PROJECT

Projects

Summary of Proposed Investment

Project Number

26098

Company Name

STANDARD PROFIL OTOMOTIV SANAYII VE TICARET ANONIM SIRKETI

Date SPI Disclosed

May 18, 2007

Country

Turkiye

Industry

Manufacturing

Projected Board Date

Jun 20, 2007

Status

Completed

Sector

Motor Vehicle Parts

Department

Regional Industry MAS MCT

Environmental Category

B - Limited

Previous Events

Approved : Jun 21, 2007
Signed : Jun 25, 2007
Invested : May 2, 2008

Project Description

Established in 1977 and headquartered in Istanbul, Standard Profil (SP or the company) is the largest manufacturer of automotive sealing systems in Turkey. Its product line includes a wide range of rubber seals such as door seals, trunk seals, engine cover seals and rear window gaskets. These products are sold to various Original Equipment Manufacturers (OEMs) in the automobile industry who use them in the vehicle production process.

IFC is considering an investment in the company.

Sponsor / Cost / Location

Development Impact