Osram Considers Investment in Turkey

Germany’s Osram, one of the two leading electric bulb producers in the world, is considering making Light-Emitting Diode (LED) technology investments in Turkey, Martin Goetzeler, Chief Executive of the company, told the daily Hurriyet over the weekend.


“Turkey has always been on our investment map,” said Goetzeler. “We consider Turkey when discussing the location of investments for the new technologies.” 

Osram’s global revenue reached EUR 4.7 billion in 2010 and its sales in Turkey increased twofold in the last four years, according to the chief executive. 

Read the details at Balkans.com