Sinoz Kozmetik Announces TRY 100 Million Investment

Sinoz Kozmetik announced a TRY 100 million factory investment in Sinop. Yasin Çörekçi, Chairman of the Board of Sinoz Kozmetik, stated: "With the aim of increasing production capacity for our multi-purpose care oil No:16, which we launched two years ago, we plan to produce No:16 entirely at our new factory in Sinop using the facility we purchased in Sinop OSB with an additional investment of TRY 100 million." [caption id="attachment_101956" align="aligncenter"] Yasin Çörekci[/caption] Çörekçi, stating that they export to 50 countries in addition to domestic sales, continued as follows: "Sinoz, which always places the consumer at the center, continues to grow through investment steps taken in this direction for 15 years. Preparations for the factory began as of May, and it is planned to become operational with the new year. The factory located in Sinop OSB, which has a covered area of 5,000 square meters, will provide employment for 180 people when it reaches full capacity. We will invest TRY 50 million in the new factory by the beginning of 2024, and a total of TRY 100 million within two years." Source