According to the statistics of Anatolia News Agency, companies like Pepsi, Coca Cola, Microsoft, BP, Intel and Mastercard chose Istanbul, Turkey as their headquarters due to the geographical advantages.
Turkey has become a prominent global and regional hub for many international companies in managing, production and distribution. Companies that manage operations in tens of countries from their headquarters in Istanbul also employ many top level Turkish senior executives.
Coca Cola, for example, manages its operations in 90 countries throughout Eurasia and Africa from its Istanbul headquarters. Turkey is a strong country due to its dynamic economy and young population and also serves as a central air transportation hub accommodating numerous carriers.
Another powerful company Pepsi Co’s Istanbul head office has been acting as a regional center for 14 countries – Israel, Greece, Cyprus, Serbia, Bosnia Herzegovina, Kosovo, Macedonia, Slovenia, Montenegro, Romania, Bulgaria and Moldova – since 2008. Turkey is the center of the company’s southeastern European region, while the four other European centers of the beverage and snacks giant are in based in England, France, Spain and Russia.
Microsoft’s Middle East and Africa office in Istanbul is the software company’s center for operations in 79 countries.
Ala Faramawy, a vice president at Microsoft International responsible for business development in the region, said Istanbul is close to crucial regional business centers. “Besides, the business opportunities Istanbul offers, its potential in social development, information and communication technologies, its educated workforce and its infrastructure supporting foreign employees are important,” he said.
Intel, another IT giant, has been managing its operations in 64 countries in the Middle East and Africa from Turkey since 2004, while U.S.-based software firm Adobe also maintains an office in Istanbul that is responsible for its Mediterranean operations.
MasterCard directs operations in 10 countries from its Turkey office, while rival Visa manages its Israel and Romania operations from Turkey.
Istanbul is becoming one of the top cities on the Planet for both business and leisure.