OSRAM plans to invest in LED lighting accessories project in Turkey

[High-tech LED] International LED giant Osram has decided to invest in Turkey to build a factory, mainly for the production of LED lighting accessories, Osram said that the project technology is still in the research and development stage, and consider its partial production .

It is understood that Turkey is one of the fastest growing economies in the Middle East across Europe and Asia. In 2010, the global income was 4.7 billion euros, of which Turkey’s sales revenue was 15 million euros, which has doubled in four years. This figure does not include automotive lighting and open tendering projects.

Osram invested in the area, not only because of its active market, but also provided transportation convenience for its entry into the Central Asian and Middle Eastern markets.

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