Jon Gorvett
Once a premium destination for overseas investors, Turkey’s power sector has recently been struggling with the impact of lower-than-expected growth rates, partial market liberalisation and fixed, long-term natural gas contracts. Power generation firms face further stress as the economic impact of the pandemic bites. Efforts to arrange a new debt restructuring deal have been delayed by the virus and wider economic woes, casting uncertainty over future demand. However, the sector retains some high-grade assets, however, which may attract future investor interest.
Agriculture in CEE: Competitive advantages amid structural downsides
Swathes of under-invested land, a strong tradition of agricultural production, and access to EU markets and funds are draws for investors in Central and Eastern Europe (CEE). Recent years have seen landmark investments in the region’s agricultural sector, including from food-insecure Gulf countries. But businesses still grapple with fragmented land holdings and patchy infrastructure. This analysis focuses on two neighbouring countries in South-East Europe, Serbia and Romania, which have attracted big-ticket investments from around the globe and face similar challenges.
