Mackolik's Advertising Deal, Kütahya Porselen's Factory Acquisition, Efor Çay's Renewable Energy Investment: Latest Updates from BIST Companies
You can find a summary of the latest corporate news based on the announcements made by companies listed on Borsa Istanbul in the continuation of our content.
Mackolik Signs Advertising Agreement Worth 168 Million TL with Nesine.com
Maçkolik İnternet Hizmetleri Tic. A.Ş. (MACKO) has signed a total advertising sales contract worth 168 million TL + VAT with Nesine.com, valid for 12 months starting from January 1, 2025. The company's statement on the Public Disclosure Platform (KAP) indicated that the agreement pertains to advertising sales. This collaboration aims to support Nesine.com's strong position in the industry while seeking to increase Mackolik's revenues.
Kütahya Porselen to Acquire NG Porselen's Factory
Kütahya Porselen Sanayi A.Ş. (KUTPO) has moved to purchase the porcelain factory owned by NG Porselen A.Ş., which has completed the investment incentive certificate in Kütahya, for 320.429 million TL. A portion of the payment will be made upfront, while the remainder will be settled in 12 equal installments. The factory and the incentive certificate will also be transferred to Kütahya Porselen as part of the acquisition.
Efor Çay Begins Production at Solar Power Plant
Efor Çay (EFORC) has launched its solar power plant established in line with sustainability goals. The annual production at the plant is expected to meet the factory's total electricity consumption, with excess production to be sold in the market. This investment is projected to contribute 1.4 million USD to annual revenue and 1 million USD to EBITDA.
Platform Turizm Signs Contracts with İBB and Sarıyer Municipality
Platform Turizm Taşımacılık Gıda İnşaat A.Ş. (PLTUR) has won the Istanbul Metropolitan Municipality's personnel transportation service procurement tender worth 233.217 million TL + VAT and signed a contract effective from January 1, 2025. Additionally, the company won Sarıyer Municipality's vehicle rental service procurement tender worth 419.050 million TL + VAT, which will also commence on January 1, 2025.
Innosa Technology Signs HBYS Contract with Pamukkale University
Innosa Teknoloji A.Ş.'s (INTEK) subsidiary Probel Yazılım has signed a “Hospital Information Management System (HBYS) Service Procurement” contract worth 11.64 million TL + VAT with Pamukkale University Health Research and Application Center. The contract covers the period from January 1, 2025, to December 31, 2025.
Kristal Kola's Investment Incentive Certificate Approved
Kristal Kola (KRSTL) announced that its application for an incentive certificate for a complete new investment worth 1.163 billion TL for its facilities in Kırıkkale has been approved by the Ministry of Industry and Technology. The incentive certificate includes support elements such as VAT exemption, tax reduction, and customs duty exemption.
Ulusoy Un Signs Sale Promise Agreement for Old Factory
Ulusoy Un (ULUUN) has signed a sale promise agreement to sell the land and buildings of its old factory in Samsun/Tekkeköy for a total of 317.5 million TL, with a portion of the payment made upfront and the rest on credit. The company aims to increase its production capacity with modern production technologies and use its existing facilities more efficiently.
Akfen GYO Revises Lease Agreement for Söğütlüçeşme Project
Akfen GYO (AKFGY) has updated the lease agreement for the Söğütlüçeşme Train Station High-Speed Train Station Project, changing the start date to April 1, 2025. The rental income is expected to significantly contribute to the company’s sustainable and predictable revenues.
Altınay Savunma's Subsidiary Signs New Contract
Altınay Savunma Teknolojileri A.Ş. (ALTNY)'s subsidiary TAAC Havacılık Teknolojileri has signed a contract worth 10.02 million USD for motion control systems. This contract aims to strengthen the company's presence in the international market.