Press Release

Statement from Medtronic Coinciding with Participation in the 8th Investment Advisory Council of Turkey

Medtronic, Inc.

ISTANBUL- 31 October 2013 - Medtronic today issued the following statement from the 8th Investment Advisory Council (IAC) of Turkey.  The meeting gathered representatives of leading international institutions such as the World Bank, prominent multinational and Turkish companies, as well Cabinet Members to exchange ideas between international business leaders and level policy makers to strengthen the investment climate of Turkey.

Since its inauguration in 2004, Prime Minister, HE Erdogan has chaired every meeting, and together with relevant members of the Council of Ministers, receives insights and expert views of participants about investment policies and reform efforts to improve the Turkish business climate.

Omar Ishrak, Chairman and CEO of Medtronic, the global leader in medical technology, was among the IAC members invited to attend this year. "I am honoured to participate in such a prominent meeting that helps to develop and shape the future of Turkey. This council under the direction of Prime Minister HE Erdogan is providing impressive outcomes year over year," said Ishrak.  "Our commitment to Turkey and the Middle East and Africa region is demonstrated by the investments we are making in building the necessary healthcare infrastructure to better serve physicians and patients. In our partnering with local governments at meetings like the IAC, Medtronic also wants to be part of the solution."

About Medtronic

Medtronic, Inc. (, headquartered in Minneapolis, is the global leader in medical technology - alleviating pain, restoring health, and extending life for millions of people around the world.



Cindy Resman
Public Relations