
WirtschaftsWoche examines how KOBIL founder İsmet Koyun was managing the impact of Turkey’s 2021 lira and inflation crisis. Koyun said KOBIL was relatively insulated because its software was developed by international teams and exported globally, while around 100 employees were based in Turkey. To help retain staff amid rapidly rising living costs, he planned salary increases of roughly 50 to 60 percent from January 2022.