Martur LTF
Sector: Water Supply and Storage • Location: Turkiye
Source: International Finance Corporation (IFC)
Martur Sunger ve Koltuk Tesisleri Ticaret ve Sanayi A.S. (“Martur” or the “Company”) designs and manufactures seats and other interior parts for passenger cars and light commercial vehicles. IFC plans to provide a senior loan of EUR40 million to finance Martur's investment program in Turkiye, which constitutes of expansion and maintenance capex during the period of 2024-2027 (the “Project”). The e
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Martur Sunger ve Koltuk Tesisleri Ticaret ve Sanayi A.S. (“Martur” or the “Company”) designs and manufactures seats and other interior parts for passenger cars and light commercial vehicles. IFC plans to provide a senior loan of EUR40 million to finance Martur's investment program in Turkiye, which constitutes of expansion and maintenance capex during the period of 2024-2027 (the “Project”). The expansion capex will include Martur’s new machinery and equipment purchases required for its products, majority of which will be used in electric vehicle production and will not change the existing footprint of Martur’s Turkiye plants. Martur is an IFC client, equity investment in 2016 (#38025, https://disclosures.ifc.org/project-detail/ESRS/38025/martur) and partial financing of Martur’s expansion program for its existing operations in Romania, Algeria and Morocco in 2019 (#41874, https://disclosures.ifc.org/project-detail/ESRS/41874/martur-ii). The environmental and social (E&S) performance of these projects is satisfactory based on IFC’s supervision to date. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
