Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
Wabco Opens Distribution Center in Istanbul 
11.10.2018

US-based WABCO, a leading global supplier of vehicle control systems that improve the safety, efficiency, and connectivity of commercial services, launched its first distribution center with an investment of around USD 17 million in Hadımköy, Istanbul.

 

Speaking at the opening ceremony, Invest in Turkey President Arda Ermut highlighted the importance of the investment in terms of demonstrating the confidence that US companies have in Turkey, its significance for being a value adding investment, as well as its role in increasing the competitiveness of the Turkish automotive sector. “I hope WABCO’s new logistics center will embolden the company to make larger investments in Turkey soon, and that WABCO, when it shifts production to Turkey, will benefit from our country’s advantageous location in accessing multiple markets,” Ermut said.

 

WABCO Chairman and CEO Jacques Esculier mentioned that WABCO is a pioneer in new automotive technologies and services. “Turkey is of vital importance in our global supply chain. The future is bright for vehicle control systems, and Turkey is set to be a major player in this field with its robust automotive sector,” he added.

14.02.2019 FDI Inflows to Turkey Surged in 2018
12.02.2019 Japanese Secom Enters into Turkish Market
08.02.2019 President Erdoğan Receives a Delegation of US Businesspeople
01.02.2019 Hybrid Version of Iconic Corolla Makes Global Debut as First Batch Rolls Off Line
07.01.2019 PepsiCo Commissions Sixth Factory in Turkey
14.12.2018 President Erdoğan Unveils Second 100-Day Action Plan
21.11.2018 Turkey and Russia Mark Completion of Offshore Section of Turkstream
18.11.2018 GE to Develop Manufacturing Tech for Aviation in Turkish Lab
16.11.2018 Toyota Begins Mass Production of New Corolla Hybrid in Turkey
13.11.2018 Pirelli’s Licensed Manufacturer Prometeon Invests in Turkey
<<
1 2 3 4 5 6 7 8 9 10
>>