3/6/2009

Iglo comes to Turkey for investment

Turkiye - Caner Tunaman, Turkey President of Iglo, who is currently visiting Turkey from the UK for the purposes of investing in the frozen-food market, said, “We initially plan to make a EUR 7 million investment”. Tunaman added, “We will create employment for 2,000 people in Turkey shortly”. He also stated that the company will make a EUR 30 million investment by switching to domestic production, as soon as the agricultural and technological conditions mature, noting that they will build factories in a number of locations, in order to switch to domestic production and that they may create employment opportunities for some 20,000 people by increasing the amount of these investments to EUR 100 million.