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Hosdere

Latest Mercedes-Benz News

Mercedes-Benz to Invest 35M Euro in Turkey for 2011

Mercedes-Benz Türk is set to spend big in Turkey this year, with 35 million euros already in place as part of the company’s investment in the country. The amount is even bigger than the 30 million euros invested the previous year, and it was confirmed by the company’s top executive. “In the 2009 to 2010 period, we invested mainly in our Hosdere factory in Istanbul. Now we will develop the truck manufacturing plant with 25 million euros and allocate 5 million to various improvements in the Hosdere plant,” said Mercedes-Benz Türk head Wolf Dieter Kurz. “The remaining amount will be used to supplement the research and development budget.” Mercedes-Benz Türk… Continue Reading »

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