German steel producer invests in Türkiye

Sabah - Germany’s Tröster Systeme und Komponenten (TSK) and its Turkish partner mining company Velutsan will start operations in their jointly built steel construction plant on February 18. Located in the northwestern Turkish province of Balikesir, the TSK Velutsan steel plant will initially employ 400 people and will add 200 more before the end of the year. Known for its “Mero” and “Schmidlin” brands, TSK has invested EUR 7 million in the plant, according to a statement by the company.
turkey; steel industry; steel investment; german company; Tröster System; tsk; velutsan; balikesir