KAMUYU AYDINLATMA PLATFORMU
FORD OTOMOTİV SANAYİ A.Ş.
Partial or Complete Suspension or Imposssibility of
Operations
Summary
Production interruption in Yeniköy Plant
Partial Or Complete Suspension Or Imposssibility Of
Operations
Related Companies | [] | ||
Related Funds | [] | ||
Partial Or Complete Suspension Or Imposssibility Of Operations | |||
Update Notification Flag | Hayır (No) | ||
Correction Notification Flag | Hayır (No) | ||
Date Of The Previous Notification About The Same Subject | - | ||
Postponed Notification Flag | Hayır (No) | ||
Announcement Content | |||
Nature Of Situation Occured | Production interruption in Yeniköy Plant | ||
Information About Operations Suspended Or Became | Production activities in Yeniköy plant | ||
Impossible | |||
Factory maintenance works and rearrangement of | |||
Reason Of Suspension Or Impossibility Of Operations | production lines to prepare for new investments | ||
foreseen. | |||
Decision Date Of Authorized Body If Exits | - | ||
Validity Date Of Suspension Or Impossibility Of Operations | 04.01.2021 | ||
Effect of Suspension or Impossibility of Operations on Total | The said production interruption is included in our | ||
2021 production plans and will not affect our | |||
Production of Company | |||
production volume forecasts. | |||
Effect of Suspension or Impossibility of Operations on Total | No effect on projected sales is expected. | ||
Sales of Company | |||
Share Of Partially Suspended Operations In Total | - | ||
Production And Sales Of Company | |||
Number Of Personnel Whose Employment Contracts Were | - | ||
Or Will Be Terminated | |||
Total Amount Of Severance And Termination Pays That Was | - | ||
Or Will Be Paid | |||
Precautions Took Into Consideration By Company | - | ||
Management | |||
Conditions Required For Going Into Operation Again | Completion of rearrangement of production lines | ||
and maintenance works | |||
Expected Date To Begin Operations | 18.01.2021 | ||
Effects On Continuity Assumption Of Company | No effect is expected. | ||
Explanations | |||
There will be a suspend in production activities starting from January 4, 2021 until January 18, 2021 in our Yeniköy Plant located in Kocaeli Campus, due to factory maintenance works and rearrangement of production lines to prepare for new investments foreseen.
The said production interruption is included in our 2021 production plans and will not affect our production and sales volume forecasts.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
We proclaim that our above disclosure is in conformity with the principles set down in "Material Events Communiqué" of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we're personally liable for the disclosures.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Ford Otomotiv Sanayi AS published this content on 29 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 December 2020 05:58:01 UTC