[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
20.10.2017, 24.01.2018, 26.01.2018
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Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
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Explanations
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Turkish Metal Industrialists Union (MESS), of which our Company is a member, notified our Company that the Collective Labour Agreement was signed between MESS and Turkish Metal Union to be effective between 1 September 2017 – 31 August 2019 period . In summary of the agreement,

  • For  the first six months hourly wages were increased to 9 TL / hour; a wage  increase of 1.60 TL / hour was made and 0.10 TL / hour was added to hourly  wages for each full year of the workplace's seniority period not exceeding  1.50 TL / hour, for one time only. It was decided to  raise wages at the rate of CPI (Consumer Price Index ) in the 2nd, 3rd and 4th six months of the  agreement.

  • All  social benefits for the first year were increased by 23% and will increase  for the second year at the rate of CPI.

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.