Welding equipment manufacturer Gedik Holding to open plant in Eastern Europe
Turkey’s Gedik Holding, specialized in welding equipment manufacturing, plans to open a production site in Eastern Europe and is currently considering Bulgaria and Romania in particular. Board chairman Hulya Gedik commented that after the group evaluated opportunities in both countries, at the moment Bulgaria has an advantage as a future investment destination for the company.
In 2016, the municipality of Kardzhali announced that Gedik Holding plans to open a plant for welding electrodes there. At a meeting with the Kardzhali’s mayor Hasan Azis, Hulia Gedik enquired about the opportunity to build a production base covering an area of 2000 square meters, the municipal authorities reported at the time.
Founded in 1963, Gedik Holding is based in Istanbul and employs more than 1500 people. It manufactures covered welding electrodes, gas metal arc, submerged arc, flux-cored type welding wires, rectifiers, gas metal arc, submerged arc welding machines, inverter type welding machines and welding generators.
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