Bosch to Increase Turkey Sales 19% This Year, Haberturk Says

Robert Bosch GmbH, a German vehicle components maker, expects to increase its sales in Turkey 19 percent to 750 million euros this year, Haberturk reporter, citing chairman Franz Fehrenbach.

The company, which operates in Turkey through its unit Bosch Fren Sistemleri AS, announced plans on Sept. 24 to invest 500 million euros ($673.6 million) in Turkey until the end of 2013, Fehrenbach said in a news conference in Istanbul, according to the newspaper.