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As part of Şişecam's strategic roadmap focusing on value creation, with the aim of utilizing resources at a high level of efficiency across all regions and business lines where it operates, and supporting economies of scale by increasing energy and production efficiency; our Board of Directors decided in its meeting on June 27, 2025 to relocate Şişecam's handmade glassware production operations from Denizli Facility to Kırklareli Facility and to redesign Kırklareli Facility to enable handmade glassware production during its cold repair process. The General Directorate of Şişecam has been authorized to carry out all necessary actions related to the transition process.
Transitioning to integrated production by consolidating Şişecam's handmade and automated glassware production capacities at Kırklareli Facility, increasing efficiency in handmade glassware operations while preserving qualified workforce, and approaching Europe logistically are anticipated to contribute positively to our Company's profitability.
Further material developments will be announced to our investors in due course within the framework of the relevant legislation. The relevant press release can be found attached. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
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