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TRKP | TurkPower | Summary | Profile
TurkPower Corporation – TRKP – is an emerging company focused on Turkey. Its Geography and highly skilled labor force and access to Euro-Zone Market made Turkey one of the fastest growing economies of 2010.
Turkey is aspiring to gain full European Union membership, however, in our opinion, the country benefited from the relative free access to the huge Euro-Zone Market and avoided the fate of Greece and Ireland whose economies suffered immensely.
Massive overseas investment are pouring in and Turkey is enjoying a booming economy and we believe the trend will continue for the near future.
The Company announced in a press release today that it has entered into a consulting agreement with a Domestic Bio-Ethanol producer. (Read Press Release)
TurkPower could benefit from the rising energy demand and the rapid industrialization of its economy.
However, energy producing, refining and delivery is a very capital intensive business, if TurkPower manages to get the necessary funding, we think the company would benefit from the rising energy demand.
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