Report
Berna Kurbay
EUR 103.01 For Business Accounts Only

BGC Partners: Volkswagen AG reportedly confirms plans to build a plant in Izmir, Turkey; positive…

… In a Bloomberg/Matriks headline citing Automobilewoche, Volkswagen Supervisory Board is said to have approved new Turkey facility in Izmir. No details are yet shared but Haberturk.com says that an official announcement will come in the afternoon. DOAS perspective… Dogus Otomotiv , as the sole importer and distributor of the majority of VW brands in Turkey, has benefited from this newsflow
Underlying
Dogus Otomotiv Servis ve Ticaret A.S.

Dogus Otomotiv Servis Ve Ticaret is an automotive importer and distributor in Turkey. Co. represents 14 international brands each of which is engaged in the following sectors: Passenger cars, Light commercial vehicles, Heavy commercial vehicles, Industrial and marine engines, and Cooling systems.Co. provides its individual and corporate customers with a portfolio of more than 80 models. Co. competes in the industrial and marine engines market by representing the brand Scania Engines and in the cooling systems market representing Thermo King brand. Co.'s sales and service network is comprised of over 500 contact points.

Provider
BGC Partners
BGC Partners

BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.

We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:

  • Mergers & Acquisitions
  • Equity Capital Markets
  • Debt Finance & Advisory

Analysts
Berna Kurbay

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