Corporate Advisory  ·  Istanbul & Madrid

Advisory for Companies Working Between Spain and Türkiye.

We advise companies, banks and institutions on entering the other market, identifying the right counterpart, reaching the right institutions, and converting an opportunity into a signed agreement. Built on more than three decades inside both markets.

Based
Istanbul, with activity across Madrid
Mandates
Market entry, partners, institutions
Clients
Companies, banks, chambers, public bodies
In Collaboration With
  • Embajada de España
Since 1992Continuous Presence in Türkiye
€20BAnnual Spain and Türkiye Trade, Target €30B by 2030
30+Spanish Companies Convened in Istanbul
3 LanguagesWork Delivered in Spanish, English and Turkish

Our Services

Six Areas of Advisory Practice.

Every mandate is scoped in writing before it begins, with a defined objective, a workplan and an agreed fee. You receive a route into the market, the counterparts to pursue it with, and representation on the ground where it is required.

01

Market Entry and Strategy

A realistic route into Spain or Türkiye, scaled to what you intend to build.

  • Opportunity, demand and competitor assessment in your sector
  • Entry model: agent, distributor, joint venture or wholly owned subsidiary
  • Costs, timelines and the regulatory map before you commit
02

Partner Search and Counterparty Due Diligence

The right counterpart, properly understood before you meet them.

  • Longlist and shortlist drawn from the market itself, not from directories
  • Ownership, financial standing and reputation verified locally
  • Introductions made in person, with sustained follow up
03

Institutional Access

Access to the institutions that determine whether a project advances.

  • Embassies, ICEX, the Turkish Investment Office and trade offices
  • Chambers of commerce and industry in both countries
  • Trade missions, delegations and official agreements
04

Banking and Finance

Three decades of banking on this corridor, applied to how capital actually moves.

  • Banking relationships in both markets, conventional and participation finance
  • Cross-border payments, guarantees and trade finance structures
  • Introductions to financing lines, investors and fintech partners
05

Joint Ventures and Cooperation

Partnerships structured to endure, rather than agreements that stall after the first meeting.

  • From first contact to memorandum of understanding to signed agreement
  • The governance questions family businesses genuinely face
  • Support at the table, in both business cultures
06

Third-Market Expansion

Spanish and Turkish strengths combined, then directed at a third market together.

  • Joint entry into Central Asia, North Africa and the Gulf
  • Turkish manufacturing paired with Spanish market access
  • Partner search and institutional support in the destination market

How We Work

A Defined Process, Priced Before the Work Begins.

Sound advice is measured in the time and capital it saves. The work is therefore scoped precisely, priced in advance, and carried out by the person you met on the first call.

  1. 01

    First Call

    Thirty minutes on what you intend to achieve and whether we are the right firm to assist. Without cost or obligation.

  2. 02

    Written Scope

    A concise proposal: the objective, the work to be undertaken, the parties to be approached, the timeline and the fee. Nothing begins before you approve it.

  3. 03

    Execution on the Ground

    Research, meetings, introductions and accompaniment in market, with a named contact and regular reporting.

  4. 04

    Representation or Handover

    We continue as your presence in the market, or transfer the relationships in good order to your own team.

Who We Work With

Spanish Companies Entering Türkiye

Industrial, consumer and services firms considering a market of 85 million people on Europe's doorstep.

Turkish Companies Entering Spain and the EU

Family groups and exporters requiring a European base, a partner or a distribution route.

Banks, Funds and Fintechs

Institutions developing cross-border payment, financing and participation finance relationships.

Institutions and Chambers

Public bodies, chambers and trade offices organising missions, delegations and agreements.

Sectors

Sectors of Specialisation.

We accept mandates where the relationships are already established. Where a request falls outside them, we will say so at the outset.

01

Banking and Participation Finance

Conventional and participation (Islamic) finance, a rapidly growing axis of Spanish and Turkish cooperation.

02

Fintech and Payments

Cross-border payments, digital transformation and partnerships between both fintech ecosystems.

03

Trade and Foreign Investment

Two-way flows that have remained balanced and growing for three decades.

04

Industry and Family Business

Türkiye's established family enterprises, from Izmir to Bursa, seeking Spanish partners and scale.

05

Aviation, Logistics and Connectivity

The routes and links that carry the corridor, from direct flights to distribution and freight.

06

Institutional and Public Affairs

Embassies, trade offices (ICEX, Turkish Investment Office) and chambers of commerce.

The Corridor

Spain and Türkiye Have Never Traded More.
The Question Is With Whom.

Bilateral trade has grown steadily for two decades to approximately €20 billion a year, and both governments are targeting €30 billion by 2030. Direct flights now connect Madrid, Seville and Istanbul. The opportunity is not in question. What determines an outcome is knowing which counterpart is sound, which institution unlocks a decision, and how business is genuinely concluded on each side.

  • Trade Alone Is No Longer the CeilingThe value now lies in cooperation: scale, management capacity and joint expansion.
  • Türkiye Is a Production Base, Not Only a MarketManufacturing depth in Bursa, Izmir and Anatolia, within the customs union with the EU.
  • Third Markets Represent the UpsideSpanish and Turkish firms together reach Central Asia, North Africa and the Gulf.
Meeting of Spanish companies operating in Türkiye, Istanbul
Meeting of Spanish companies in Türkiye, convened with the Spanish Embassy and the Trade Offices of Ankara and Istanbul.

Who You Work With

The Practice Is Led by Vicente Balbín.

In Türkiye since 1992, and from 2006 Director of Banco Sabadell's Representative Office in Istanbul, a position that gave him a banker's command of the trade, finance and investment flows between the two countries.

He is today Representative Delegate in Türkiye and a Board member of the Official Spanish-Turkish Chamber of Commerce. He convenes the Spanish companies operating in the country, works alongside the Spanish Embassy and the ICEX trade offices in Ankara and Istanbul, and signs agreements with Turkish chambers. That network is the foundation of every mandate.

“The era of simply buying and selling is over. The future is cooperation between Spanish and Turkish companies, to gain scale, management capacity, and the strength to face global competition together.”
Roles and Recognition
  • Official Spanish-Turkish Chamber of CommerceRepresentative Delegate in Türkiye, Board member
  • Banco Sabadell, Istanbul Representative OfficeDirector, from 2006
  • Royal Order of Civil Merit, CommanderAwarded by H.M. King Felipe VI of Spain
  • Turquoise Card (Turkuaz Kart)Presented by Türkiye's Minister of Labour, April 2026
  • Universidad Pontificia Comillas, ICAI-ICADEMadrid, 1983 to 1988
  • Sociedad de Estudios InternacionalesMember, Madrid
Full Profile on LinkedIn
Vicente Balbín Gallego
Vicente Balbín receiving the Turquoise Card from Minister Vedat Işıkhan
Receiving the Turkuaz Kart from Minister Vedat Işıkhan. Istanbul, April 2026.

Get in Touch

Tell Us the Market and the Objective.

A first call takes thirty minutes and costs nothing. You will leave it knowing whether the opportunity is real, what it would require, and whether we are the right firm to pursue it with you.

Request a Consultation

Enquiries answered in Spanish, English or Turkish.