Turkish company to invest in Bulgaria

Trakya Cam, a Turkish glass producer company, announced Thursday that it is planning to make an investment of 415 million USD in Bulgaria.

Turkish company to invest in Bulgaria
In a statement sent to Istanbul Stock Exchange, Trakya Cam said the company previously declared that it established a glassware factory in Bulgaria through an affiliate, Trakya Glass Bulgaria EAD.

In a meeting held on Wednesday, the company decided to open more factories in this country to manufacture glass for the automotive sector, as well as coated and laminated glass products, the statement said.

The new investment will amount to 415 million USD and the new factories will start to operate until 2010, the statement added.

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Last Mod: 27 Mart 2008, 14:40
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