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What didn´t escape from my eyes today
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1.       si++
3785 posts
 14 Jan 2013 Mon 12:46 pm

Simit, ‘daily food of poor,’ whets foreign appetite

Simit Sarayı and several other restaurant chains have taken simit, the Turkish bagel, indoors, creating a new sector. AA photo

Simit Sarayı and several other restaurant chains have taken simit, the Turkish bagel, indoors, creating a new sector. AA photo

Simit, once a very local taste generally considered the cheapest meal for poor people, has turned into a large business dominated by chain restaurants and attracting foreign investors.

Dubai’s Abraaj Capital and U.S. Colony Capital are competing for a 50 percent stake in Turkey’s Simit Sarayı, the top brand that has proved the great commercial potential of the simple food, according to its president, Abdullah Kavukçu.

“We will not sell it for less than $500 million,” daily Hürriyet quoted Kavukçu as saying yesterday.

The company, which has already expanded abroad with 18 branches, is also planning a public offering in the first six months of 2013 for between 10 and 15 percent of its shares, Kavukçu said.

Simit, which might be loosely defined as a Turkish bagel topped with sesame seeds, is a traditional form of pastry dating back to the 14th century, and was mainly sold by street vendors throughout the Ottoman Empire as well as in the modern Turkish Republic. Simit is the common name of dozens of similar products across Turkey and Simit Sarayı simit is a variation of the Istanbul type.

With well-deserved fame as the best accompaniment to Turkish tea and local types of cheese, it was also appreciated in court cuisine. Luxury restaurants still continue a more elegant simit tradition; however, the main group of consumers has become low and middle-income people who choose local simit over other fast-food options in the modern urban race against time.

´A Turkish brand´
Simit Sarayı, launched in 2002 as a bakery-cafe enterprise, was a pioneer of a new kind of business that offered simit in specialized restaurants at affordable prices and has encouraged many others.

“We have never considered selling Simit Sarayı in full,” Kavukçu said. “It is a Turkish brand, and we want it to remain so.”

However, the company is prepared to leave management of the brand to the future partner if this would help Simit Sarayı become a world brand, he said.

Simit Sarayı currently sells 83,000 simits on an average day, reaching 150 million Turkish Liras in annual revenues in 2012. Some 40 percent of the income comes from simit and tea sales, the executive said. It serves 400,000 customers daily, and the 204 restaurants of the chain sell other pastry products. Simit Sarayı plans to increase the number of stores to 280 this year.

“We will use the capital from the share sale in the simit business. We are not considering doing another job.”
Last year, a move to obtain a patent for simit by the Istanbul Simit Sellers Chamber drew a negative reaction in Greece as the neighboring country has discussed the pastry being originally Greek.

 

Source: here

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2.       si++
3785 posts
 19 Jan 2013 Sat 10:58 am

Hansom is back for some time now and he started to feed his usual stuff (Kurdish, PKK) again.

3.       thehandsom
7403 posts
 19 Jan 2013 Sat 03:55 pm

 

Quoting si++

Hansom is back for some time now and he started to feed his usual stuff (Kurdish, PKK) again.

 

That is what the topic is in Turkey.

Even if we all say that "we dont have a Kurdish problem", it wont go away.

It is better for you to live with the reality!



Edited (1/19/2013) by thehandsom

4.       si++
3785 posts
 26 Feb 2013 Tue 09:48 am

Hansom is stirring (and heating) up the threads as before.

5.       thehandsom
7403 posts
 26 Feb 2013 Tue 01:27 pm

 

Quoting si++

Hansom is stirring (and heating) up the threads as before.

 

Calm down.

6.       si++
3785 posts
 26 Feb 2013 Tue 01:37 pm

Hansom is going through a period of nostalgia.

7.       si++
3785 posts
 25 Mar 2013 Mon 01:48 pm

harp00n has too much time to waste with hansom.

8.       thehandsom
7403 posts
 25 Mar 2013 Mon 05:25 pm

9.       catwoman
8933 posts
 26 Mar 2013 Tue 03:57 am

Simit must be pretty good with cream cheese and coffee!!! If only one could find American style coffee in Turkey.. Sorry - you cannot change one´s coffee preferences. 

10.       thehandsom
7403 posts
 26 Mar 2013 Tue 12:38 pm

 

Quoting catwoman

Simit must be pretty good with cream cheese and coffee!!! If only one could find American style coffee in Turkey.. Sorry - you cannot change one´s coffee preferences. 

 

When in Rome, do as the Romans do

We wont change Turkish customs because of YOU!!! {#emotions_dlg.razz}

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