“Turkish Manufacturer Facing Capital Shortage Unfortunately Has to Reduce Production”

Ömer Karadeniz, the President of the Federation of Plastic Industrialists (PLASFED), stated that Turkish manufacturers are struggling to find adequate support in accessing financing, saying, “Unfortunately, Turkish manufacturers facing capital shortages have reached the point of having to reduce production. Our industry, which is heavily dependent on raw materials, especially in the plastic sector, and wants to maintain production and employment, is seeking support regarding access to financing.”

In statements made to the Ticaret newspaper regarding the issue, Karadeniz mentioned that many manufacturers are experiencing difficulties in accessing financing and expressed that they have become unable to produce.

Translated by Artificial Intelligence