Knauf Türkiye invests €40 million to boost production

January 23, 2026

Knauf Türkiye invests €40 million to boost production

The German plaster and drywall giant, Knauf, has announced a strategic expansion of its operations in Türkiye. Ali Türker, General Manager of Knauf Türkiye, stated that the group is preparing a new €40 million investment aimed at increasing drywall production capacity by more than 20 million square meters, bringing the annual output to over 65 million square meters.


In Türkiye, Knauf operates four production sites and manages thirteen gypsum quarries, five of which are currently active. Ali Türker emphasized that Türkiye is among the countries with significant gypsum reserves, with the Bala region in Ankara standing out for its resources. The company operates quarries in Ankara (2), Niğde, Kırıkkale, and Adapazarı (1 each), ensuring a solid local supply for its industrial sites.


On the market side, Knauf estimates its share in Türkiye at 20–25%, where 17 plaster producers and 9 drywall manufacturers are active. Due to its production spread across multiple countries, exports remain limited, but Knauf ships products to Iraq, Syria, the Turkish Republic of Northern Cyprus, Lebanon, and Jordan. Demand from Syria, which had been interrupted by war and sanctions, is slowly recovering.



Murat Akyıldız Appointed Global Managing Partner


As part of this expansion, Knauf also announced the appointment of Murat Akyıldız as Global Managing Partner. He joined the group in 2021 as regional CEO for Türkiye, the Middle East, Africa, and South Asia, and will assume his new role on January 1.



***

Source : Ekonomim, December 22, 2025. Article translated by Advantis Conseils Turquie.

Azimut acquires Yapı Kredi Portföy for 346 M$
September 7, 2026
Italian asset management company Azimut Holding has reached an agreement to acquire Yapı Kredi Portföy Yönetimifor USD 346 million. Following the transaction, Azimut will become ...
Azimut acquiert Yapı Kredi Portföy pour 346 millions USD
September 7, 2026
La société italienne de gestion d’actifs Azimut Holding a conclu un accord pour acquérir Yapı Kredi Portföy Yönetimipour un montant de 346 millions de dollars. À l’issue de l’opération ...
Opel Combo to be produced in Bursa
September 2, 2026
Stellantis’ light commercial vehicle models will be produced in Bursa starting from the third quarter of 2026. Following the Peugeot Rifter, the long-awaited announcement regarding the Opel ...
L'Opel Combo sera produit à Bursa
September 2, 2026
Les modèles de véhicules utilitaires légers de Stellantis seront produits à Bursa à partir du troisième trimestre 2026. Après le Peugeot Rifter, l’annonce très attendue concernant l’Opel ...
Türkiye records 2.3% growth in Q2 2026
August 31, 2026
Despite a demanding global context marked by complex geopolitical challenges and an inflationary environment under pressure, Türkiye continues to demonstrate strong resilience ...
La Turquie enregistre une croissance de 2,3% au T2 2026
August 31, 2026
Malgré un contexte mondial exigeant marqué par des défis géopolitiques complexes et une conjoncture sous pression inflationniste, la Turquie continue de faire preuve d’une forte résilience ...
Polymarket enters Turkish market through Paribu
August 3, 2026
Paribu, a Turkish cryptocurrency exchange and digital asset platform, has rolled out Türkiye's first local access to prediction markets by integrating Polymarket into its platform ...
Polymarket entre sur le marché turc via Paribu
August 3, 2026
Paribu, une plateforme turque d’échange de cryptomonnaies et d’actifs numériques, a lancé le premier accès local de la Turquie aux marchés prédictifs en intégrant Polymarket ...
CyberFOX acquires Türkiye-based Timus Networks
August 3, 2026
U.S.-based cybersecurity company CyberFOX announced the acquisition of Timus Networks, a company specializing in cloud-based secure access solutions. Through this acquisition ...
CyberFOX acquiert la société turque Timus Network
August 3, 2026
La société américaine de cybersécurité CyberFOX a annoncé l’acquisition de Timus Networks. Grâce à cette opération, CyberFOX entend intégrer les compétences de Timus ...