Turkey's Arcelik to invest $100m in Egypt amid thaw in relations
Turkish home appliance magnate plans to use Egypt as an export hub and provide jobs for thousands of Egyptians
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Turkish home appliance magnate plans to use Egypt as an export hub and provide jobs for thousands of Egyptians
DHAKA, Nov 28, 2021 (BSS) - Prime Minister Sheikh Hasina today invited investors of the world to come up with
Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) JCN Newswire 2020-12-17 TOKYO, Dec 17, 2020 - (JCN Newswire) - Today Arcelik A.S. (ARCLK:IST, "Arcelik") and Hitachi Global Life Solutions, Inc. (Hitachi GLS) have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arcelik will acquire 60% ownership in the new compa...