish economy, the first 6 companies ranked according to their net sales in 2019 maintained their positions in 2020 as well. 

Renault took the first place with 31.2 billion TL, the same as in 2019. Tofaş ranks second with TL 24.7 billion, while Bosch ranks third with TL 8.4 billion. Borcelik, Limak, Sütaş, Pro Yem, Yazaki Systems, Beyçelik Gestamp and Asil Çelik followed the 3 companies mentioned above. Out of the companies in the ranking list, 68 are automotive sub-industry, 43 are textiles, 30 are food, agriculture and livestock, 22 are retail trade, 17 are machinery and equipment, 13 are metal, 7 are ready-to-wear, 7 wood forest products and furniture, 6 plastics, 5 cement, soil products and mining, 5 energy, 5 environment and recycling, 4 construction, 4 automotive main industry, 3 economic relations and finance, 3 services, training and consultancy, 3 chemistry, 3 logistics, 1 electrical-electronics, and 1 health.

To find out more about the city, its industries and producers, set up connections for import-export activities, please feel free to contact us start.inforum@gmail.com

Resources:

Bursa’nın en büyük 250 şirketi belli oldu! İŞTE TAM LİSTE https://www.memleket.com.tr/bursanin-en-buyuk-250-sirketi-belli-oldu-iste-tam-liste-2110235h.htm

Turkiye Tekstil Sektörü ve Bursa https://uib.org.tr/tr/kbfile/turkiye-tekstil-sektoru-ve-bursa

Bursa’da Organize Sanayi Bölgeleri https://www.btso.org.tr/?page=bursaeconomy/industrialzone.asp

Choosing Turkey to Improve Your Health? Here are Some Things to Consider

Choosing Turkey to Improve Your Health? Here are Some Things to Consider

With opening borders and making tourism more and more available in terms of travel regulations, finance, a variety of the traveling means and affordable destinations, medical tourism has gained a special place and becomes more and more popular among customers of all social groups and levels.

Why To Search for Health Services Abroad?

Reasons for Growth in Demand for Medical Tourism / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

Being not satisfied with the local health services, their costs or due to the absence of some services, patients start looking for the medical opportunities in other countries.

When we think about health services, moreover in a different country, there are several things which are usually taken into consideration according to the recent research data:

  • quality of clinicians;
  • quality of facilities;
  • reputation of the clinicians / hospitals;
  • information available and its accessibility;
  • price for services;
  • accessibility of the destination or easiness to travel
Factors to Consider When Choosing a Place to Receive Medical Services / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

The distribution of the tourists flow is quite different and it tends to change depending on the political and economic situations, powers of influence, reputation and costs, easiness to travel and attractiveness of the services themselves.

Tourism in the World / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

Among a variety of places and destinations for medical services and health tourism, Turkey has occupied a firm position with its attractive costs, quality of the hospitals, beautiful locations, speed of diagnostics and treatment provision.

Thanks to its geographical location Turkey has become Choice Number One for patience coming from Middle East and Europe, including neighbouring countries and those which are quite far (e.g. Indonesia, Sri Lanka, etc.).

Turkey as a Destination for Health Tourism / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

So, What Makes Turkey So Attractive in Terms of the Medical Services?

Together with a favourable geographical location and climate peculiarities, the country has gained a positive image worldwide due to a big variety of medical infrastructure and facilities.

The medical centres are equipped with modern diagnostic machines, tools and all necessary chemicals to make diagnostics quick and to provide necessary treatment prescriptions in a fast way for the patients to keep up with their travel plans.

Together with that, available language services make communication easy and understandable for all patients. Whether they are coming from Eastern Europe, West or from the Arab countries, they can find appropriate interpretation services, services for translation of their medical papers and prescriptions, to make the process really fast and comprehensible.

Strengths of Turkey as a Destination for Health Tourism / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

Dynamics in the popularity of Turkey as a Medical Destination can be checked on the picture below, starting from 2013 and coming up to 2020, when some fall can be observed due to the travel restrictions, caused by the global lockdown.

