Mitsubishi Electric Corporation announced the establishment of Mitsubishi Electric Turkey A., giving the company its first direct presence in Turkey. The new company will act as a base to expand and support Mitsubishi Electric Group business in Turkey and surrounding regions. Mitsubishi Electric's business in Turkey currently includes air conditioning, factory automation and infrastructure-related products such as satellites, elevator/escalators and electrical equipment for railcars.

Ownership in Mitsubishi Electric Turkey A.: Mitsubishi Electric Europe B.V.: 70% and Mitsubishi Electric Corporation: 30%.