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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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07.11.2024, 21.11.2024, 31.01.2025
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Hayır (No)
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In the company's public disclosures dated 07.11.2024, 21.11.2024, and 31.01.2025, we announced our long-term transformation plan aimed at enhancing the efficiency and sustainability of our operations in Italy. A draft agreement worked on for approval by employee representatives following discussions with trade unions and other relevant authorities. Upon completion of the evaluations regarding the details of the agreement, obtaining the necessary approvals, and securing corporate approvals, the signing of the agreement is expected.
Based on the prepared draft agreement, production activities will continue at the Cassinetta, Melano, and Comunanza plants, while the Carinaro facility will continue to operate as a center for spare parts and refurbishment processes. The Siena plant, where production is expected to cease by the end of 2025, will continue with its industrial transformation process. If no further developments occur in the industrial transformation process, the lease and employee contracts for this facility will remain valid until the end of 2027.
In this context, an investment of 300 million Euros is expected to be made in Italy between 2025-2027, which includes operational expenses and investments planned for business continuity and in line with the company's operational and strategic objectives. Additionally, the number of employees and positions expected to be affected by the operations in Italy, which was previously projected to be approximately 2,000, is now estimated to be 1,284. Support and incentive programs are planned for the affected employees, and since the necessary provisions have already been made in the financial statements dated December 31, 2024, no additional provisions are anticipated at this stage.
On the other hand, some of the rights to be provided to employees during the process are expected to be covered through social and public support, and the validity of the agreement is subject to approval of such support by the relevant authorities.
It is anticipated that the plan will be regularly evaluated by the parties based on developments, and revisions will be made when necessary.
Significant developments regarding this matter will be shared with the public.
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