Brief: Arcelik Says Opening Of Factory In Egypt, Established With An Investment Of $110 Mln And Laid Out In 2022, To Take Place Today

Arcelik

18/09/2024 13:12

Sept 18 (Reuters) - Arcelik AS  ARCLK.IS :
    * ARCELIK SAYS OPENING OF THE FACTORY IN EGYPT, ESTABLISHED
WITH
AN INVESTMENT OF 110 MILLION USD AND LAID OUT IN 2022, TO TAKE
PLACE TODAY
    * ARCELIK SAYS  FACTORY WILL INITIALLY FOCUS ON PRODUCTION
OF
REFRIGERATORS AND OVENS
    * ARCELIK SAYS  IT PLANS TO PRODUCE OTHER HOME APPLIANCE
CATEGORIES IN THE FUTURE IN THIS PLANT
    * ARCELIK SAYS   IT IS PROJECTED THAT APPROXIMATELY 2,000
JOBS
WILL BE CREATE
    * ARCELIK SAYS ANNUAL PRODUCTION VOLUME IS EXPECTED TO REACH
1.5
MILLION UNITS WHEN OPERATING AT FULL CAPACITY

Source text for Eikon:  ID:nIKA8ZfvQl 
Further company coverage:  ARCLK.IS 

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