
Kardökmak, a subsidiary of Kardemir, signed a final contract with the German Schuler Group for the project of manufacturing 200,000 locomotives and wagon wheels per year. In the statement made by Kardemir to the Public Disclosure Platform, it was stated that the project is included in Kardökmak's investment plan. After the announcement, Kardemir's shares were trading at 2.52 liras, maintaining their gains of 1.22 percent.