German confectionery manufacturer Haribo has announced it is to invest €15m (US$15.2m) in a factory in Turkey.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Haribo is planning to buy a 10,000 sq m plot of land in Hadimkoy, Silivri or Mahmutbey, near Istanbul, on which to build the factory. The company said it expects the construction of the factory to be completed within a year.

Haribo currently has 17 factories in nine European countries, reported the Turkish News Digest.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now