AKIS BOYA EYES BECOMING R&D CENTER

BY ZEHRA ORUC

Turkish paint manufacturer Akis Boya plans to become an R&D hub this year and to begin manufacturing in the Bursa Technology Organized Industrial Zone (TEKNOSAB) in the long term, according to Melih Iyigullu, Business Development Manager of Iyigullu
Group of Companies. The new facility in TEKNOSAB is projected to be built on an area of 15,000 square meters. Existing machinery lines and production will be relocated to the new facility with an investment of USD 5m. “We increased turnover by 11% in 2020 and
aim to grow by 5% this year,” Iyigullu said.

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