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100 million-euro plant investment from Turkish furniture surface manufacturer | FURNTR
100 million-euro plant investment from Turkish furniture surface manufacturer

Germany-based Turkish kitchen and furniture surface manufacturer Fine Decor is building a plant with an investment of up to 100 million euros to expand in Europe.
Founded in 2004 by Sekman family living in Germany, Fine Decor accelerated its activities to become one of the biggest in Europe. Serving with the vision of becoming one of the leading companies of the kitchen and furniture industry, the company laid the foundations of its new production facility. The project aims to employ approximately 300 people. The amount of investment in the project is expected to reach 80-100 million euros.

He recently held the groundbreaking ceremony for the company's production factory. Ruken Sekman, Chairman of the Board of Fine Decor GmbH, General Manager Hasan Sekman, Mayor of Oelde Knop, Mayor of Rheda-Wiedenbrück and Chairman of the Supervisory Board of the Aurea Industrial Zone, Dr. Mettenborg, President of the Chamber of Commerce and Industry of the North Rhine-Westphalia. Göske was also present.

Will provide job opportunities for 120 people
According to the information provided, the first stage of the production factory has a closed area of ​​12 thousand 500 square meters and will be established on a total of about 25 thousand square meters. The first stage, which is said to be about 35 million euros, is scheduled to end in February 2020. Approximately 120 people will be employed in the factory production will be transferred to the recycling of plastic waste materials reported. The second stage is planned to start in 2022 as a result of the feasibility studies conducted in 2016. Furthermore, with the second stage, the investment amount of the company is expected to reach approximately 80-100 million euros.

It is stated that the machine lines equipped with the latest technology to be used in the production facility are the first in Europe and that they will continue to be one of the pioneers in the furniture and kitchen industry worldwide by being integrated with Industry 4.0. As a result of the project, it was emphasized that approximately 250-300 people will be employed.

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