$57m investment in Arcelik-LG factory
2017-05-07
Turkish white-goods maker Arcelik and Korean air conditioning manufacturer LG are to invest a further $57m in their joint venture factory in Kocaeli, near Istanbul. The investment in Arcelik-LG Klima Sanayi ve Tic. A.S extends the agreement, first established in 1999, to 2023.