Dynamics of the Medical Tourists Flows to Turkey / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

Stabilising the global situation in terms of traveling is going to renew the flows of tourists coming to Turkey with a purpose to find better medical solutions and services for their health.

Meanwhile this time can be used to rethink and to revaluate potential of the country in the global market of the medical services and to consider its weaknesses contrasting with the achievements of the main competitors.

Among the weaknesses to be considered is the absence of standards on the medical services, discrepancy of provision available in private and public hospitals, necessity to enhance the medical staff’s competences on the patients’ rights, international regulations, and so on.

Weaknesses to Consider for Enhancing Medical Services for International Patients in Turkey / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

Together with that the hospitals and doctors working in Turkey still need international branding for their services to be known and accepted at the international level.

With the enthusiasm of the local medical business, high standards for the medical education in the country, encouraging the most talented students to choose medicine as a profession and pursue medical career with the support of the government, it is certain that the medical sector of Turkey will continue developing and gaining more popularity worldwide.

Despite national enthusiasm there are still things to consider on the way to improvements and development and namely some threats which cannot be ignored.

Among them is political instability, strong international competitions and some other factors which can be checked on the picture below.

Threats to Consider in Developing Medical Tourism in Turkey / Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey), at APBM 2021, II International Conference on Applied Psychology and Business Management

References

Burtan Doğan, B., & Aslan, A. (2019). Türkiye’de Sağlık Turizminin Mevcut Durumu ve Ülke Ekonomisine Katkıları. 9(18), 391-420.

Saglık Turizmi Verileri. (2021). 10 28, 2021 tarihinde USHAŞ: https://www.ushas.com.tr/saglik-turizmi-verileri/ adresinden alındı

SHGM Sağlık Turizmi Daire Başkanlığı. (2021). Ministry of Health: https://saglikturizmi.saglik.gov.tr/siteagaci adresinden alındı

Tengilimoğlu, D. (2021, Ekim). Sağlık Turizmi. Eskişehir.

Uysal Şahin, Ö., & Şahin, M. (2018). Türkiye’de Sağlık Turizminin Potansiyeli ve Geleceği: SWOT Analizi. Journal of Awareness, 3(Special Issue), 287-300. doi:10.26809/joa.2018548638


The overview is based on the materials of the research and presentation done by Assoc. Prof., Dr. Alper Guzel (Gazi University, Turkey) at APBM 2021, II International Conference on Applied Psychology and Business Management

More information on the medical tourism in Turkey, suggestions, recommendations together with consultancy and translation for individuals and groups who would like to visit Turkey for the health purposes can be received by contacting us at start.inforum@gmail.com.


Let’s Visit Odessa

Let’s Visit Odessa

Odessa is one of the most populous cities of Ukraine and a major tourism center, known also for its seaport and transport hub.

Odessa is located in the south-west of the country, on the northwestern shore of the Black Sea. 

Odessa is the main trading and fishing port of the country and its harbour is kept open all year round, with the use of ice-breakers in winter.

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It is also a major industrial city of the region and the country, a cultural centre with museums and theatres, and a world famous opera house.

Owing to its milder climate, and a location on the very shore of the Black Sea it became a popular resort, attracting tourists from different countries.

The city being a rail junction helps Odessa with some of its exports in petroleum , processed food, fertilisers, chemicals, plastics, pharmaceuticals, machinery, clothing and others.

Odessa also is a centre for qualitative education. The graduates from its state universities, polytechnic, medical schools, marine academy and a music conservatory are valuable specialists not only in the country but abroad too.

With the purposes of tourism , education, business, trading, entertainment or just sun-bathing and swimming in the sea you can come to Odessa and find great solutions for your plans and ideas.

Accommodation in Odessa

The city covers a large area and to better orient in the city for making plans for the trip and the tour logistics we will suggest you a few places which are remarkable for their location and quality of services.

Mozart Hotel

The hotel in the center of Odessa Mozart is not only the hallmark of the city, but also the pride of every Odessa’s citizen for its unique architecture and exceptional beauty.

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It is located in the historical center of the city, in close proximity to the architectural and historical heritage of the city – the Opera and Ballet Theater, which is rightfully considered one of the most beautiful architectural creations of Europe and was miraculously saved during the Second World War.

