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IPG supports laser operations in Turkey

The firm's new sales and service office, based in Instanbul, is targeting additional customers in the large expanding Turkish economy
IPG Photonics Corporation, a manufacturer of high-performance fibre lasers for diverse applications, has opened a new office in Istanbul, Turkey to provide local support and service for the Company's fibre lasers in Turkey and surrounding countries.

Office staff will include trained sales, support, technical and administration.

While many economies have been unable to recover from the recent global financial recession, the Turkish economy expanded by 9.2 percent in 2010, and 8.5 percent in 2011, standing out as one of the few growing economies in Europe, and one of the fastest growing economies in the world.

Turkey, which has a population of 80 million, has a diversified economy with a strong manufacturing ethic, particularly in consumer durables and automobiles. Currently, Turkey is the 16th largest economy in the world and the 5th largest economy in the EU, according to GDP figures in 2011.

“Opening an office in Turkey demonstrates IPG's commitment to the region and will enable the Company to provide prompt and direct technical support," says Valentin Gapontsev, IPG's Chief Executive Officer. "In a short time, we developed numerous cutting OEMs in Turkey which use our high performance fibre lasers. Our continued success there merits a local sales and service presence in Turkey. We are excited about the opportunities in the Turkish market and nearby as well as participating in the growth that Turkey is experiencing."

IPG Photonics Eurasia Lazer Ürünleri Satış ve Servis Hizmetleri Limited Şirketi, the official name of the Turkish office, is registered and is now conducting business.

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