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Frost & Sullivan Commences Operations in Turkey


March 29, 2011 - London

Frost & Sullivan, the Growth Partnership Company, has opened an office in Turkey to integrate its Eastern and Western operations. With more than 40 offices worldwide, Frost & Sullivan leverages the expertise of over 2,000 industry analysts and consultants to enable clients to achieve sustainable growth.

Turkey has grown to become the 16th strongest economic power globally with its $1 trillion economy. "With the commencement of Frost & Sullivan's Turkish operations, leading global businesses will receive a more comprehensive perspective of the Turkish market," says Philipp Reuter, Director of Frost & Sullivan Turkey. "Our analyses and long-term market projections will prompt global companies to make more significant investments in the Turkish market. We already see massive interest to invest in industries such as renewable energy, healthcare, avionics, automotive and retail."

Turkish companies, too, will benefit from partnering with a global company with a strong local research presence. "Our Turkish partners are keen to monitor the global markets more closely to keep their growth strong," notes Mr Reuter. "They do not want to miss out on any opportunity abroad and are open to increasing their global footprint and starting new joint ventures as competition within the country is set to increase."

Frost & Sullivan's market intelligence, customised growth consulting, growth strategies, and implementation support enable CEOs and their 'Growth Team' to identify market opportunities, effectively evaluate the highest probability for success and create result-oriented collaborative teams. Frost & Sullivan's Turkish office intends to develop an expert research team comprising a domestic workforce. This underscores their objective of developing the Turkish operations into a research hub for the entire Eurasian region.

"Turkey's economic progress and prospects warrant more substantial investments," concludes Mr Reuter. "We work across 12 industries worldwide and can help accelerate the growth strategies and objectives of Turkish companies, specifically in the high-potential industries of aerospace & defence, automotive, transportation, telecommunications, energy and healthcare."

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Contact:
Chiara Carella
Head of Corporate Communications - Europe, Israel, Africa
Frost & Sullivan
t) 0044 (0) 207 3438314
m) 0044 (0) 7533017689
e) chiara.carella@frost.com

Philipp Reuter
Director - Turkey
Frost & Sullivan
t) 009 0212 244 69 41
e) philipp.reuter@frost.com

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