PROJECT

Projects

Summary of Investment Information

Project Number

41874

Company Name

MARTUR SUNGER VE KOLTUK TESISLERI TICARET VE SANAYI ANONIM SIRKETI

Date SPI Disclosed

Mar 27, 2019

Country

Eastern Europe Subregion

Region

Europe

Projected Board Date

May 15, 2019

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jul 2, 2026

Department

Regional Industry - MAS ECA

Industry

Manufacturing

Previous Events

Approved : Aug 8, 2019
Signed : Sep 3, 2019
Invested : Oct 18, 2019

Sector

Automotive and Light Vehicle

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 has production facilities in Turkey, Romania, Russia, Algeria, Poland and is in the process of expanding into Morocco. The project entails financing of Martur’s expansion investment program in Romania, Morocco and Algeria (“the Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation