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Euro Cable, a joint venture between Turkey's Demes Cable and Ethiopia's Glorious Company, inaugurated a new cable manufacturing plant in Gelan, Ethiopia. The $40 million facility boosts annual production capacity from 4,000 to 12,000 tons.
“We used to produce 4,000 tons of different types of cables for the local market annually, but now our annual production capacity is about 12,000 tons.”aa.com.tr
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