Sarens forms a Joint Venture with Makzume to expand its operations in Turkey and neighbouring countries Turkey with its commercial capital Istanbul, has developed as the hub of the extended regions including Black sea countries, Caucasus, some of Central Asian countries, and East Mediterranean/North Middle East countries. Owing to its strategic geographic and geopolitical position in the region, the market is bound to grow in the coming years with an increasing growth to be experienced in the energy and communication markets.