Guardian Decides To Invest In Turkey

Thenewanatolian.com reported that according to the news in the Dünya Newspaper, the Guardian Industry, the US sheet glass producer which is renowned due to its aggressive growth strategy, is getting ready to invest in Turkey.

State Minister Kürşad Tüzmen stated that the company wanted to make investments worth USD 150-200 million. The Guardian officials are looking for a land in the Marmara Region which has a logistic advantage from the standpoint of the foreign market for investments.

The Guardian which is expected to be a rival to Şişecam, that has dominance worth nearly 70 percent of the domestic market, made its recent investments in Russia last month. The company is planning to make exports from Russia to Ukraine and Belarus by producing 750 tons of glass each day. Şişecam which ranks fifth in Europe as regards the sheet glass and second in Europe as regards the glass household goods added Ruscam Ufa factory to its facilities in Russia last month.

Read the entire news on the source link below.

600450 Guardian Decides To Invest In Turkey glassonweb.com

See more news about:

Others also read

Donau City Tower 1
Designed by Dominique Perrault, Tower 1 of the Donau City (DC) Towers project is a prominent building across the Vienna skyline and is the highest skyscraper in Austria.
Glass Performance versus Aesthetics
Guardian Glass is exhibiting at glasstec - HALL 10 | STAND A24 (23-26 October 2018 - Düsseldorf, Germany).
Tour Incity
An iconic landmark on the Lyon skyline, the Incity tower is the tallest high-rise in the city and the third tallest in France.
Technical Challenges of Glass for Megatall Buildings
Guardian Glass is exhibiting at glasstec -- HALL 10 | STAND A24 (23-26 October 2018 - Düsseldorf, Germany)
Die Welle
Die Welle (German for ‘The Wave’) is an S-shaped building in the heart of Vienna.
Matmut Filature
La Filature is a modern, energy efficient office building facing the headquarters of the Matmut insurance headquarters in Rouen, France.

Add new comment