Etiket Arşivi: investment

P&G embarks on investment in Turkey’s Gebze

The U.S.-based Procter and Gamble (P&G) has made its 250 million-Turkish lira ($70 million) investment in the northwestern province of Kocaeli’s Gebze district online and signaled new investments. The fresh investment in Gebze aims at increasing local production in baby and women outputs and thus enhancing diversification in export markets, according to top representatives from the company. “We will increase ...

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Norwegian sovereign wealth fund invests $1B in Turkey in 2016

Norway’s state sovereign wealth fund, which is the world’s largest asset fund at approximately $900 billion, invested around $1 billion in Turkey by the end of 2016. The total value of the fund’s investment in Turkey reached $936 million at the end of December 2016, according to the information that Anadolu Agency compiled from Norges Bank data, which manages the ...

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