PROJECT

Projects

Summary of Investment Information

Project Number

38025

Company Name

MARTUR SUNGER VE KOLTUK TESISLERI TICARET VE SANAYI ANONIM SIRKETI

Date SPI Disclosed

Aug 5, 2016

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Oct 7, 2016

Environmental Category

B - Limited

Status

Active

Last Updated Date

Feb 26, 2017

Department

Regional Industry - MAS ECA

Industry

Manufacturing

Previous Events

Approved : Nov 29, 2016
Signed : Dec 5, 2016
Invested : Dec 13, 2016

Sector

Motor Vehicle Parts

Project Description

Established in Bursa, Turkey in 1985, Martur Sunger ve Koltuk Tesisleri Tic. Ve San. A.S. (“Martur” or the “Company”) together with its subsidiaries engage in design and manufacturing of seats as well as other interior parts for passenger cars and light commercial vehicles. The Company’s production facilities are located in Turkey, Romania, Russia and Algeria. The Project entails partial financing of Martur’s investment program in Turkey and Romania.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation