Europe’s crisis provides opportunities for Turkish white goods industry

Friday, 18 November 2011 17:42:38 (GMT+3)   |  
       

Speaking at the 6th SteelOrbis Turkish Steel Market Conference, held in Istanbul on November 18, Hasan Danişment, vice-president of the Turkish White Goods Suppliers Association (BEYSAD), said the contraction in European white goods production since the financial crisis in 2008 has provided opportunities for the Turkish white goods sector, which has increased its production destined for the European market.

Mr. Danişment said the prospects for the year 2012 are positive, following the good results anticipated for 2011.

Finally, Mr. Danişment stated that the Turkish white goods industry is ahead of Europe in terms of innovation skills, and ‘Made in Turkey' has become a well-established mark of high quality in the world markets.