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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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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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07.09.2023
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Hayır (No)
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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As stated in our Company's material event disclosure dated on 7th of September, 2023, our grey cement grinding plant investment with an annual average grinding capacity of 600 thousand tons, carried out within our subsidiary Cimsa Americas Cement Manufacturing and Sales Corp. (Cimsa Americas) operating in Houston, United States, has been commissioned following the successful completion of test productions. With the commissioning of the investment, as part of our strategy to expand our global footprint, our Company has commenced grey cement production activities in the U.S. market, in addition to its ongoing white cement production activities. This grey cement grinding plant will support our global growth in existing businesses as well as contributing to increase the share of foreign currency denominated revenues in total.
In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.
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