Reported to KAP: Giant factory is halting production in Gebze
Original headlineKAP'a bildirildi: Dev fabrika Gebze'deki üretimini durduruyor
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Alarko Carrier has decided to halt production at its Gebze factory until February 28, 2027, as part of a restructuring plan disclosed to the Public Disclosure Platform (KAP). The move will result in the termination of 183 employees' contracts, with roughly TL 293 million earmarked for severance and notice pay. The decision signals a significant contraction of the company's manufacturing footprint in Turkey. Investors will be watching for further details on the restructuring's cost impact and any updates to Alarko Carrier's production strategy.
Muhabbit's AI wrote this summary in its own words from Ekonomim's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Alarko Carrier, Gebze factory, 183 employees