Nestle goes on investing in Turkey

Posted on 29 November 2011

29 November 2011, Ankara – According to Nestle Turkey’s CEO, Mr Hans Ulrich Mayer, Turkey has been a great place to invest – “Turkey has been the recipient of several Nestlé investments many times greater than we invest in other markets” reported Mayer. Nestle has invested about 500 million USD in Turkey over the last 4 years and following its successful breakfast cereal investment in March 2011 intends to go on investing because of the strong Turkish economy compared to other European economies. Nestle products sold in Turkey, ranging from pet food to chocolates, are manufactured in Turkey and also exported to North Africa and the Middle East. Source: Invest in Turkey

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