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Turkish
consumer goods retailer Migros, owned by Koc Holding, is targeting a turnover
of $1.0 bln (1.159 bln euro) in 2001, compared to $982 mln (1.139 bln euro)
in 2000, company's general manager Oktay Irsidar said. Following these
expectations Migros invested between $300,000 (348,000) and $400,000 (464,000
euro) in its new online B2B (business-to-business) project at
www.b2bmigros.com.tr. Migros plans to post a net profit of $115 mln (133 mln
euro) from operations outside Turkey and a profit of $225 mln (260.9 mln
euro) inside the country by the end of 2001.
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