LG Klima

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

ARÇELİK-LG KLİMA SANAYİ VE TİCARET ANONİM ŞİRKETİ

Arçelik, LG plan 200 mln lira investment in commercial air conditioning sector

A partnership of Turkish white goods maker Arçelik and LG Klima will produce commercial air conditioners with the LG brand, extending their agreement until 2023, it said on May 3, as reported by Reuters.

The partnership plans an investment of some 200 million liras ($57 million) in commercial air conditioners and new technology, Arçelik Turkey CEO Can Dinçer said in a statement.