Koc Holding’s automotive subsidiary Ford Otosan has agreed to acquire its main partner Ford Motor Company’s Craiova manufacturing plant in Romania. As part of the deal, Ford Otosan will pay EUR 575m between 2022 and 2028 for all shares of Ford Romania. An additional payment of up to EUR 140m will be on the table...
Tag: Koc Holding
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Attracting high value-added investments alone with labor cost advantage is impossible: Omer Koc
Digitalization is the most important factor for global economic growth and digital competition increasingly continues among the countries, according to Omer M. Koc, Chairman of the Board of Directors of Koc Holding. Speaking at the 2nd Digital Turkey Conference, which was hosted by the Turkish Industry and Business Association (TUSIAD) on January 13, Omer M....