Chocolate giant comes to Turkey

Chocolate giant comes to Turkey

ISTANBUL
Ferrero SpA, the Italian manufacturer of chocolate and other confectionary products began the construction of a new plant in the western province of Manisa yesterday.

The Italian firm, founded by confectioner Pietro Ferrero in 1964, will begin producing Nutella and Kinder chocolates for the Turkish market next year. Turkey’s Deputy Prime Minister Bülent Arınç attended the plant’s groundbreaking ceremony in Manisa’s organized industrial zone. The company plans to invest approximately 95 million euro in the plant, which will also produce chocolate products for the Middle East. Ferrero buys approximately 300 million euros of nuts from Turkey each year to use as ingredients for manufacturing its world-famous products.
LATEST NEWS

  1. Over 47 million foreign tourists visit Türkiye in 10 months

  2. Probe launched into journalists Altaylı, Saymaz

  3. Greece pushes green transition on its fragile islands

  4. AI firms seek accords with publishing giants to maintain growth

  5. Competition authority launches probe into Mastercard, Visa
Recommended

Over 47 million foreign tourists visit Türkiye in 10 months

AI firms seek accords with publishing giants to maintain growth

Competition authority launches probe into Mastercard, Visa

BP announces $7 billion gas project investment in Indonesia

Trudeau to send checks to millions of Canadians

SEC Chair Gensler to exit, clearing way for Trump pick

Volkswagen workers head towards strikes from December
WORLD

Greece pushes green transition on its fragile islands

Greece this week signed a clean energy deal with the EU in a bid to fast-track the green transition on its fragile islands threatened by overtourism and climate change.
ECONOMY

Over 47 million foreign tourists visit Türkiye in 10 months

Foreign tourist arrivals in Türkiye increased by 7.03 percent year-on-year in January-October to 47.3 million, according to data from the Culture and Tourism Ministry on Nov. 22.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.