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Mercedes-Benz to invest $200 million in Turkey

Business Materials 30 March 2011 13:33 (UTC +04:00)
Turkish Industry and Trade Minister Nihat Ergun said Wednesday that Mercedes-Benz Turk had plans of investing 200 million USD at their Aksaray and Istanbul Hosdere plants in the next 2-3 years
Mercedes-Benz to invest $200 million in Turkey

Azerbaijan, Baku, March 30 /Trend/

Turkish Industry and Trade Minister Nihat Ergun said Wednesday that Mercedes-Benz Turk had plans of investing 200 million USD at their Aksaray and Istanbul Hosdere plants in the next 2-3 years, Anadolu News Agency reported.

Minister Ergun received the Chairperson of the Council of Directors of Mercedes-Benz Turk, Wolf Dieter Kurz, and Marketing and Sales Director of Mercedes-Benz Turk, Suer Sulun, on Wednesday.

During the meeting, Ergun congratulated the two officials for Mercedes' investments, production, exports and the jobs created in the past 44 years in Turkey.

We do not view Mercedes as a foreign investor. We embrace them as a Turkish company. We look at Mercedes as one of our own companies, Ergun said.

Aside from commercial vehicles, we expect Mercedes-Benz to begin manufacturing automobiles in Turkey, Ergun also said.

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