Austrian Post may reconsider doing business in Turkey
Austrian Post’s chairman said that Turkey’s difficult political conditions could lead the company to reconsider doing business in the country. Aras Kargo has reiterated its offer to buy back Austrian Post’s 25 percent stake in the courier company, an announcement it first made in August 2016. Aras Cargo Chief Executive Evrim Aras had stated that he wanted Austrian Post to withdraw completely from the company. Austrian Post later denied it was considering leaving Turkey.