Kardemir Shares Future Plans with KfW-IPEX Bank

kardemir kfw shared its future plans with ipex bank
kardemir kfw shared its future plans with ipex bank

Karabuk Iron and Steel Factories (KARDEMIR), AS. KfW-IPEX Bank, an international credit company based in Germany, discussed its future plans.

In line with its vision of institutionalization and continuous development, Kardemir aims to work more closely with international financial institutions such as IsDB, EBRD, IFC and has shared its future plans with KfW-IPEX Bank, which is working as a creditor bank in Steel Mill Converter Capacity Increase, Rod & Coil Rolling Mill and Railway Wheel Production Facilities.

The meeting, which focused on the current situation in the global steel sector and the investments and future plans of Kardemir, was held today at Kardemir's Istanbul Office. The meeting, KfW-IPEX Bank on behalf of the bank's Global CEO Klaus Michalak, Turkey Representative Office Director Jasmine KUYTAM and Turkey Representative Office Manager feelings Çağman attending, while Kardemir general manager at the desk Dr Hussein SOYKAN, Chief Financial Officer Executive Vice President (CFO) Furkan Ünal He was represented by Özgür Öge, Finance and Investor Relations Manager.

Stating that they had a very productive meeting with KfW-IPEX Bank, one of the largest financial institutions in the world, Kardemir General Manager said. Hüseyin Soykan, the developments in the Turkish and world iron and steel industry, in this context, along with ongoing investments in the short, medium and long-term goals and plans of Kardemir said that the future.

Kardemir's highest investment in Turkey pointed out that one of the companies that provide financing support KfW-IPEX Global CEO Michalak also said in a statement, expressed their pleasure to be working with Kardemir said that they are also open to all potential partnerships for new investment.

About Levent Ozen
Every year, high-speed rail sector, the European leader in the growing Turkey. Investments in railways, which take this speed from high-speed trains, continue to increase. In addition, with the investments made for transportation in the city, the stars of many of our companies making domestic production shine. It is proud that Turkish high-speed tren national train ”production has been started in addition to the companies producing domestic tram, light rail and subway vehicles. We are very happy to be in this proud table.

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