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Textile giants continue production in the earthquake zone

TopicalTextile giants continue production in the earthquake zone

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10 provinces of Turkey were severely damaged in the Kahramanmaraş earthquake that occurred on February 6. While rescue operations are continuing in Gaziantep and Kahramanmaraş, two of Türkiye’s textile centres, industrial production was also significantly disrupted. However, companies with undamaged facilities continue production.

In the statement made by Borsa Istanbul to the Public Disclosure Platform (KAP), it was reported that due to the earthquake centred in Kahramanmaraş and affecting 10 provinces in total, the trading of the shares of 8 partnerships in the region was temporarily suspended. It was stated that it was decided to suspend the trading of the shares of the companies located in the earthquake zone until the companies make a special circumstance disclosure on how they are affected by the earthquake.

Companies with temporarily suspended trading are: “Sasa Polyester Sanayi AŞ (Share, futures contracts and warrants), Bossa Ticaret ve Sanayi İşletmeleri AŞ, Bilici Yatırım Sanayi ve Ticaret AŞ, Sanko Pazarlama İthalat İhracat AŞ, Hateks Hatay Tekstil İşletmeleri AŞ, İskenderun Demir ve Çelik AŞ, Arsan Tekstil Ticaret ve Sanayi AŞ ve Rubenis Tekstil Sanayi Ticaret AŞ.”

Sasa Polyester, Bossa and Rubenis Tekstil stated that they are continuing production in their statements to KAP.

Sasa Polyester

“The 7.4 magnitude earthquake that occurred on 06.02.2023 morning did not cause any significant damage to our facilities in Seyhan, Adana. Production continues as usual. We wish God’s mercy to those who lost their lives, condolences to their relatives and our nation, and a speedy recovery to the injured. As Sasa, nobody should doubt that we will fulfil our responsibilities.”

Bossa

“On 06.02.2023, during the earthquake that occurred in the morning hours, our facilities in Adana were not damaged and our production process is continuing. We wish a speedy recovery to all those affected by this disaster and wish God’s mercy to those who lost their lives. Respectfully announced to the public.”

Rubenis Tekstil

“The earthquake that occurred in our country on 06.02.2023 did not cause any damage to our Company’s yarn and fabric production facilities located in Eyyübiye 2nd Organised Industrial Zone in Şanlıurfa and to our dyeing factory, which is still in operation. Our production is continuing. We wish God’s mercy to those who lost their lives in the earthquake, condolences to their relatives and our nation, and a speedy recovery to the injured. We hereby inform the public.”

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