CottGroup® CEO Selim Tankut Akdağ delivered a speech at 10th Cost Reduction Summit

CottGroup^® CEO Selim Tankut Akdağ delivered a speech on New Approaches- BPO (Business Process Outsourcing) at the 10th Cost Reduction Summit.

The summary of the speech was:

20 years ago people frowned when the word “outsource” was used. However, today it is possible to outsource various business processes with the development of the IT technologies, independent of time and space.

In the global market, it is meaningful for companies to outsource all unrelated business processes to third parties in order to focus on their main business better.

By doing so, companies can decrease their operational costs with the help of the secure and high technology service provider.

Cottgroup in Bloomberg Businessweek

Bloomberg Businessweek magazine published a useful infographic prepared by the CottGroup

In this user-friendly infographic, important details of the contract termination were shared.

Both the employers and the employees were informed about their rights in the case of contract termination, according to the Turkish Labour Law.

Türkiye - Rising energy needs and supportive political environment promotes foreign hydropower investment

Türkiye's electricity demand is expected to reach around 420 TWh annually by 2020 according to the Turkish Electricity Transmission Corporation. Given the favourable landscaping and the government's target to deliver 30% of its primary energy demand from renewables by 2023 results in the introduction of policies making it easier for private and foreign companies to invest in the Turkish renewable energy sector.

Hydroelectric power facilities have been developed since the early 1930's and are today one of the leading renewable energy sources in Türkiye. There are many new projects in development however some of the projects face some slowdowns.

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