Business

Three international companies decided to invest in Turkey

The biggest problem in global trade in recent months is transportation costs. Many international companies cannot supply their products on time. This situation created an opportunity for Turkey. Three investment news came one after another.

The world freight crisis is deepening.

Maritime transportation prices have increased up to 10 times compared to the previous year.

In many countries, manufacturers have postponed their lead times to a few months later. Global companies that want to overcome this situation have turned their route to Turkey for investment.

Sweden-based furniture chain IKEA has announced that it is preparing for a large investment in addition to its current production in Turkey.

The company is preparing to conclude agreements for production in the categories of armchairs, sofas, bookshelves, wardrobes and kitchen cabinets.

CLOTHING GIANT INCREASES ITS ORDERS

Another company preparing for investment, LPP, the largest clothing supplier in Central and Eastern Europe, has taken action to shift some of its Asian purchases to Turkey.

According to industry officials, the company, which has experienced a delay of 3 weeks in the delivery of new season collection products, plans to increase its purchase rate from Turkey by 2-3 times.

₺150 MILLION INVESTMENT IN PHARMACEUTICALS

Another investment news came from the pharmaceutical industry.

Germany-based global pharmaceutical company Boehringer Ingelheim has decided to invest ₺150 million.

The company will produce some medicines in the fields of diabetes, central nervous system and cardiovascular diseases at Abdi Ibrahim facilities.

Source: NTV / Translated by Irem Yildiz

Leave a Reply

Your email address will not be published.

Back to top button