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Turkish group Limak shifts focus to Balkans, Africa

Limak Holding plans to bid in a sale of Sofia airport and is looking at more investments in Africa for its main construction, energy and cement businesses, and the head of the group's investment arm said.

Limak's emphasis on Africa and Eastern Europe highlights a shift in focus for Turkey from traditional export markets in Europe because of sluggish economic growth and the Middle East because of political instability.

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Limak Holding