Thursday, November 27, 2008

Siemens invests in Turkey despite crisis | Turkey Financial News

"Siemens invests in Turkey despite crisis

Posted by meb at November 27th, 2008

Europe’s largest engineering conglomerate, the German firm Siemens, is making a new investment in Turkey, signaling their faith in the Turkish market. Siemens Turkey CEO Hüseyin Gelis said yesterday that the company was investing some 100 million euros in the Gebze district of Kocaeli. “We are establishing a new factory in Gebze because we attach importance to the Turkish market,” Gelis noted."

More:Siemens invests in Turkey despite crisis | Turkey Financial News