Italian Indesit company decides to grow in Turkey
Italia's Indesit company decided to make its facilities in the Turkish Aegean city of Manisa the biggest refrigerator production facility, the semi-official Anatolia news agency reported on Friday.
"The company plans to make Manisa its biggest refrigerator production facility in the world," Turgay Dag, the director of the factory, was quoted as saying, Xinhua reported.
Formed in 1975, the Indesit Company is now Europe's second largest white goods maker. The group generates sales of 3.2 billion euros (1 euro = 1.3894 dollars) in 2008.
For over 30 years, the company has been making washing machines, dryers, washer-dryers, dishwashers, fridges, freezers, ovens and hobs. It turns out around 15 million appliances a year.
The group has 18 factories, located in Italy, Poland, UK, Turkey, China and other countries, while the commercial branches are 24 worldwide. The group employs over 17,000 people.
The Manisa factory was producing 400,000 refrigerators three years ago, and raised the number of the fridges it was manufacturing to 1 million in 2008.
The factory is selling 80 percent of its production to Britain, France and Italy.