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 | |||
Annual vacation, periodic maintenance and | |||
Reason Of Suspension Or Impossibility Of Operations | rearranging production lines in preparation for new | ||
investments. | |||
Decision Date Of Authorized Body If Exits | - | ||
Validity Date Of Suspension Or Impossibility Of Operations | 26.07.2021 | ||
Effect of Suspension or Impossibility of Operations on Total | No impact is expected on the total production | ||
Production of Company | estimates for the year 2021 disclosed to the public | ||
Effect of Suspension or Impossibility of Operations on Total | No impact is expected on the total number of sales | ||
Sales of Company | forecasts for the year 2021 disclosed to the public | ||
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 periodic maintenance and annual | ||
vacation | |||
Expected Date To Begin Operations | 16.08.2021 | ||
Effects On Continuity Assumption Of Company | No effect is expected | ||
Explanations | |||
There will be a shutdown at our Yeniköy Plant from July 26, 2021 until August 15, 2021 due to scheduled annual vacation. During this time, periodical maintenance will be carried out and our production lines will be prepared for the upcoming new investments. As stated in our Material Disclosures dated 14 April 2021 and 11 May 2021, our annual routine summer shutdown for the Gölcük and Eskişehir factories were brought forward. Consequently no further shutdown is expected.
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.
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Ford Otomotiv Sanayi AS published this content on 16 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 July 2021 19:16:11 UTC.