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Ford Otomotiv Sanayi AS (FROTO.IS)

FROTO.IS on Istanbul Stock Exchange

30.10TRY
22 Jul 2016
Change (% chg)

0.38TL (+1.28%)
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29.72TL
Open
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30.20TL
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28.80TL
Volume
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Latest Key Developments (Source: Significant Developments)

Ford Otomotiv Sanayi AS signs 100 million euros loan from EIB
Monday, 21 Dec 2015 11:23am EST 

Ford Otomotiv Sanayi AS:100 Million euros loan agreement is signed with European Investment Bank (EIB) to finance upcoming R&D investments of vehicle development projects in the following 2 years.The loan is projected to be utilized in the first quarter of 2016.Indicative annual interest rate is around 1.28% excluding bank charges.  Full Article

Ford Otomotiv Sanayi AS manufacturing operations have started in Eskişehir İnönü plant as of June 03
Wednesday, 3 Jun 2015 03:31am EDT 

Ford Otomotiv Sanayi AS:Says labor actions have ended, manufacturing operations have started in Eskişehir İnönü plant effective from June 03.  Full Article

Ford Otomotiv Sanayi AS suspends manufacturing operations until further notice
Monday, 25 May 2015 12:27pm EDT 

Ford Otomotiv Sanayi AS:Labor actions started today at noon time at our Eskişehir İnönü plant and blue-collar workers have not left the plant.As a precautionary measure, manufacturing operations at our İnönü Plant have been temporarily suspended until further notice.  Full Article

Ford Otomotiv Sanayi AS says resumes production on May 21
Friday, 22 May 2015 02:21am EDT 

Ford Otomotiv Sanayi AS:Part supply problem is resolved, manufacturing operations have started in Gölcük and Yeniköy Plants effective from May 21 night shift.  Full Article

Ford Otomotiv Sanayi AS halts production temporarily
Wednesday, 20 May 2015 02:16am EDT 

Ford Otomotiv Sanayi AS:Production was temporarily halted at two plants due to supply problems caused by a labour dispute in the sector.Said production would restart once supply issues were solved.It had cancelled an extra working shift citing supply chain problems.  Full Article

Ford Otomotiv Sanayi AS appoints Chairman
Monday, 23 Mar 2015 12:23pm EDT 

Ford Otomotiv Sanayi AS:Appoints Yildirim Ali Koc as Chairman of the Board.  Full Article

Ford Otomotiv Sanayi AS announces dividend payment for FY 2014
Thursday, 26 Feb 2015 02:05pm EST 

Ford Otomotiv Sanayi AS:Proposes dividend of gross 0.57 Turkish lira and net 0.4845 Turkish lira per share.Proposes to pay FY 2014 dividend on April 1.  Full Article

Ford Otomotiv Sanayi AS expects Capex for Fy 2015 $230 million
Wednesday, 18 Feb 2015 11:48am EST 

Ford Otomotiv Sanayi AS:Sees Fy 2015 Capex (fixed assets) $230 million.  Full Article

Ford Otomotiv Sanayi AS announces corporate auditor
Friday, 13 Feb 2015 11:35am EST 

Ford Otomotiv Sanayi AS:Board of directors recommended appointment of Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik as corporate auditor for fiscal year 2015.  Full Article

Ford Otomotiv Sanayi AS to cooperate on Global Cargo Modular Cab (GCMC)
Thursday, 12 Feb 2015 06:44am EST 

Ford Otomotiv Sanayi AS:Ford Otosan, Ford Motor Company, Ford Global Technologies, LLC, JMC Heavy Duty Vehicle Corporation Ltd and Jiangling Motors Corporation Ltd. (together as "JMC") have decided to cooperate on Global Cargo Modular Cab ("GCMC") Program.The Program aims to develop the cabin of the Cargo Truck.Signs a Memorandum of Understanding for Global Cargo Modular Cab Program.Ford Otosan, Ford Motor Company and JMC have signed a Global Cargo Modular Cab Program Engineering Services Agreement ("ESA") regarding the engineering services to be provided by Ford Otosan.JMC is projected to pay 41.2 Million US Dollars to Ford Otosan in 2015.Agreements are to be in effect until 01.12.2015.  Full Article

Turkey's Ford Otosan 2015 net profit rises 42 percent to 841.9 mln lira

ISTANBUL, Feb 15 Ford Otosan, a joint venture between Ford and Turkey's Koc Holding, posted a 42 percent rise in net profit to 841.9 million lira ($287 million) in 2015, it said in a statement to the Istanbul stock exchange.