Tosyalı Holding announced plans to take important steps in Africa and Saudi Arabia as part of its global expansion strategy. The company aims to increase its global presence by focusing on potential acquisitions in Europe and America. Allocating an annual budget of USD 2 billion, Tosyalı Holding aims to grow in the international arena with this budget.
Fuat Tosyalı, the founder of Tosyalı Holding, said in an interview: "As one of Türkiye's leading steel producers, Tosyalı Holding plans to increase its liquid steel production capacity. This increase from 14 million metric tonnes to 20 million metric tonnes in five years will make the company even more competitive in the global arena." This increase is expected to significantly enhance the company's competitiveness worldwide.
In order to strengthen its presence in Africa, Tosyalı Holding plans to invest $200 million in Senegal to build a steel and rolling mill plant. This investment will also contribute to the economic development in the region.
In addition, the tank factory investment of BMC, a subsidiary of Tosyalı Holding in the defence industry, also draws attention. This investment increases the effectiveness and strategic importance of the company in the defence industry. BMC's investment will strengthen the military production capacity and technological infrastructure in the region.
These strategic moves by Tosyalı Holding will not only increase its steel production capacity, but will also enhance the company's competitiveness and influence in global markets. The expansion plans in Europe, America, Africa and the Middle East show that Tosyalı Holding is determined to become an international power.
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