The building of the business hotel “Mozart” in Odessa is not inferior in its historical value to the famous theater. During the reconstruction, according to old photographs and plans of the hotel, which was located in the same building at the beginning of the 19th century, the facade and interior of the premises were restored.

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Today, the Mozart Hotel is a European-level hotel that meets high modern standards, while maintaining the authenticity of its architecture.

The hotel has 78 rooms ranging from 11 to 69 sq.m. The furnishings of the rooms, from furnishings to furnishings, combine classic and modern styles.

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Hotel Londonskaya

It is the first hotel which was built in Odessa in 1827 and since then I has had a long history, seeing the change of the time and epochs.

The hotel’s classic interiors of the 19th century provide the hotel’s guests with the comfort and luxury.

The hotel has 69 rooms of different categories with beautiful views from the window to Primorsky Boulevard and a cozy patio.

Since 1827 it has hosted such outstanding people as Isadora Duncan, Paulo Coelho, Marcello Mastroianni, Sergei Eisenstein and other famous personalities.

The hotel is located in the city center in Primorsky Boulevard which is among the main touristic attractions of Odessa.

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Bristol Hotel

Bristol hotel is located in Pushkinska street in the historical center of Odesa. The hotel is walkable to the main city sights and convenient to the main transport hubs of the city:

  • Railway station 1.5 km;
  • International airport “Odesa” – 12 km;
  • Odesa sea port – 1 km

Bristol hotel is the place where all your wishes come true with five star hotel service staying in the heart of Odesa, visiting SPA, organizing conferences and weddings in the most grandeur facilites of the city.

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Deribas Hotel

The hotel is located in the very heart of Deribasovskaya Street, the central and the most important touristic attraction of Odessa.

The affordable prices and convenient location makes the hotel to be a good choice in terms of budget and opportunities for touring and entertainment.

The hotel can offer clean and comfortable rooms, decorated in a classic style and creating a nice atmosphere for a rest after a busy day.

The hotel is very near to a wide range of restaurants and bars to have a big choice for food and time spending.

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Venus Hotel

The hotel enjoys its centaur location, being in a walking distance from the main touristic, historical and cultural attractions of the city.

As most of the buildings in the city centre, the hotel is remarkable for its architecture and stylish decoration.

Being a good offer in terms of budget and location, the hotel can be a good choice for those who come for short term trips and have busy time during the day to have a good rest in the cosy and comfortable rooms of Venus Hotel at night.

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Palais Royal Boutique Hotel

This is another suggestion to stay central in Odessa, combining the comfort of the place with the entertainments of Deribasovskaya Street.

The hotel interior design attracts attention with its classic style, smart combination of different shadows of brown, creating a cosy and relaxing atmosphere where there is nothing to give disturbance or irritate.

The hotel has its own restaurant which comes out to the garden where the visitors can enjoy their meals and exquisite deserts while listening to the tunes of Deribasovskaya Street which are especially charming in the evenings.

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Atlantic Garden Resort Hotel

Our hotel is located close to the seacoast and Arcadia, the most famous recreation area of Odessa.

The hotel meets European standards of quality and services. The interior of the hotel can surprise with its exclusive design, and its restaurant is known for its inquisitive cuisine.

The hotel’s rooms are cozy and comfortable. Its large sunny terraces open to a magnificent panorama.

In the FITNESS & SPA the visitor will be able to regain their energy and refresh themselves.

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Odessa is a good place to visit in any time of the year, sharing its beauty with the visitors in its remarkable architecture, special spirit of the streets and its yards, bars and restaurants with alive music and a diversity of food and drinks.

The city provides a wide range of opportunities for business, education, trade and just a leisure time all round the year, warmly welcoming its visitors and making them come here again and again.

To explore Odessa, arrange accommodation for individual and group tours, business trips, to provide guidance and consultancy in any question, concerning your interests in Odessa, please feel free to concat us

Happy International Translation Day! – Challenges of Translation Nowadays

Happy International Translation Day! – Challenges  of Translation Nowadays

To all our colleagues and business partners our best wishes on the International Translation Day, 30 of September!

