Software firm Delcam has established a new Turkish business to take advantage of one of the world’s most emerging markets.
The city group has launched a new subsidiary in Turkey, Delcam Turkiye, to help further increase the growth rate for the company’s CADCAM software business in the country.
Turkey has a GDP of more than $1.1 trillion, and with a growth rate of nine per cent in 2010 has become among the most attractive anywhere on the globe.
The launch coincided with a visit to Istanbul by Delcam chief executive Clive Martell, as part of a UK trade mission led by UK Trade and Investment Minister, Lord Green, and John Cridland, director General of the CBI.
Delcam Turkiye will be based in Istanbul, staffed by local experts in CADCAM technology. They will support Delcam’s existing resellers in Turkey and help to strengthen the company’s profile in the country.
“We enjoyed our most successful year so far in Turkey during 2011, with sales increasing by over 20 per cent,” said Mr Martell. “This will help to maximise our ability to take advantage of the many opportunities for our software in the country.”