Şişecam Receives “Sustainable Investment Award” from the Bulgarian Investment Agency

Turkish glass manufacturer Şişecam, which has operated in Bulgaria since 1997, received the “Sustainable Investment Award” at the Investor of the Year Awards held by the Bulgarian Investment Agency, which was awarded for the first time under the awards program. It was presented to professor Ahmet Kırman, Şişecam chairman and CEO by Mariana Nikolova, deputy prime minister and minister of tourism.

According to the announcement, candidates for the Investor of the Year Awards, held for the 15th time by the Bulgarian Investment Agency operating under the Bulgarian Ministry of Economy, were selected by the country’s ministries, governorates and institutions from all areas of the economy. More than 60 candidates from information technologies to healthcare, were evaluated by the jury members.

“We continue our investments and growth in line with our goal of becoming one of the world’s three largest glass producers in our main fields of activity,” said Kirman at the ceremony. “We operate in 14 countries on four continents with 43 facilities and 22,000 employees. Today, Şişecam is the leader in flat glass and the second-largest player in glassware in Europe. Bulgaria, meanwhile, is an important country for Şişecam, because of our investments here and its position as our first gateway to European Union markets. We continue our business activities in Bulgaria – where we operate in the fields of flat glass, auto glass, glassware and chemicals – in line with our vision of growth by creating sustainable value. We are significantly contributing to the development of economic relations between Turkey and Bulgaria while expanding our global footprint.”

Kirman added, “We have a quarter-century investment story in Bulgaria. We first started our investments in the country in 1997 in chemicals. We have partnered with Bulgarian soda producer Sodi, which is in the process of privatization. For our new direct investments, we realized the first step in 2004 and laid the foundations of our basic glass, white goods glass, automotive glass and glassware plants. With these investments, we were cited as the largest greenfield investor in Bulgaria. I would like to thank the Bulgarian Ministry of Economy and the Bulgarian Investment Agency once again for this meaningful and special award presented to Şişecam. It is my hope that our cooperation will further strengthen while boosting our growth performance that creates sustainable value.”

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