SAF-HOLLAND Expands in Turkey
Jul 12, 2011 3:26 PM
SAF-HOLLAND S.A. has strengthened its business in Turkey through the foundation of a regional company, SAF-HOLLAND Otomotiv, based in Istanbul. Mustafa Kasimli, who previously worked for automotive supplier ZF in Turkey, is the company’s General Manager.
Turkey is currently developing into one of the most important locations for the truck and trailer industry. Almost all well-known European manufacturers have already built up their production capacities there or plan to do so. “In line with our growth strategy, we intend to always be close to our most important customers. Founding a Turkish subsidiary is therefore a logical step”, said Detlef Borghardt, CEO of SAF-HOLLAND.
With growth of just under nine percent in 2010, Turkey is one of the world's fastest growing economies. SAF-HOLLAND anticipates strong future growth in transport volumes and a corresponding increase in demand for commercial vehicles in Turkey and the entire region.
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