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[TSKB]
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English
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Hayır (No)
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Hayır (No)
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A loan agreement totaling USD 7 million, sourced from the International Bank for Reconstruction and Development, has been signed with the Industrial Development Bank of Turkey (TSKB). USD 5 million of the loan will be provided as a 5-year term investment loan, while USD 2 million will be provided as a 2-year term working capital loan.
These loans will be used to finance the EGE-1 thermoplastic pipe production factory investment, which is being established in Balıkesir Organized Industrial Zone, and to meet working capital needs within the scope of our Company's 2025-2028 strategic plan. |