Izban's capital increased by 15 million TL

Capital of İzmir Suburban System Inc. (İZBAN) was increased from 60 million TL to 75 million TL.
TCDD and Izmir Metropolitan Municipality are 50 partners, and they operate the suburban line of 80 kilometers between Aliağa and Menderes. (İZBAN) capital was increased from 60 million TL to 75 million TL. For the capital increase of 15 million TL, which will be taken by İZBAN Board of Directors, the two partners will also provide 7.5 million TL resources. Most of the source will be used in new train sets. In addition, staff, workshop expenses and old debts will also be paid with this money. The new General Manager of İZBAN is TCDD 2. The former manager of the region, Sebahattin Eriş, also attended the meeting.

Source: Hürriyet Ege