[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
14.12.2022 - 26.12.2022 - 10.04.2023 - 29.12.2023
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Special disclosures regarding the completion and commencement of production of the 1st stage on 10.04.2023 and the initiation of assembly and installation of our Technological Drip Irrigation System lines, which constitute the 2nd stage of our company's Agricultural Irrigation Facility investment planned in 3 stages in Elazığ Organized Industrial Zone, were announced on the Public Disclosure Platform (KAP) on 14.12.2022 and 26.12.2022.


Within the scope of our Agricultural Irrigation Facility Investment, necessary tests have been completed in the 2nd stage lines, and as of today, 02.02.2024, production has started.


With the completion of the 2nd stage of our investment, it is expected that the total revenue of the pipe group will increase by 10%.


The 3rd and final stage of our investment, which includes Pressure Compensated Drip Irrigation System lines, is expected to be delivered in March 2024.


The investment is carried out within the scope of the investment incentive certificate, providing support for 10 years, including employer's share of social security premiums, income tax support, 90% corporate tax reduction, interest support, customs duty exemption, and VAT exemption.


Respectfully announced to the public.