[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|
In order to minimize the negative effects of the global COVID-19 pandemic in our country as well as in the whole World,  Kardemir placed the employees' health and safety at first among the priorities, as before. In this line, a large number of precautions that were implemented by the state and especially by the Ministry of Health have already being taken and applied. Additionally, emergency action plans are revised, a comprehensive risk analysis have been done internally regarding to the macro and micro affects of the pandemic to the Iron and Steel sector and our company.


In line with the evaluations made,  reducing employee density and with the aim of  maximizing occupational safety and sustainable production; considering the adverse market conditions in Iron/Steel sector, it is decided to partially reduce the daily production level  across the company by bringing forward various planned maintenance and repair activities.

All the necessary precautions have been taken for  the  supply / procurement safety of our stakeholders and  additional precautions will be taken  according to the pandemic / market developments to be faced.

Respectfully  Submitted.

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