In March 2015, OeEB provided EUR 17.5 million in long-term financing to Hayat Kimya Sanayi A.S. for the expansion of its production sites in Turkey and Egypt.
|Project name||Hayat Kimya Sanayi – production expansion|
|OeEB project volume||EUR 17.5 million|
|Total investment volume||EUR 183 million|
|Projekt partner(s)||Hayat Kimya Sanayi A.S.|
The family-run business was founded in 1986 and is one of the leading manufacturers of household goods and hygiene products in Turkey and surrounding regions.
The financing made available by OeEB together with other financing partners for the expansion of two of Hayat's production sites enables the company to start producing the nonwoven fabrics and films that are needed for its products.
This helps reduce the company's dependence on foreign suppliers and to secure and create jobs.