Published On: Fri, Mar 2nd, 2012

Italian chocolate producer Ferrero to build production facility in Turkey



NUTELLAItalian chocolate producer Ferrero launched a EUR 95 million investment to build a plant in Turkey’s Aegean province of Manisa.

The groundbreaking ceremony of the plant, which is set to cover over 146,000 square meters of land, was attended by Turkey’s Deputy Prime Minister Bulent Arinc, the President of the Investment Support and Promotion Agency of Turkey (ISPAT), Ilker Ayci, Manisa Organized Industrial Zone Chairman, Sait Turek and the spokesman for Ferrero and former Italian Ambassador to Turkey, Carlo Marsili.

Set to be Ferrero’s 19th production plant worldwide once it becomes operational in 2013, the facility will provide direct employment for 200 people. The plant will initially supply the company’s well-known Nutella and Kinder line of products to Turkey’s domestic market. Ferrero plans to upgrade the plant to serve the Middle Eastern markets at a later stage.

Speaking at the ceremony, ISPAT President Ilker Ayci said that the investment will help Turkey become an exporter of a product group that it currently imports.

Ferrero spokesman Carlisi, for his part, said that Manisa was the location of choice for Ferrero because of its close proximity to Izmir Port, as well as its developed transportation and infrastructure networks.

02.03.2012
SOURCE: INVEST.GOV.TR