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Uludağ, one of Türkiye’s oldest and largest soft drink brands, will receive a €25 million loan from the European Bank for Reconstruction and Development (EBRD) to finance investments in production lines and renewable energy capacity.
The loan will finance the installation of two aseptic production lines at the company’s factory in Yenice. These lines will operate without water, use dry sterilization methods that consume less energy, and minimize the use of chemicals.
The financing will also support the installation of solar panels at the factory, helping to reduce the carbon footprint of production.
Additionally, this investment will enhance the company’s competitiveness, enabling it to produce new and value-added products.
Founded in 1912 in the city of Bursa and named after the nearby Mount Uludağ, the company currently operates two production facilities—one in Çaybaşı and the other in Yenice, near Bursa.
With this new phase of our longstanding partnership with the EBRD, the company further strengthening our sustainable production capacity.
"By commissioning aseptic production lines and solar panels for our Yenice factory, we are enhancing our energy and resource efficiency while reducing our carbon footprint. We sincerely thank the EBRD for its valuable support. Together, we will continue to contribute to a greener and more sustainable future,” - said Doğan Güneş Susuz, Head of Finance at Uludağ.
Timothée Chalamet won the Golden Globe for best male actor in a musical or comedy on Sunday for his role in Marty Supreme, beating strong competition in one of the night’s most closely watched categories.
Hawaii’s Kīlauea volcano is showing increased activity, with lava flowing from two summit craters and flames, smoke and ash rising from the caldera.
Bob Weir, the rhythm guitarist, songwriter and co-founder of the Grateful Dead, has died at the age of 78, his family has said.
The United States’ actions in Venezuela have clearly demonstrated not only that Latin America remains firmly in Washington’s geopolitical orbit, but also that the U.S. is the only global superpower.
Israel has sharply escalated its warnings to Lebanon amid rising regional tensions linked to Iran, according to a report by the Lebanese newspaper Nida Al Watan.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.
The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.
Wall Street closed higher on Tuesday, boosted by optimism over artificial intelligence (AI) and a strong rally in Moderna shares, with the Dow Jones Industrial Average approaching a record high.
India’s largest oil refiner, Indian Oil Corporation (IOC), has taken a significant step towards diversifying its crude oil supply by purchasing Colombian crude, from state oil company Ecopetrol, for the first time.
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