Votorantim group which is the eighth cement producer of the world, decided to invest in Sivas city of Turkey.It will be the second factory of Votorantim group in Sivas that aims to reach 42 percent in cement market at Turkey.

Brazilian cement giant invests in Turkey

Votorantim group which is the eighth cement producer of the world, decided to invest in Sivas city of Turkey.It will be the second factory of Votorantim group in Sivas that aims to reach 42 percent in cement market at Turkey.


The company adjusted budget worth EUR150 Million (TL500 Million) for this investment.Mustafa Sefik Tüzün who is the CEO of Votorantim Turkey said:” We decided to invest in Turkey because we believe the future of Turkey.The most important reason is Turkey’s economic dynamics and potentials.”

The Votorantim Group is a 100% Brazilian company that is present in more than 20 countries and will complete 97 years of activity in 2015.

Through Votorantim Industrial (VID), it operates in various sectors that are capital intensive with a high production scale. Its business model is multi-platform and it operates through different businesses and with a broad range of products, services and opportunities. Votorantim operates cement, metals,steel,energy,pulp and agribusiness. 

Source:emlakkulisi.com

Nurullah Kırmacı / [email protected]