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English
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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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-
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfSituationOccured|
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Reducing production capacity utilization ratio and application to Short-work program
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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Production activities
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Market Conditions/Covid-19
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oda_DecisionDateOfAuthorizedBodyIfExits|
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-
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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As of 3 April 2020
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
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Approximately 50% during reduced capacity
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
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Approximately 50% during reduced capacity
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oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
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Approximately 50% during reduced capacity
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oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
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Termination of employment is not forecasted
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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-
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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Necessary measures have been taken to establish and ensure the continuity of operations and the health of our employees.
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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-
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oda_ExpectedDateToBeginOperations|
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-
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oda_EffectsOnContinuityAssumptionOfCompany|
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No effect
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oda_ExplanationSection|
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oda_AdditionalExplanationTextBlock|
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Considering the decrease in demand due to the COVID-19 outbreak, our company will temporarily reduce its production capacity utilization ratio by 50%. In accordance with the provisions of the "Regulation on Short-Work and Short Work-Allowance", an application will be made to receive short-work allowance. The production process will continue within the framework of existing health and safety measures. Submitted to the public information. Yours Respectfully Material Disclosure Announcement has been prepared in Turkish and in English. In case of any discrepancy between the two versions, Turkish disclosure will 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.