02.14.18
Hayat Kimya has established a Pakistani subsidiary to sell Molfix baby diapers and Papia and Familia paper goods in the country. The world's fifth largest manufacturers of baby diapers, the Turkish company will invest $150 million in the country, saying it has a huge potential for growth.
“Pakistan has a sentimental value for Hayat, because of the historical brotherhood of our countries," says CEO Hayat Kimya M. A. Kiðýlý. "Hayat Kimya has great confidence in Pakistan, following our initial investment in Pakistan, we project to continue our investment of $150 million."
Parent company Hayat group reports annual sales of $3 billion and has nine subsidiaries across the globe. Molfix, Papia and Familia are leader brands in Turkey, Iran, Russia, Nigeria, Egypt and Morocco and the company also has a strong export network in other countries like Australia, Madagascar, Dominican Republic and Yemen, allowing its brands reach millions of homes in more than 100 countries.
“Pakistan has a sentimental value for Hayat, because of the historical brotherhood of our countries," says CEO Hayat Kimya M. A. Kiðýlý. "Hayat Kimya has great confidence in Pakistan, following our initial investment in Pakistan, we project to continue our investment of $150 million."
Parent company Hayat group reports annual sales of $3 billion and has nine subsidiaries across the globe. Molfix, Papia and Familia are leader brands in Turkey, Iran, Russia, Nigeria, Egypt and Morocco and the company also has a strong export network in other countries like Australia, Madagascar, Dominican Republic and Yemen, allowing its brands reach millions of homes in more than 100 countries.