[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)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
23.06.2023
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Hayır (No)
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Announcement Content
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Explanations
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Reference: Our statement dated 23.06.2023.

As the first stage of the strategic plan we shared in our reference and the investments planned to be made within this scope; due to the ongoing global and local competition in the terminal business of our subsidiary Toros Tarım Sanayi ve Ticaret A.Ş. (Toros Agri), in order to protect the company's position in the sector and adapt to the radical changes experienced, in the company's Ceyhan facilities;

  1. "Grain Warehouse Investment" with a capacity of 60 thousand tons,  amounting to approximately 12 million USD, in order to meet the customer  demand due to the increasing importance of grain products in our region  and Turkey,

  2. As the first phase of the high capacity "New Tank Farm" project  which is planned to be invested gradually; "Vegetable Oil Tank  Investment", in order to gain a strong position in Liquid Terminal  Business in Turkey and in our region and to meet the current customer  demands,

has been decided to be made.

To ensure the continuity and efficiency of existing facilities through relevant investments; it is aimed to increase its competitiveness in terminal business with new product and service patterns.