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Japan’s Mitsubishi Electric founds new company in Turkey

by ChemOrbis Editorial Team - content@chemorbis.com
  • 13/04/2016 (14:01)
According to media reports, Japan’s Mitsubishi Electric Corporation established a new company named Mitsubishi Electric Turkey Klima Sistemleri Uretim Anonim Sirketi in Istanbul, Turkey with the purpose of developing and manufacturing room air conditioners.

Mitsubishi stated that the annual demand for room air conditioners in Turkey is around 1 million units and that this demand is expected to rise further as a result of increasing population.

The new company in Turkey is expected to begin production in January 2018 and will play a key role in Mitsubishi Electric’s business strategy in the European market.
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