
According to a meeting held by the KT&G Turkey Board of Directors, the company will increase its working capital by $35 million in 2022.
After increasing its capital, KT&G Turkey plans to expand its activities and influence in Turkey through investments. With this growth, it aims to strengthen cooperation and the economy between the two countries.
As per the decision of the KT&G board, the investment plans of KT&G in Turkey will continue to grow with capital increases in 2023 and 2024, as an extension of the investment growth that began in 2022.
2FIRSTS will continue to track and report on this topic, with future updates available on the 2FIRSTS app. Scan the QR code below to download the app.
This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.