Kale Group

Rolls-Royce and Kale Group have formed a joint venture company, with Kale Group owning 51% and Rolls-Royce 49%, to develop aircraft engines for Turkey, initially targeting the TF-X National Fighter Jet Project.

Kalekim, a Kale Group company, decided to build a new factory in Balıkesir, Turkey, with an investment of TRY 30 million. The factory will produce construction chemicals including ceramic adhesives, fillers, insulation materials and paints, and is planned to open in the third quarter of 2017.