ANTALYA - A French energy management company decided to grow in Turkey, an executive of the company said on Wednesday.
Christian Wiest, the chairman of the international department of French-based Schneider Electric and a member of the executive board of the company, said that the company would make new investments in Turkey.
"We have purchased a plot in an organized industry zone in the Aegean city of Manisa for our new investments," Wiest told a press conference in the Mediterranean city of Antalya, where Schneider Electric Initiative 2008 Fair was inaugurated.
The Schneider Electric has three factories in the Aegean city of Izmir, and another in Istanbul.
Wiest said that the company would move its factory in Izmir to Manisa, and make 10 millions of Euro investment in that city.
"We are employing 1,250 workers in our facilities, and we are investing in Turkey because Turkey is close to the Middle East, North Africa and Caucasus and Turkey has educated and qualified labor force," Wiest also said.
Wiest said that the global crisis was a banking and finance crisis, and it would not have a direct impact on the company's sector.
Schneider Electric, the global specialist in energy management, offers integrated solutions to make energy safe, reliable, efficient and productive for the Energy & Infrastructure, Industry, Data Centres & Networks, Buildings and Residential markets. Schneider Electric's 120,000 employees in 102 countries generated revenue of 17.3 billion Euro in 2007, helping individuals and organisations make the most of their energy.
(BRC-AÖ)
(ECO)