Posted by meb at May 12th, 2007

Bosch Heating Co. will make investments worth 2.1 million euros in Turkey this year, coming on top of last year’s 1.9 million euro investment.Bosch Turkey General Manager Roger Meinert said they had made 59.1 million euros in investments since 1992. “This shows our confidence about Turkey — the election process will not affect us,” he said. Speaking at a press conference in İzmir on Friday Meinert explained that their aim was to make their factory in Manisa an exportation base for Asia and the Middle East. He said their revenue in 2006 was 116 million euros and that they were expecting a 20 percent rise this year. The company produced 241,000 combi-boilers last year and are planning to produce solar panels from next year.

source: Today’s Zaman

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