Karsan Has Interrupted Production at its Factory in Hasanağa OSB

karsan hasanaga has stopped production at its factory in osb
karsan hasanaga has stopped production at its factory in osb

Turkey's Karsan Otomotiv domestic manufacturers, corona virus outbreaks, depending on the customers' orders to all activities at the plant in drifts due Hasanağa Organized Industrial Zone has announced a break in the June 8 to 14 weeks.


In the statement made to the Public Disclosure Platform (PDP), the following information was shared: “Due to the Covid-19 epidemic, order dispositions transmitted by our customers were evaluated, and due to the fact that the said developments are monthly delays, it is considered that they will not have a significant impact on our annual financial forecasts, On behalf of 8–14 June 2020, it has been decided to give a one-week break to all our activities in our factory in Hasanağa Organized Industrial Zone. ”

Content of Notification
Nature of the Subject to the Notification
Due to the Covid-19 epidemic, production interruptions due to order shifts from our customers
Information on Discontinued / Impossible Activities
Production and activities
Reason for Stopping Activities / Making It Impossible
Order dispositions transmitted by our customers due to Covid-19 outbreak
Authorized Body Decision Date, if any
Resolution of the Board of Directors numbered 01.06.2020/2020 dated 21
Validity Date of Suspension / Impossibility of Activities
08.06.2020
Effect of Stopping Activities / Making Impossible on the Company's Total Production
Since these developments are monthly postponements, it is expected that there will be no significant impact on our annual financial forecasts.
Effect of Suspension / Impossibility of Activities on the Company's Total Sales
Since these developments are monthly postponements, it is expected that there will be no significant impact on our annual financial forecasts.
In the case of Partial Cessation, Share of Discontinued Operations in Total Production and Sales
Number of Persons whose Job Contracts are Terminated / Terminated
Termination of employment is not foreseen due to a break from work.
Total of Severance Payments and Severance Payments
Measures Taken by Company Management
Necessary studies will be carried out within the framework of Business Continuity Plan.
Events to Be Resumed for Restart
According to the order plan, it is planned to start production on 15.06.2020.
Predicted Date If It Will Be Operated Again
Production is planned to start on 15.06.2020.
How the Company's Continuity Assumption Will be Affected
It is not expected to have an impact.


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