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Volkswagen builds VW plant in Turkey


The German automobile giant Volkswagen, headquartered in Manisa, Turkey (Aegean region), has a new branch. The new company branch is named Volkswagen Turkey Otomotiv Sanayi ve Ticaret A.Ş .. The company’s capital was announced at 151 million euros. According to the Bloomberg news agency, the total value of investment in Turkey is $ 1.4 billion. Five thousand people are to find employment here. The car manufacturer plans in Turkey the production of entire car series. This is apparent from the commercial register entry. According to this, all activities of a vehicle production should be carried out. The new company will be responsible for the design, manufacture and installation of motor vehicles, trucks, automobiles and transport vehicles of all kinds, as well as the sale, import and export of these parts.