Eczacibasi Raises Irish Investment to $20 M

As the facility went into production, the total investment value of VitrA Ireland reached $20 million, and the production capacity to 1.750 million square meters. The company’s turnover is predicted to reach $25 million. Foundations for the new facility were laid last year on April 16th and the facility was put into service following an opening ceremony led by Eczacibasi Group’s top manager Erdal Karamercan. Speaking at the ceremony, the Eczacibasi executive pointed out that the total capacity of Eczacibasi Karo (Floor tile) Ceramic has reached 22 million square meters and said: "Our investment in Ireland plays one of the most important roles in our goal to to make VitrA a world leader in it’s field.

Karamercan highlighted that the experience Eczacibasi has gained since 1998 following investment in Ireland, has enabled them to initiate new investments around the world.