MKE Joint Stock Company Law Adopted in the General Assembly of the Grand National Assembly of Turkey

MKE Joint Stock Company Law Adopted in the General Assembly of the Grand National Assembly of Turkey
MKE Joint Stock Company Law Adopted in the General Assembly of the Grand National Assembly of Turkey

The bill regulating the Machinery and Chemical Industry Institution (MKE) to become a joint stock company was accepted at the General Assembly of the Turkish Grand National Assembly.

Regarding the development, Muhsin Dere, Deputy Minister of National Defense,“MKE INC. Our law was accepted in the General Assembly of the Turkish Grand National Assembly today. We are grateful to everyone who contributed. Congratulations to our country, our nation, our Ministry, our heroic army and all our MKE family. MKE A.S. I hope it will have a structure that will compete with the giants of the world defense industry.”used expressions.


According to the law, the Machinery and Chemical Industry Joint Stock Company (MKE A.Ş.) with an initial capital of 1 billion 200 million TL, subject to the provisions of the Turkish Commercial Code and private law, will be established. MKE A.Ş.'s management, supervision, duties, authorities and responsibilities will be regulated. The ministry to which the company is related will be the Ministry of National Defense.

MKE A.Ş. will start operating with the registration and announcement to be made after the signing of the articles of association, which will be prepared with the opinion of the Ministry of Treasury and Finance.

The entire capital of the company will be owned by the Treasury, but the rights and powers of the Treasury, such as voting, management, representation, audit, based on the shareholding in the company, provided that the ownership right and the profit share right are not prejudiced and all financial rights arising from the shareholding remain with the Ministry of Treasury and Finance. It will be used by the Ministry of Defense.

MKE A.S. will be stronger in the future

Increasing its capacity and capabilities day by day with new facilities and modern production lines, MKE A.Ş. In the upcoming period, it will continue its activities without privatization, getting stronger. MKE A.S. With its new structure that will become even stronger, it is expected to make a name for itself both at home and abroad in the upcoming period. Currently, Machinery and Chemical Industry Inc. Today, it is the only structure in the world that can produce weapons and ammunition in all calibers from 5,56 millimeters to 203 millimeters under one roof.

Finally, in the MKEK Barutsan Rocket and Explosives Factory, which was opened in April 2021, the RDX, HMX, CMX production facility, which is called energetic materials, and modular gunpowder production lines were brought to the institution.

MKE A.Ş., which also carries out many important R&D projects, is expected to achieve rapid results in its activities. As far as it is reflected to the public, MKE A.Ş. The main important R&D projects carried out by

  • Hybrid E-Storm Self-Propelled Howitzer
  • Hybrid M113 E-ZMA
  • 76/62 mm Sea Cannon
  • Close Air Defense System (similar to Phalanx)

Source: defenceturk

Turkey's Best VDS Purchasing Service

Virtual server solutions such as buy VDS or rent VDS have become very popular today. One of the reasons for this popularity is economically priced and high-performance solutions. [more...]

Automotive Production in Turkey Increased by 11 Percent in 12 Months

The Automotive Manufacturers Association (OSD), which is the umbrella organization of the sector with its 13 members guiding the Turkish automotive industry, announced the production and export figures for the January-November period of 2023. [more...]

China's First Domestic Cruise Ship Opens Its Doors to Passengers

It has been reported that China's first domestic passenger ship, Adora Magic City, has been delivered to the operator company. It was informed that all installation and decoration processes inside the ship were completed today. Different [more...]

Turkey's New Track Champion Barkın Pınar Became

Bitci Racing Team AMS completed a season full of innovations and successes with two championships in the AVIS Turkey Track Championship. This season, AUDI RS3 TCR racing [more...]

China's Annual Grain Production Reached Record Level

China's grain production reached a record level, reaching 1,3 million tons, with an increase of 695,41 percent on an annual basis. Data released today by the China National Bureau of Statistics shows that nine [more...]

Savarona Yacht Will Be Used in Students' Maritime Training

The Ministry of National Defense (MSB) announced that Savarona will be used in the naval training of students. In the statement made by the Ministry, Gazi, the founder of the Republic, was included in the inventory of the Naval Forces Command on 17 August 2022. [more...]

Turkcell Provided Hope for Earthquake Victims with Education

Certificates were given to the participants who completed Turkcell Academy's training within the scope of the Heartfelt Projects initiated by Turkcell after the Kahramanmaraş earthquakes. Turkcell General Manager Dr. Ali Taha Koç, “From the earthquake [more...]

Lung Cancer Symptoms and Treatment

As with many symptoms, chest pains that are common in individuals can be attributed to various diseases that are not related to them. Chest pain is caused by many diseases, especially heart and lung diseases. [more...]

Alfa Romeo is Assertive in the Hybrid SUV Market with Tonale

Available with Alfa Romeo's Plug-In Hybrid technology and standard Q4 all-wheel drive system; Tonale, the first C-SUV specifically designed to provide maximum traction and safety. [more...]

'Etiquette' Included in the Curriculum in Schools

The curriculum of the "etiquette and courtesy" course in secondary schools and the "etiquette" course in high schools was prepared by the Ministry of National Education. Ministry of Education changed the name of the course to "etiquette" in high schools and "etiquette" in secondary schools in terms of pedagogical suitability. [more...]

Breathtaking Rescue Exercise on Ilgaz Mountain

Before the ski season in Kastamonu, the rescue exercise carried out by the Provincial Gendarmerie Command JAK team on Ilgaz Mountain was breathtaking. Kastamonu Provincial Gendarmerie Command Gendarmerie Commando Search [more...]

Alstom's Citadis Dualis Trams Entered Service in Île-de-France

Alstom's Citadis Dualis tram trains will run on line 12 T9 of the Île-de-France Mobilités network, which will connect the two major centers of the Essonne region, Évry-Courcouronnes and Massy-Palaiseau (near Paris). [more...]
done :8
done :8

Be the first to comment

Leave a response

Your email address will not be published.