Turkey’s Pasifik Holding eyes global tech and investments in ports
ISTANBUL (Reuters) – Turkey’s Pasifik Holding plans more cooperation in the global technology sector and also seeks to invest in port operations, company chairman Fatih Erdogan said on Tuesday.
Erdogan said the company, which owns 55 companies and employs more than 2,500 people, is eyeing global partnerships, cooperation and acquisitions in defence technologies. It is also looking to invest in port and terminal operations this year, he said.
Erdogan told reporters in Istanbul that Pasifik plans to list some 20% of the holding company – with interests in real estate, logistics, mining and energy – at Borsa Istanbul some time in the first quarter of the year.
Four subsidiaries are already listed: Orcay, Pasifik Eurasia Lojistik, Pasifik GYO and Pasifik Teknoloji.
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(Reporting by Ceyda Caglayan; Editing by Jonathan Spicer)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.
