Turkish 'Sisecam' Launches 5th Facility in Bulgaria

Date: 15 February 2011

Bulgarian Prime Minister, Boyko Borisov, officially opened Monday the "Sisecam" factory for automobile glass in the northeastern city of Targovishte, saying the cabinet works hard to ease foreign investments in the country.

Sisecam CEO Ahmet Kirman (front left) together with Bulgarian Prime Minister Boyko Borisov (front right) at the opening of the fifth Sisecam manufacturing facility in Bulgaria's Targovishte. Photo by M3 Communications Group, Inc.

"Today is great day for the city and the people who will work here. Such investments are of prime importance, especially for underdeveloped regions," Borisov stated.

Ahmet Kirman, CEO and chair of the board of Sisecam, has pointed out that the investments of the Turkish company have turned the Bulgarian city of Targovishte into a center of glass production in the Balkans, and have provided direct employment to 1440 people, while also facilitating the creation of additional small and medium-sized enterprises working with the company on the local level.

The brand-new investment is estimated at USD 25 M and will provide work for another 130 people.

The factory will make automatic and non-automatic side windows and heated back windows with an annual capacity of 1.3 million square meters and a turnover of USD 20 M at full capacity.

This is the fifth manufacturing facility of the Turkish glass giant, after the factory for household glass, launched in 2005; for flat glass, launched in 2006; the mirror line and the line for appliance glass from 2007. A total of 1 500 workers will be employed at the five facilities.

In 2008, "Sisecam" froze the project for automobile glass manufacturing over the shrinking of the European market.

The company plans to invest another USD 415 M in Targovishte, Turkish PM, Recep Tayyip Erdogan said during his visit to the facilities, also in 2008.

600450 Turkish 'Sisecam' Launches 5th Facility in Bulgaria glassonweb.com

See more news about:

Others also read

Şişecam has ignited its new glass packaging furnace in Eskişehir and put its glassware furnace into operation after cold repair.
Şişecam will take part in the International Solar Energy and Technologies Fair Solarex Istanbul, held at the Istanbul Expo Center from April 4th to 6th.
Şişecam, the only global player operating in all core glass areas, participated in the ProWein Fair held in Düsseldorf between March 10-12, 2024.
Şişecam, leading glass fiber manufacturer of Türkiye, participated in the JEC World Fair held in Paris, between March 5 and 7.
Şişecam focuses on sustainability, innovation, and technology
Şişecam is boldly forging the future through a pioneering spirit of innovation.

Add new comment

From industry

İçmeler Mah. D-100 Karayolu Cad. No:44A,
34947 Tuzla,/İstanbul
Turkey