Our Company and its wholly owned subsidiary Erde Mühendislik San. ve Tic. A.Ş. (|||Erde Mühendislik|||) have signed a contract today (06.05.2025) with REC Uluslararası İnşaat Yatırım Sanayi ve Ticaret A.Ş. regarding mechanical and electrical installation works for Ankara Courthouse A&TA&O Blocks project.
The signed contract price on a company basis is,
9.656.326,63 USD (excluding VAT) and 515.079.967,32 TL (excluding VAT) for our Company,
3.418.354,89 USD (excluding VAT) and 332.437.851,88 TL (excluding VAT) for Erde Mühendislik
constituting a total of 13.074.681,52-USD (excluding VAT) and 847.517.819,20-TL (excluding VAT).
With current exchange rate, total contract price is 1.622.640.631,05 TL (including VAT).
We respectfully announce to the public and our shareholders.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.