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Kocaer Steel's decision to establish a foreign trade company!

Kocaer Steel Industry and Trade Inc. made a statement to the Public Disclosure Platform on April 18, 2024, stating that it has decided to establish a foreign trade company.

Kocaer Steel's decision to establish a foreign trade company!

Kocaer Steel (Kocaer), which recently announced its steel profile factory investment in Arabia, will start working to establish a new foreign trade company. According to the statement, it is understood that it has been decided to establish a joint stock company in order to develop the company's foreign operations and accelerate globalization efforts, to carry out domestic and international trade of all kinds of products, including foreign trade, and to act as a representative, distributor and agency in all fields of activity.

In the official statement made by Kocaer Steel to PDP, "With the decision of our Board of Directors dated 18.04.2024, in order to develop our Company's international operations and accelerate globalization efforts, in order to engage in domestic and international trade of all kinds of products, especially the supply, distribution and foreign trade of iron and steel products, and to carry out representation, distributorship and agency activities related to all fields of activity. 2.000.000,00 TL (two million Turkish Liras) initial capital and to participate 99% in the mentioned company."

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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