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The aim in the Çetin Civata is enter the top 5 in Europe
Chairman of the Executive Board of Çetin Cıvata Çetin Tecdelioğlu said that their aim is to enter top 5 in Europe. Tecdelioğlu, with stating that they are exporting 40 countries mainly Europe, said “We export 25% of our production mainly to Germany. On the year 2015, we achieved 20% growth in tonnage, and 15% growth in endorsement. In the last 3 years, we invested over 10 million dollars on machinery. Last year we produced 23 thousand tons of production. As a result of our machinery investments, we have 27 thousand tons of production aim this year. We aim to grow more in tonnage by working at 70% capacity.We continue our investments. We will continue to invest our Malatya factory as of the second half of this year. We aim to create a closed area of 15 thousand square meters. We have a 15% growth aim for 2016, again.” Çetin Tecdelioğlu, with stating the fasteners sector had a painful process on 2015, said “Sector is having troubles because of the variable prices of raw materials and the imports within the internal market especially from the Far East. However, this year we believe that the industry will be in growth and development, and we anticipate that this growth and export figures will also increase.”