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FOR IMMEDIATE RELEASE No.2787
Mitsubishi Electric to Strengthen FA Product Services in Turkey
New FA center to support Japanese manufacturers
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TOKYO, September 30, 2013- Mitsubishi Electric Corporation (TOKYO: 6503)announced today that its sales subsidiary Mitsubishi Electric Turkey A.Ş. will establish a new factory automation (FA) center at its location in the Űmraniye district of Istanbul to provide enhanced services to locally operating manufacturers, especially Japanese automotive and component manufacturers, starting October 1. The Turkey FA Center is expected to support the ongoing expansion of Mitsubishi Electric's FA business in Turkey, where the company expects sales to reach 3 billion yen by the fiscal year ending in March 2016.
Services, open to all but tailored particularly to Japanese manufacturers, will include timely technical consultation, repairs, training and support for FA products. System proposals and engineering education will also be provided.
With the third largest population in Europe and a rapidly growing GDP, Turkey's economy is expected to see robust growth, particularly in the automotive and food industries, and the FA market is forecast to expand 10% yearly. Major Japanese manufacturers will be increasing their activities, raising demand for FA products and related service support.
Mitsubishi Electric started its FA business in Turkey in June 2013 with five locations and 42 employees. FA product support has been provided up to now through local distributors and the Europe FA Center in Poland. The establishment of this new domestic center is expected to realize significantly faster and stronger FA product services throughout the country.
With the third largest population in Europe and a rapidly growing GDP, Turkey's economy is expected to see robust growth, particularly in the automotive and food industries, and the FA market is forecast to expand 10% yearly. Major Japanese manufacturers will be increasing their activities, raising demand for FA products and related service support.
Mitsubishi Electric started its FA business in Turkey in June 2013 with five locations and 42 employees. FA product support has been provided up to now through local distributors and the Europe FA Center in Poland. The establishment of this new domestic center is expected to realize significantly faster and stronger FA product services throughout the country.
Mitsubishi Electric Turkey A.Ş.
| President | Masahiro Fujisawa |
| Headquarters | Istanbul (European side) |
| Ownership | Mitsubishi Electric Europe B.V.: 70%
Mitsubishi Electric Corporation: 30% |
| Paid-in capital | 28.26 million Turkish lira (approximately 1,380 million yen) |
| Established | December 7, 2012 |
| Employees | 47 |
| Business | -Industrial automation (sale, engineering services and integration)
-Support for air conditioning and infrastructure -Marketing, including market research -Setting up sales networks and managing distributors |
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