Bosch says no plans to build factory in Sincan

May 03 2012 17:31:47

Bosch says no plans to build factory in Sincan

ISTANBUL - Anatolia News Agency

Following yesterday’s news that Bosch was planning a large investment in the Sincan Organized Industrial Zone in Ankara for a spare auto parts plant, the company has announced that it has no such plans.

“The news that Bosch is going to open a spare auto parts production plant in Turkey does not reflect the reality and no decisions have been made to invest in a facility in Sincan Ankara,” read a statement released by Bosch.

Bosch added that it employed more than 10,000 people in Turkey and contributed more than 1 percent to Turkey’s annual exports with its 1.2 billion euro export figure.

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