German auto parts company ThyssenKrupp has inaugurated its new factory in north western province of Bursa with an investment worth EUR 6 million.

Mr Eckart Cuntz German ambassador to Turkey said that there are over 3,200 German companies operating in Turkey. He added that "There were 67 German companies operating in Bursa by the end of 2007. As far as foreign investments are concerned, Germany has the most investments in Bursa. ThyssenKrupp's investment in Bursa will boost economic relations between Turkey and Germany."

ThyssenKrupp has 14 factories in 7 countries worldwide. OYAK Renault, Fiat, Ford, Toyota and Honda are among its clients.