9,224.84 TRY BIST 100 BIST 100
5.32 CNY CNY CNY
43.76 EUR EUR EUR
38.44 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
63.56 USD Fossil Oil Fossil Oil
40.67 USD Silver Silver
4.76 USD Copper Copper
98.50 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,094.11 TRY Gold (gr) Gold (gr)

Major Denmark company shuts down its factory in Türkiye

Major company decides to close its factory in Türkiye, causing 700 Turkish people unemployed.

Major Denmark company shuts down its factory in Türkiye

The world's leading wind turbine blade manufacturer LM Wind Power has decided to close its factory in Türkiye, which employs 700 people.

LM Wind Power had been operating in Bergama District of Izmir for more than 8 years and officially closed its doors on March 27. In 2016, the company invested 40 million euros to build the factory and had become one of the major players in Türkiye's wind energy sector.

Denmark based company had a rare structure with only 15 factories around the world, and its facilities in Bergama were among them. In 2016, LM Wind Power decided to open its 15th factory in order to make a major contribution to wind energy production in Türkiye, and provided significant support to the Turkish economy and employment.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Investment opportunities in Tashkent

Wednesday, April 30, 2025

DNA PC Strand is the Silver Sponsor of Steel Summit 2025!

Wednesday, April 30, 2025

Türkiye's iron and steel export value increased by 18% in March

Wednesday, April 30, 2025

TUBACEX IBF Kazakhstan to build seamless pipe production plant in Kazakhstan

Wednesday, April 30, 2025

Saudi Arabia and Egypt deepen cooperation in steel production and exports

Wednesday, April 30, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now