ISTANBUL - Turkish businesswoman has been ranked the ninth in the Fortune Magazine`s annual international list of "50 Most Powerful Women In Business".
Guler Sabanci, president of the Executive Board of the Sabanci Holding, is the only Turkish businesswoman on the list.
The magazine introduced Sabanci as a 53-year-old businesswoman in her fifth year at the helm of her family`s industrial, financial, and retail empire.
Sabanci Holding`s revenue grew 23 percent in 2007 to 14.8 billion USD, and the firm continues to profit from Turkish economic growth. Sabanci also is expanding the conglomerate`s supermarket chain, and entering into a new energy joint venture, Enjerjisa, that aims to beef up the undersized Turkish power system.
(UK-MS)
(ECO)