Let’s take a look at some historical facts concerning the establishment of this day as a special day of translators all round the world, and challenges faced by translators in the modern world.

It is not so long ago as International Translation Day was recognised as a world event. 

The United Nations (UN), the UN General Assembly adopted a resolution to declare September 30 as the International Translation Day on May 24, 2017.

This day recognizes the contribution of language specialists to reinforcing international understanding, improving communication and cooperation among nations for worldwide peace and security.

Translation is one of the oldest professions, rooting in the times when at least one pair of different languages came into existence. To make a bridge between two tribes and two languages, using any means to make people understand each other, was the mission of first translators.

The conditions of the translations’ work were changing through time as well as the demands put forward to the final translated text.

Surely, when working with a text, the translator has to deal with words of multiple meanings, a big variety of means which are different in the language of the source text and the targeted language and to search for the best way to convey the meaning. And it will be always like this. Though the question here is how the translators’ job goes on in present days, regardless of the languages but in concern of the social and economic processes, demands and expectations of the modern world.

Let’s discuss at least some of the them.

Increasing competition from other translators

Globalisation and increased interconnection of the world made it easier for customers to rich a big number of translators who can take up the task and make it quickly and professionally. A quick web search presents customers with the most active and renowned translators, many of which are often larger companies.

For the independent translator, trying to stand out from the crowd can seem quit overwhelming.

The advise here can be to develop specialised niche, establish personal connections with potential customers and keep on widening your social circles to become known for your special skills and achievements.

Competition from machine-based translation 

It’s not just fellow translators that prove to be competitors, the modern translator also has to factor in machine-based translation.

Machine translation is easy to use and free, with solutions such as Google Translate offering the ability to simply copy and paste foreign-language text and click ‘translate’.

Though machine-translation tools are developing very fast, surprising with a raising quality of the equivalents provided for the words and phrases, this kind of translation needs much more work and efforts from a human being to make the text acceptable. Especially if it goes about language pairs which are not in the same family group or about rare languages.

Machine-based translation is really a good help either for amateur language user or for a professional translator, but the significant difference between them is the knowledge and skills of dealing with the text translated by the machine and making it work for the purposes of the human communication. Fine details, hidden meanings, and sometimes openly wrong choices done by the machine are only some things which should be professionally monitored and adjusted to the real language and factual text meaning.

Pricing accurately

With the wide variety of translators from across the globe, the rate of pay varies greatly. Translators who live in some countries may charge less than translators who live in expensive countries.

It can be stressful to think that customers might be getting significantly better value from other translators, and deciding how to put a price on the translation services.

To deal with pricing, the translator needs to be aware of the market situation and at the same time be confident in their abilities to perform reliably and professionally. Over time the circles of the customers will get more settled and it will be easier to manage prices and financial offers.



In Conclusion

These are just a few remarks to mention about the translator’s profession nowadays.

The world is changing as well as its expectations to the professionals in different fields. Concerning translators, they definitely must:

  • Be knowledgeable within the languages of translation;
  • Understand their strong and weak sides in translation and to present themselves accordingly, i.e. doing the translations within the topics and languages which they feel absolutely confident;
  • Be aware of the market processes and the demands for translations;
  • Perform quickly and reliably in terms of timing, quality and accuracy;
  • Be skilful in using at least one or two machine-translation tools to help you work quickly and consistently;
  • Be flexible in timing, performance, negotiations and conditions. As there are no two same persons, there are no two same texts, which means that the conditions of translating and processing the text will always vary;
  • Be open to new knowledge and opportunities, keep on reading to absorb the language norms and broaden your background knowledge. It is not hard to do but it will always work well when you will come across with the task to translate some specific, complicated texts or edit the machine-translated drafts to the level of the language which is acceptable in high academic or political circles.

Yet, despite all challenges, translation is a great area to work in. Meeting new people, learning more about other cultures and countries, and being tuned about the latest processes in the world are the things which make the translator’s job exciting and dynamic.

Happy International Translation Day!

STF Translation Team

Feel free to contact us:

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