Ferronikli falls into the hands of Turkish conglomerate: We're gonna make Europe's best company.

Through a media communique, the company says the Turkish conglomerate has an interest in making Ferroonics one of the best companies in Europe for Nikel's production.

“ %Y ILDIRIM has a special interest in engaging in “NewCo Ferrnikli”, since there is also a concrete business plan to increase metal and mining activity to build one of the best companies in Europe for Nikel's production. The proposed business plan will turn “NewCo Ferrnikel” into one of the most valuable factories in the Y Group ILDIRIM”, said in communiqué.

Full communication:

Y Group ILDIRIM, an international conglomerate based in Turkey, has signed agreements on the purchase of the company “NewCo Ferrnikli”, one of the biggest Ferronikli producers in Europe. All shares of the “All necessary measures have been taken for a smooth transition.

“NewCo Ferrnikli” is an important strategic asset for the Republic of Kosovo, weighing the state and with a huge impact on macroeconomics. The “NewCo Ferronikli) was founded in 1984 as state-owned companies, with a complex involving the Nikel production plant on two lines, as well as the rich reserves of mining under the surrounding space.

YI LDIRIM has a particular interest in engaging in “NewCo Ferrnikli”, since there is also a concrete business plan to increase metal and mining activity to build one of the best companies in Europe for Nikel's production. The proposed business plan will turn “NewCo Ferrnikel” into one of the most valuable factories in the Y Group ILDIRIM.

In this case, the Y Group branch ILDIRIM, YILDAMIN Holding expands the range of plant production. The company, already ranked fourth in the world in Crom's business, the world's second for the production of Ferrocom with High Carbon ( HC And he's a leader in the area of Crom's production with High Quality and mining sectors.

The company already owns low-frost Metallugic Cox production factories in Colombia, as well as a metallural plant of Ferrovadium and Ferromolibden in the United States. %Y ILMADEN Holding employs over 7,500 employees in eight countries -- Turkey, Kosovo, Sweden, Kazakhstan, Russia, Albania, Colombia and the US. The company exports its products to more than 100 countries around the world through more than 20 distribution centers located around the world.

With headquarters in Istanbul, Turkey's Y Group ILDIRIM is one of the groups engaged in industry and infrastructure sectors, which has the fastest growth worldwide. The world industrial group has a well-diversified producer, being active in nine sectors globally: mainly in the metal and mining sector, the operation and management of ports, cattle and chemicals, energy, transport and logistics, financial investments and private properties. %Y ILDIRIM operates in 54 countries on 5 continents, employing more than 18,000 people worldwide.