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MKE founded the company "Zafer" in Egypt

Machinery and Chemical Industry (MKE) launched its 100 percent subsidiary Zafer company in Cairo in order to expand its activities in Egypt.

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Machinery and Chemical Industry (MKE) established Zafer, a 100% subsidiary, in Cairo to manage the defense industry activities in Egypt and expand into the region.
The company will represent MKE in joint production and technology transfer projects with Egypt.

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MKE established the Zafer company, a 100 percent subsidiary, in Cairo in order to expand its defense industry activities in Egypt.

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Machinery and Chemical Industry (MKE) strengthened its presence in Egypt through direct incorporation. In his statement at the El Alamein International Aviation Fair, MKE General Manager İlhami Keleş announced that Zafer company, which was established according to Egyptian law and whose shares belong entirely to MKE, started operating in Cairo.

Zafer will manage MKE's commercial activities in Egypt and will take part as a partner on behalf of MKE in joint ventures planned to be established in the country. Thus, the company will be used not only as a structure for the Egyptian market, but also as a center to expand into Africa and the Gulf region.

Agreements were signed between MKE and the Egyptian Ministry of Military Production covering the joint production and development of various defense industry products, especially energetic materials and explosives.

Keleş also announced that they are working on combining Egypt's military vehicle production capability with MKE's turret, command-control, hard-kill and soft-kill solutions. In this context, joint production of the TOLGA close air defense system in Egypt and marketing to the wider region is also on the agenda.

According to MKE General Manager İlhami Keleş, Zafer will be MKE's representative in partnerships to be established with local companies in Egypt. The production structure to be established through the company is aimed to contribute to export and joint production activities for Africa and Gulf countries in the future.