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English
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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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31.03.2020
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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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Production and sales interruption
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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Production and sales activities
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Effects of Covid-19 pandemic
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oda_DecisionDateOfAuthorizedBodyIfExits|
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-
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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-
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
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-
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
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-
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oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
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-
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oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
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Termination of employment is not foreseen due to the temporary suspension of activities
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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-
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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Necessary works are carried out within the framework of Business Continuity Plan
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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When curfew ends
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oda_ExpectedDateToBeginOperations|
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-
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oda_EffectsOnContinuityAssumptionOfCompany|
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No effect is expected
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oda_ExplanationSection|
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oda_AdditionalExplanationTextBlock|
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In our statement dated March 31, 2020, some of our subsidiaries operating abroad temporarily suspended production and sales activities in the countries where they operate due to the Covid-19 pandemic when the curfew was announced. Curfews in these countries have been extended and are expected to end on April 25, 2020 in Bangladesh, April 30, 2020 in Pakistan and South Africa. Due to the ongoing curfew in India, our Joint Venture Voltbek's plant also suspended production, but since production has just begun recently at this plant, it has not had a significant impact on our operations. While production started in Russia as of April 15. Although there are occasional disruptions in the procurement, production and sales processes, our activities outside these countries continues by slowing down under the Business Continuity Plan and the broad precautions we take for the health of our employees. 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.