BusinessTurkiye

OYAK Investment in Ordu

Sagra, a subsidiary of OYAK, has decided to establish a second factory in Ordu. It was announced that Sagra will build its new facility in the Fatsa Organized Industrial Zone.

According to the bulletin regarding the investment decision, the new factory will triple Sagra’s production capacity and increase its exports fivefold.

The new facility, which will be built on a closed area of 85,000 square meters, is planned to be constructed in line with Industry 4.0 standards.

The factory is expected to gradually become operational within 18 months.

Providing details about the new investment, OYAK General Manager Süleyman Savaş Erdem stated that the current factory in Ordu has reached the limits of its production capacity, and due to growing demand, a new investment focused on product development and market expansion has become a necessity.

Erdem said, “With this new investment, Sagra is transforming into a production center where value-added hazelnut-based products will be developed. We will increase our capacity and focus on new product innovations. One of the main goals of this investment is to strengthen Sagra in the global market. With the new factory, we aim to multiply our export figures fivefold and turn Turkey into a global player in chocolate.”

Erdem also noted that a significant portion of the factory’s energy needs will be met by a solar power plant to be built in Uşak. He added, “The solar energy plant, which we will construct on 200 decares of land in Uşak, will strongly contribute to our sustainable production goals. We are designing our factory building in accordance with the LEED certification criteria, which are internationally recognized standards for environmentally friendly structures.”

Source: Bloomberght/ Prepared by: İlayda Gök

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