[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
Partial Or Complete Suspension Or Imposssibility Of Operations
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_NatureOfSituationOccured|
Nature Of Situation Occured
Temporary suspension in production
oda_InformationAboutOperationsSupendedOrBecameImpossible|
Information About Operations Suspended Or Became Impossible
Production activities
oda_ReasonOfSuspensionOrImpossibilityOfOperations|
Reason Of Suspension Or Impossibility Of Operations
Requests from international clients to defer orders
oda_DecisionDateOfAuthorizedBodyIfExits|
Decision Date Of Authorized Body If Exits
-
oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
Validity Date Of Suspension Or Impossibility Of Operations
30.03.2020
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
Effect of Suspension or Impossibility of Operations on Total Production of Company
-
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
Effect of Suspension or Impossibility of Operations on Total Sales of Company
-
oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
Share Of Partially Suspended Operations In Total Production And Sales Of Company
-
oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
Number Of Personnel Whose Employment Contracts Were Or Will Be Terminated
Termination of employment is not foreseen.
oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
Total Amount Of Severance And Termination Pays That Was Or Will Be Paid
-
oda_PrecautionsTookIntoConsiderationByCompanyManagement|
Precautions Took Into Consideration By Company Management
The health and safety measures taken (hygiene, travel restrictions, cancellation of physical meetings, remote working, etc.) will continue in an intensive manner.
oda_ConditionsRequiredForGoingIntoOperationAgain|
Conditions Required For Going Into Operation Again
Reactivation of suspended or deferred orders
oda_ExpectedDateToBeginOperations|
Expected Date To Begin Operations
06.04.2020
oda_EffectsOnContinuityAssumptionOfCompany|
Effects On Continuity Assumption Of Company
No effect is expected.
oda_ExplanationSection|
Explanations
oda_AdditionalExplanationTextBlock|

Due to the worldwide effects of the Coronavirus (COVID-19) outbreak and with Europe, which is Vestel Elektronik's major export market, becoming the new epicenter of the pandemic, Vestel Elektronik started to receive requests from its international clients to defer orders. As a result, the Company, which exports most of its output abroad, will suspend production at its plants for one week between March 30 and April 5. The other operations of the Company will continue within the framework of the numerous health and safety measures already taken. Important developments on the subject will be announced to the public.