Ahmet EREN, the Chairman of the Board of Directors attended the UK International Investment Summit.
Our Chairman, Ahmet Eren attended the esteemed International Investment Summit hosted by the British Prime Minister at the Guildhall in London on Monday, October 14th. King Charles III hosted an evening reception at St. Paul's Cathedral to conclude the event.
The summit served as a platform to promote investment and growth throughout the United Kingdom, bringing together more than 300 industry leaders from around the world.
The £1 billion investment by Eren Holding’s Shotton Mill Limited in Deeside, North Wales is a major investment by one of the largest conglomerates in our country. This paper mill, equipped with the state-of-the-art technology will be one of the most advanced and largest technological facilities in Europe. By recycling paper and cardboard, it will generate 750,000 tonnes of cardboard and 67,000 tonnes of tissue paper annually. The Welsh Government and UKEF (UK Export Credit Organisation) will provide support for the project, which is expected to generate and preserve high-skilled manufacturing employment.
The UK Prime Minister announced a remarkable £63bn of investment at the summit, which is anticipated to generate 38,000 jobs. Eric Schmidt, the former CEO of Google, and Gareth Southgate, the former manager of the United Kingdom national football team, were among the prominent speakers who expressed their perspectives on the global economy, artificial intelligence, and the investment opportunities in the United Kingdom.
One of the most remarkable topics of the event was Eren Holding's £1 billion investment in Wales. Through the case study in the event brochure, nearly 250 of the world's most prominent investors were informed about the Shotton Mill project.
Ahmet Eren met with the Secretary of State for Wales, Jo Stevens, and Prime Minister Keir Starmer regarding the project
Ahmet Eren expressed his satisfaction with the investment in Eren Shotton Mill, stating, "I am thrilled that it has been well-received. I am looking forward to the successful opening of the project in 2025. I am proud of the accomplishments of our team and the assistance we have received from the Welsh and UK governments. Deeside will enjoy long-term employment opportunities and prosperity as a result of this partnership. The Shotton Mill facility will serve as a symbol of excellence and a source of pride for Deeside, Wales, and Türkiye."
Eren Holding launched the Shotton Mill Project 29 October 2024