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Kocaer made a statement on the suspension of activities

Kocaer Çelik Sanayi ve Ticaret A.Ş. published a statement on the Public Disclosure Platform (KAP) regarding the partial or complete cessation or impossibility of activities.

Kocaer made a statement on the suspension of activities

Kocaer stated that they foresee that the suspension or impossibility of operations will have no impact on the annual production volume and annual sales. With the completion of the necessary infrastructure and technological investments for the resumption of operations, the factory reported that they started mass production on 23 May 2023.

In addition to these announcements, the following statements were made:
"Our Aliağa A2 factory revision and new machinery-equipment investments, which we have commissioned in order to increase the share of new high value-added products in our total production amount, which we communicated with our announcement dated 17.04.2023, have been completed, the planned shutdown we made in our factory during the investment period has ended and our factory has started mass production as of today. Our company aims to further increase its global competitiveness and exports with our value-added production amount that will increase after these investments, which we have realised by using the latest technology for the production of new value-added products in our Aliağa A2 factory."

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