The Spanish-Turkish Chamber of Commerce continues to grow…
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The General Assembly Meeting 2024
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On December 19, 2024, the Ordinary and Extraordinary General Assembly of the Chamber was held at the Madrid office, with both in-person and online participation from our members. During the meeting, the election results to fill the vacancies on the Board were announced, and we are pleased to welcome the newly elected members: Limak Holding, Linklaters, Beko Spain Electronics, and Arkas Spain. We would also like to take this opportunity to extend our heartfelt thanks to the outgoing Board members—Waterise, DLA Piper, Vestel, and Luminous Energy—for their years of support and dedication.
And the formation of the new Board of Directors; As president, The Investment Office of the Presidency of the Republic of Türkiye; Vice Presidents, Amadeus, Limak and Roca; the Secretary General, Linklaters; Treasurer, Font & Yildiz Tax and Legal Services; and in Vocals are, Arkas Holding, Banco Sabadell, Barceló Group, BBVA, Beko, CaixaBank, Mapfre, Navantia, and Turkish Airlines.
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The Board of Directors Meeting 2025
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The newly elected Board of Directors held their first meeting on January 27. The meeting served to set new goals and brainstorm about ways to make the Chamber stronger and more relevant to the needs of its members. We will soon follow up with a preliminary calendar of various activities, seminars, events, etc., for which we would be extremely happy to count on the members’ participation, input, and support.
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Visit from the Chamber of Commerce of Çorum
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We were pleased to welcome a visit from the Chamber of Commerce of Çorum (a province in the north of Türkiye, focused on agriculture). We held a meeting with the delegation, which involved discussions on strengthening bilateral business relations, exploring new collaboration opportunities, and sharing insights about the economic and trade prospects between Türkiye and Spain.
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Basbaş FreeZone Seminar
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BASBAŞ Deputy General Manager Ümit M. Güner and Senior Advisor Ümit Yalçın met with more than 30 businesspeople at a specially organized (hybrid) meeting. The session focused on the benefits of establishing businesses in the BASBAŞ Free Zone in Türkiye. BASBAŞ executives highlighted key advantages, including financial incentives, low operating costs, and fast logistics solutions.
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101st Anniversary of the Republic of Türkiye
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On October 29, 2024, the 101st anniversary of the Republic of Türkiye was celebrated at the InterContinental Hotel in Madrid, with the presence of Spanish and Turkish businesspeople and government officials – The Republic of Türkiye was founded on October 29, 1923, by Mustafa Kemal Atatürk – The Board of Directors and members of our Chamber attended the event, which was organized by the Embassy of Türkiye in Madrid. The event provided another great opportunity for networking and strengthening ties between the Turkish and Spanish business communities.
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Tribute to Gabriel García Marquez
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Our member Eyuboğlu Eğitim Kurumları paid tribute to one of the greatest writers in the Spanish language, Nobel Prize-winning author Gabriel García Márquez. The prestigious Turkish educational institution Eyüboğlu School dedicates a special space in its library to the Colombian writer. The tribute was attended by Julio Riaño, Ambassador of Colombia to Türkiye, Fernando Vara del Rey, Director of the Cervantes Institute in Istanbul, and our representative in Türkiye, Vicente Balbin Gallego.
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| Avanza and SpainU Partner for Legal Advisory ServicesAvanza has partnered with SpainU to offer relocation and legal advisory services for those planning to move to Portugal. |
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Avanza Selected for ICEX »Women in Internationalization» Event
Ana Matiilla Valls from Avanza Portugal attended and held a speech at the «Women in Internationalization» event hosted by Spain’s Ambassador, Juan Fernandez Trigo and ICEX on September 17. Ana is an active member of various Women’s organisation in business including AMPE (Asociación de Mujeres Profesionales Españolas en Lisboa).
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Avanza promotes the expansion of companies from the Aragón region into Portugal. In collaboration with AREX, Avanza has expanded further into Portugal, focusing on the public works, automotive, and food industries.
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The 2025 Investment Program
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The 2025 Public Investment Program of Türkiye was published in the Official Gazette on January 15, 2025. The program highlights the timely completion of ongoing projects, while also incorporating new projects that address urgent service needs which can result in significant economic and social benefits.
Should you need any further information, please do not hesitate to contact us.
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A visit to Valdeorras
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Our member Cayetana Pardo, a certified sommelier, is working on an exciting project to promote Spanish wines in Türkiye. She recently visited Galician wineries in search of 100% Godello, the flagship grape of DO Valdeorras, known for its full-bodied profile, balanced acidity, and intense fruity and floral aromas. Her goal is to add a winery producing this highly prized variety to her portfolio. In 2022, a Godello from this region scored 100 Parker points, marking a major milestone for the variety.
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Golden Visa program in Spain
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Spain’s Golden Visa program will be abolished, as announced in the Official State Bulletin on January 3, 2025. This means that residence permits by investment—whether through real estate purchases, business investments, government bonds, or social projects—will no longer be available.
The law will take effect on April 3, 2025, and only pending applications will be processed until then. However, existing permits and their renewals will remain valid.
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Font and Yildiz Tax, Legal and Economic Services
Font & Yildiz provides legal, tax, and economic advisory services to national and international companies, family estates, and start-ups. It includes foreign investments, tax compliance, corporate law, M&A, financial restructuring, litigation, succession planning, global mobility, and tax-accounting-labor management. Contact info@fy-legal.com for more information.
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Font & Yildiz advises in 20 million Commercial Property Acquisition
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Font & Yildiz was involved as advisors in the 20 million euro purchase of a commercial property in Paseo de Gràcia, Barcelona, leased to Patek Philippe. The team included Axel Yildiz Kalayci, Ricardo Martín Albert, and Antonio Crous Prats.
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