Washington, DC, December 26, 2018 --(PR.com
)-- The company's latest investment is its first major in the European Union and marks a strategic reorientation to embrace emergent opportunities in the growth-focused Eastern Europe market. This investment will deliver economic growth and sustained value to the V4 (Czech Republic
), and create several hundred local jobs.
Globtec Investment Group, a leading global investor in innovative infrastructure projects, today announced it is making a major and highly-anticipated entry to the European Union market. The company is investing $170 million in capital in public infrastructure and real estate projects in the V4, in partnership with an international investor consortium. Globtec is currently in talks with local authorities to finalize project details, including potential locations.
“Globtec's international investment strategy is built upon leveraging our deep and unique market insights to identify opportunities to maximize sustainable returns on behalf of our investors,” said Globtec President & CEO Murat Karabay. “We look forward to working closely with local authorities, who have developed a strong record of achievement for innovation, economic growth, and delivering services and value to their people.”
Globtec is not new to high-profile investments in significant projects around the globe. The company has earned an impressive reputation for being at the forefront of investment in developing markets, with the ability to consistently realize outstanding returns where other funds are overwhelmed by challenges. Overall, Globtec has achieved a placed fund volume of over $800 million to date.
“The capital for this investment was originally intended for the German market, however conditions there changed and we recognized greater innovation and opportunities for growth are available in the V4 States,” continued Mr. Karabay. “We are excited to be the ones nourishing those opportunities and that Globtec is trusted to provide the financial support required to realize their full potential.”
To learn more about Globtec and for latest news involving the company's current and emerging investment projects, please visit: http://globtec.net/
About Globtec Investment Group
Globtec Investment Group was founded in 2005, to enhance the investment service industry in Turkey, by structuring and offering Turkish investment opportunities to the international market. Following rapid expansion and establishment as a United States-registered business, the company's current focus is identifying investment opportunities in well positioned, innovative companies charting new courses in high performing industries, including Technology, Real Estate, and Green Energy.
Globtec benefits from a strong and experienced management team with a successful record for engaging the international investment community. It develops investor-centric solutions and high profile projects that are expanding and maturing regional capital markets.
Globtec is headquartered in Washington D.C. and has offices in Istanbul, Frankfurt/Main, and Budapest. The company has additional resources, partnerships, and investors around the world. For further information please visit: http://globtec.net/