Ekonomist - Liechtenstein-based construction tools maker Hilti plans to manufacture in Turkey, according to Hilti Turkey Director General, Mehmetcik Kalay.
“Operational in Turkey since 1997, Hilti plans to set up manufacturing operations in Turkey in line with its year 2020 growth strategy..”, Kalay said, noting that products to be manufactured in Turkey will consist of various tools requiring extensive know-how.
Hilti Turkey also serves as a regional management center for the company, running the company’s business in Azerbaijan, Turkmenistan, Uzbekistan, Mongolia, Kyrgyzstan, Moldova and Northern Iraq from its Istanbul headquarters.
“Hilti Turkey is the fastest growing subsidiary in the Middle East and Africa regions. We plan to grow 20 percent a year until 2020 and intend to increase our employee number to 500 up from 200.” Hilti Turkey Director General noted, adding that the initial production could start as early as this year.