Summary of Proposed Investment
Project Number
7310
Company Name
Eldor Electronics Turkiye A.S.
Date SPI Disclosed
Mar 1, 1996
Country
Turkiye
Industry
Manufacturing
Status
Completed
Sector
Computer & Electronic Products(Computers & Peripherals, Communications Equip., Elec. Watches & Similar Elec. Products. Integrated Circuits & the application of Miniturization Technologies characterize this sector.)
Department
Regional Industry MAS MCT
Environmental Category
B - Limited
Previous Events
Approved : Jun 24, 1996
Signed : Jan 13, 1997
Invested : Jun 10, 1997
Project Description
Summary Of Project Information (SPI)
| Project Name | Turkey-Eldor Elektronics Turkiye A.S. |
| Region | Europe |
Sector
Project No007310
Projected Board DateApril 1, 1996
Company NameEldor Elektronics Turkiye A.S.
Technical Partner and/or Major Shareholders
Eldor S.p.A., Italy 100%
Project Cost Including proposed IFC investment
Project Cost: $15.36 m IFC Investment: $6.00 m
Location of project and Description of site
Expansion of factory in Istanbul, relocation to Manisa Industrial area.
Description of Company and Purpose of Project
Eldor Electronics Turkeiye A.S. will produce FBTs (fly-back transformers) and SMTs (switch mode transformers) for the European TV industry. Eldor Italy plans to shift most of current production to Turkey and concentrate on automation, R&D and other emerging new products in Italy.
Environmental Category and Issues
This is a category B project according to IFC’s environmental review procedure. Environmental issues of potential concern with this project are air emissions and workplace air quality, waste disposal, fire prevention, and employee exposure to noise. Information provided by the project sponsor confirms that the project will use CFC free washing technology and that appropriate mitigation is included in project design to address the waste disposal, fire prevention and employee exposure to noise issues. The project complies with all applicable Government of Turkey environmental regulations as well as applicable World Bank environmental guidelines and policies.
The is from the Public Information Center.
| Date SPI sent to PIC | March 1, 1996 |
For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 676-0365
Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Sponsor / Cost / Location
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