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Article: Turkey : German auto supplier to invest 15 mln euros(USD 19 million) in Turkey.

Article from:
TendersInfo
Article date:
January 13, 2009
Copyright

Byline: pinto03

A German automotive supplier will soon launch a greenfield investment in Turkey, spending 15 million euros(USD 19 million) despite the darkening outlook in the Turkish automotive industry, which is suffering from a contraction in domestic and international sales.

C. Rob. Hammerstein GmbH & Co. KG (CRH), based in Solingen, Germany, and the Coordination Council for the Improvement of the Investment Environment (YO?KK) announced in a joint statement yesterday that a CRH facility will be built in Gebze, Kocaeli, and that it will ...

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