Eregli Demir ve Celik Fabrikalari T : -- Material Event Disclosure (General)
September 07, 2020 at 05:05 pm EDT
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In accordance with the provisions of the share transfer agreement dated 31.01.2002 signed between Our Company and Directorate of Privatization Administration regarding the transfer of Our Subsidiary İskenderun Demir ve Çelik A.Ş. (İsdemir)'s shares to Erdemir, a lawsuit was filed by İsdemir against Directorate of Privatization Administration in Ankara 3rd Civil Court of First Instance regarding the receivable amounting to 32,080,016.94 TL that occurred between 01.10.2011 - 31.07.2020. Related developments about the legal process will be shared with the public through the Public Disclosure Platform.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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Eregli Demir ve Çelik Fabrikalari TAS published this content on 07 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2020 21:04:01 UTC
Eregli Demir ve Celik Fabrikalari TAS is a Turkey-based company, which is engaged in the production of iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke and their by-products. The Company produces plates, hot and cold rolled, tin, chromium and zinc coated flat steel and supplies basic inputs to automotive, white goods, pipes and tubes, rolling, manufacturing, electrics-electronics, mechanical engineering, energy, heating equipment, shipbuilding, defense, and packaging industries. The Companyâs subsidiaries include: Erdemir Asia Pacific Pte Ltd, Erdemir Celik Servis Merkezi Sanayi ve Ticaret AS, Erdemir Madencilik Sanayi ve Ticaret AS, Erdemir Muhendislik Yonetim ve Danismanlik Hizmetleri AS, Erdemir-Romania SRL and Iskenderun Demir ve Celik AS.