Tuesday, March 25, 2008

Siemens Turkey to invest 1 bln euros - Turkish Daily News Mar 24, 2008

"Siemens Turkey to invest 1 bln euros
Monday, March 24, 2008

The Turkish branch of German engineering group Siemens will invest 1 billion euros ($1.55 billion) in Turkey over the next four years.

The investments will include the construction over three years of a 200-million-euro electricity distribution equipment factory in northwestern Turkey, reported Reuters, citing Siemens Turkey General Manager Hüseyin Gelis. "

More:Siemens Turkey to invest 1 bln euros - Turkish Daily News Mar 24, 2008