Bosch to invest $184 million in Turkey in 2017

Dünya Executive - - OVERVIEW -

Steven Young, the president and senior manager of Bosch Turkey and the Middle East, has announced that the company will invest TL 650 million ($184.2 million) in Turkey this year, adding that the lion’s share of this investment will go to Bursa. Speaking at a press conference in Bursa, Young reiterated that Bosch will continue its investment­s in 2017, emphasizin­g that the city is a very important place for Bosch. Pointing out that Bosch Turkey also grew last year, increasing its turnover by 14 percent to TL 12 billion ($3.4 billion), Young said, “We continued our investment­s and invested TL 750 million ($212.6 million) in Turkey as the group. Turkey has attracted the fourth largest investment on Bosch’s global investment scale. In this sense, Turkey is a very important country for Bosch.”

Newspapers in English

Newspapers from Turkey

© PressReader. All rights reserved.