Hakkı Yıldız, Member of the Holding's Board of Directors, stated that they will produce the value-added steel needed by the Turkish industry with the hot rolling mill investment.
Pointing out that the focus of the investment is flat steel coil production covering a wide range of sectors from automotive to white appliances, Yıldız emphasized that the automotive sector in particular has a strategic importance for Türkiye. He stated that the production realized in the new facility will ensure import substitution and that the most efficient steel production with the latest technology is targeted.
"We will build a facility in accordance with the green deal"
Hakkı Yıldız continued: "When our new facility is commissioned, we will provide a great deal of import substitution. We plan to build a facility that will produce the most efficient steel with the latest technology. Environmental values are taken into consideration. There is a Green Deal on the agenda of the steel industry in the world. Therefore, we will build a facility that complies with the new regulations within the scope of the European Green Deal."
Emphasizing that the investment targets not only economic success but also environmental sustainability, Yıldız added that all companies within the holding carry out their production investments within the framework of environmentally friendly and sustainable principles.
"We are preparing to commission a ''Solar Power Plant'' with an installed capacity of 30 megawatts in Kütahya"
Furthermore, Yıldız Energy is preparing to commission a solar power plant with an installed capacity of 30 megawatts in Kütahya. Yıldız expressed that this investment is an important step towards reducing carbon emissions and that they aim to contribute to a sustainable economy.
Stating that Yıldızlar Yatırım Holding attaches special significance to green energy investments in its 2024 agenda, Hakkı Yıldız remarked, "Green energy investments are one of the sectors in which we will invest as a new business line. We attach great importance to this. Because energy is the problem of the whole world. We are all observing what is happening in the geographies right next to us. With our energy investments, we will work to minimize our input costs on the one hand and to achieve energy transformation and a carbon-free world on the other. Our 2024 agenda includes reaching a level where our facilities will generate their own energy."
Stating that Yıldızlar Yatırım Holding has generated both organic and inorganic growth in the last 10 years, Yıldız added that they see 2024 as a year of opportunity and that they plan to reach their growth objectives by evaluating rational and innovative opportunities.
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