Brief: Turkey's Tofas Board Decided To Invest Up To 256 Million Euros For The New Light Vehicle Project

Tofas Turk Otomobil Fabrikasi

18/04/2025 19:37

April 18 (Reuters) - TOFAS TOASO.IS:

TURKEY'S TOFAS: BOARD DECIDED TO INVEST UP TO 256 MILLION EUROS  ($291.66 million) FOR THE NEW LIGHT VEHICLE PROJECT AS PART OF COMPETITION AUTHORITY COMMITMENTS

TURKEY'S TOFAS:  NEGOTIATIONS REGARDING THE AGREEMENT ON PROJECT DETAILS WITH THE STELLANTIS GROUP ARE ONGOING

Source text: ID:nIKAbfKD40

Further company coverage: STLAM.MI TOASO.IS

($1 = 0.8777 euros)

 (Istanbul Newsroom)

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