Latest Updates on BIST Companies
You can find the summary of current company news prepared based on the announcements made by companies traded on Borsa Istanbul below.
Karsan to supply 25 E-ATA electric buses to the Ministry of Transport Karsan (KARSN) has won the tender opened by the Turkish Ministry of Transport and secured an order for 25 e-ATA 18-meter articulated electric buses. The order was confirmed following the tender held on August 19, 2024. The delivery of the vehicles is planned to be completed in the second half of 2025. The environmentally friendly features and energy efficiency of the electric buses are expected to play a significant role in urban transportation. With this move, Karsan is solidifying its position in the industry by contributing to sustainable transportation.
AVTUR shares will be subject to a trading ban In accordance with the decision of the Capital Markets Board, AVTUR shares will be closed to margin trading from December 17, 2024, to January 16, 2025, under the Volatility-Based Measures System (VBTS). The Istanbul Stock Exchange emphasized that the purpose of the measure is to prevent potential fluctuations in the markets.
ARD Group and Türksat's cooperation extended Ard Grup Bilişim Teknolojileri A.Ş. (ARDYZ) announced that it has extended the contract signed with Türksat for the Information Technology Support Services Procurement Agreement with the Ministry of Treasury and Finance. The agreement, disclosed on December 28, 2023, and February 29, 2024, has a value of 1,215,000,000 TL and will be valid until December 31, 2025. Under this contract, ARD Group will develop the necessary software projects for e-Government services and restructure existing software with current technologies. Additionally, it will establish the hardware and cybersecurity infrastructure for the relevant software.
Emlak Konut's revenue-sharing tender Emlak Konut Gayrimenkul Yatırım Ortaklığı A.Ş. (EKGYO) held the second session of the tender for the Esenler Atışalanı Stage 1 Land Sale Revenue Sharing Business in Istanbul. In the tender held on December 16, 2024, the company reached a multiplier of 2.00 and received the highest bid. The data disclosed in the tender shows that the total revenue from the Land Sale is 5,230,000,000 TL, and the company's share of total revenue is 1,830,500,000 TL. This revenue partnership aims to ensure sustainable income for Emlak Konut's projects.
CW Enerji's new agreement Cw Enerji Mühendislik Ticaret ve Sanayi A.Ş. (CWENE) signed a contract worth $3,982,751.50 for the installation of a land-based solar power plant with a customer. While the customer's identity is kept as a trade secret, it was later revealed to be Az Otel İşletmeleri Turizm İnşaat Ticaret Ltd. Şti. (Corendon Group). Solar energy projects represent a significant growth area for CW Enerji. This agreement will contribute to strengthening the company's position in the renewable energy sector.
1000 Investments Holding acquires real estate 1000 Yatırımlar Holding A.Ş. (BINHO)'s subsidiary, Altay Yenilebilir Enerji Üretim ve Depolama A.Ş., completed a real estate acquisition for investment purposes. The total acquisition amounts to 26,970,000 TL, with 9,439,500 TL paid upfront, and the remaining amount to be paid in 36 monthly installments. According to the contract, the delivery date of the real estate will be completed within 48 months from the signing date. The processes and developments of the transaction will continue to be announced on the Public Disclosure Platform (KAP).