Many foreign companies have discovered the Republic of Turkey as a rewarding place for investments because of Turkey’s rapidly expanding economy, political and economic stability and the possibility of European Union membership.

In July 2009, Turkish Council of Ministers declared a decree (published in the Official Gazette dated July 16, 2009 and numbered 27290) ("Decree") for the purpose of encouraging foreign investments in Turkey regarding the government incentives on investments.

Although the most suitable energy resources should be not only affordable and safe, but also environment-friendly and sustainable, use of unsustainable energy resources are widespread.

A public enterprise shall be transferred with all its assets, including the establishment itself and its employment matters such as employees and their employment agreements under Turkish law.

The individual is the basis of the existence of law.

Occupational health and safety may basically be defined as the measures to be taken regarding health problems and vocational risks emerging from the physical environmental conditions that employees, temporary employees, visitors or even customers may encounter during the implementation of the work at a workplace and the ways to prevent or at least minimize, if it is not possible to prevent, such possible problems.

In Turkish law, thearticles of association is an agreement prepared in accordance with the principles and mandatory provisions regulating joint stock companies set forth in the Turkish Commercial Code ("TCC") and signed by the founders to incorporate a joint stock company.

Due to the changing and developing economic and social conditions in Turkey and the world and the resulting constant and rapid development of urbanization, the demand for residence and business centers has risen as more people live in collective building structures.

The concept of undertaking is crucial as it determines the extent to which specific competition law provisions apply, a major example being the evaluation to be made under Article 4 of the Competition Act regarding agreements, concerted practices and decisions limiting competition.

According to Turkish Law, underground resources are subject to the exclusive ownership and disposition of the State and are not deemed as part of the land in which they are located.

Public offering may basically be defined as sale of stocks (shares) of a joint stock company to several unknown investors through a call and announcement.

The chaos which struck Libya a year ago has also left its legal system shattered and in disarray.

The rapidly expanding Turkish economy has been increasingly exciting the attention of foreign investment funds and multinational companies.

Real estate investment trusts ("REIT(s)") are capital market institutions formed for the purpose of managing real estate portfolios and that can invest in: (i) real estate, (ii) capital market instruments, (iii) real estate projects, (iv) rights based on real estate and (v) capital market instruments.

Energy is considered to be one of the key factors in economical development. Sustainable energy resources are of vital importance and the energy resources, which are continuously available for long durations and which have no detrimental social effects, are compulsory for sustainable development.

Letter of credit is a payment mechanism established to finance an international transaction and it is commonly applied in cases where the parties involved are from different jurisdictions.

In recent years, Turkey has become one of the internationally attractive business centers in the world. Compliance with quality, protection and formality standards relating to different sectors of the economy, has always been an important objective for businesses.

Impact Assessment is simply defined as the process of identifying the future consequences of a current or proposed action.

A share certificate is a written instrument signed on behalf of a company, and serves as legal proof of ownership of the number of shares indicated.

Italian legislation describes three (3) types of limited liability companies, namely S.p.A. ("societa per azioni," equivalent to public limited company (PLC)), S.R.L. ("societa a responsabilita limitata," which corresponds with private limited company (LTD)), and S.a.p.a. ("societa in accomandita per azioni," partnership limited by shares).