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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 11 days · First seen · Last updated
Erzincan Organized Industrial Zone development
Overview
The Erzincan Organized Industrial Zone (OSB) is experiencing industrial growth and expansion. Initially, businessman Umut Kaya announced a $100 million investment to establish six factories within the zone. This project, focused on producing copper and aluminum products as well as ventilation and cooling machinery, was expected to create approximately 1,000 direct jobs and target exports to Germany and Italy.
More broadly, the Erzincan OSB currently operates 86 factories across 12 sectors, including textiles, construction, and food. The zone employs roughly 1,400 people and maintains export links to the United States, China, South Korea, Japan, and the European Union. Regional authorities are currently working toward achieving ‘Green OSB’ status to facilitate easier trade with European markets.
Entities
Erzincan Organize Sanayi Bölgesi · Erzincan · Umut Kaya · Erzincan Organized Industrial Zone · Ahmet Tanoğlu
Timeline
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11 days ago
[BUSINESS] 3 sourcesErzincan Organized Industrial Zone expands production and exportsErzincan Organized Industrial Zone operates 86 factories across 12 sectors, employing 1,400 people and exporting to the EU, US, and Asia while pursuing Green OSB certification.
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21 days ago
[BUSINESS] 4 sourcesErzincan to receive $100 million industrial investment creating 1,000 jobsIranian businessman Umut Kaya plans a $100 million, six‑factory investment in Erzincan’s industrial zone, creating about 1,000 jobs and targeting exports to Germany, Italy and beyond.
Sources
gazetedamga.com.tr · haberport.com · medyagazete.com