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,ĂďĞƌ Ͳ News ,ĂďĞƌ DĞƌŬĞnjŝ Ͳ EĞǁƐ ĞŶƚĞƌ
ϮϬϮϱ͛ƚĞ ƺůŬĞ ŽƌƚĂůĂŵĂƐŦŶŦŶ ĞŶ 'ƌŽǁƚŚ ƉŽƚĞŶƟĂů ŽĨ Ăƚ ůĞĂƐƚ ϯ
Ănj ϯ ŬĂƨ ďƺLJƺŵĞ ƉŽƚĂŶƐŝLJĞůŝ ƟŵĞƐ ƚŚĞ ŶĂƟŽŶĂů ĂǀĞƌĂŐĞ ŝŶ
2025
ϮϬϮϱ LJŦůŦŶĂ ĚĂŝƌ ďĞŬůĞŶƟůĞƌŝŶŝ
ĚĞ ƉĂLJůĂƔĂŶ ĞŶŐŝŶ͕ ͞7ŶƔĂĂƚ͕ ^ŚĂƌŝŶŐ ŚŝƐ ĞdžƉĞĐƚĂƟŽŶƐ ĨŽƌ
ŽƚŽŵŽƟǀ͕ ŽƚŽŵŽƟǀ LJĂŶ ƐĂŶĂͲ 2025, Zengin said, “We think
LJŝ͕ ŝŬůŝŵůĞŶĚŝƌŵĞ ǀĞ ƐĂǀƵŶŵĂ that the demand dynamism in
ƐĂŶĂLJŝ Őŝďŝ ƐĞŬƚƂƌůĞƌĚĞŬŝ ƚĂͲ ƐĞĐƚŽƌƐ ƐƵĐŚ ĂƐ ĐŽŶƐƚƌƵĐƟŽŶ͕
ůĞƉ ĐĂŶůŦůŦŒŦŶŦŶ ĂƌƚĂƌĂŬ ĚĞǀĂŵ ĂƵƚŽŵŽƟǀĞ͕ ĂƵƚŽŵŽƟǀĞ ƐƵďͲŝŶ-
ĞĚĞĐĞŒŝŶŝ ĚƺƔƺŶƺLJŽƌƵnj͘ PnjĞůͲ ĚƵƐƚƌLJ͕ Ăŝƌ ĐŽŶĚŝƟŽŶŝŶŐ ĂŶĚ ƚŚĞ
ůŝŬůĞ ŝŶƔĂĂƚ ƐĞŬƚƂƌƺŶĚĞ͕ ŬĂŵƵ ĚĞĨĞŶƐĞ ŝŶĚƵƐƚƌLJ ǁŝůů ĐŽŶƟŶƵĞ
ǀĞ ƂnjĞů ƐĞŬƚƂƌ ƚĂƌĂķŶĚĂŶ ĞƌͲ ƚŽ ŝŶĐƌĞĂƐĞ͘ tĞ ĂŶƟĐŝƉĂƚĞ ƚŚĂƚ
ƚĞůĞŶĞŶ LJĂƨƌŦŵůĂƌŦŶ ĚĞǀƌĞLJĞ there will be a leap forward,
ĂůŦŶŵĂƐŦLJůĂ ďŝƌůŝŬƚĞ ďŝƌ ƐŦĕƌĂŵĂ ĞƐƉĞĐŝĂůůLJ ŝŶ ƚŚĞ ĐŽŶƐƚƌƵĐƟŽŶ
LJĂƔĂŶĂĐĂŒŦŶŦ ƂŶŐƂƌƺLJŽƌƵnj͘ sector, with the commissioning
LJƌŦĐĂ͕ <ĂƌĂĚĞŶŝnj ƂůŐĞƐŝ͛ŶĚĞ of investments postponed by
LJĂƨƌŦŵůĂƌŦ ƚĂŵĂŵůĂŶŵĂŬ ƺnjĞͲ the public and private sectors.
ƌĞ ŽůĂŶ ƚĞƌƐĂŶĞůĞƌŝŶ ƺƌĞƟŵĞ /Ŷ ĂĚĚŝƟŽŶ͕ ǁŝƚŚ ƚŚĞ ĐŽŵŵĞŶ-
ďĂƔůĂŵĂƐŦLJůĂ ďŝƌůŝŬƚĞ͕ ŬĂLJŶĂŬ ƐