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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.

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