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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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Temporary suspension in production
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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Production activities
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Requests from international clients to defer orders
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oda_DecisionDateOfAuthorizedBodyIfExits|
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-
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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30.03.2020
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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.
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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-
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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The health and safety measures taken (hygiene, travel restrictions, cancellation of physical meetings, remote working, etc.) will continue in an intensive manner.
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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Reactivation of suspended or deferred orders
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oda_ExpectedDateToBeginOperations|
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06.04.2020
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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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Due to the worldwide effects of the Coronavirus (COVID-19) outbreak and with Europe, which is Vestel Elektronik's major export market, becoming the new epicenter of the pandemic, Vestel Elektronik started to receive requests from its international clients to defer orders. As a result, the Company, which exports most of its output abroad, will suspend production at its plants for one week between March 30 and April 5. The other operations of the Company will continue within the framework of the numerous health and safety measures already taken. Important developments on the subject will be announced to the public. |
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.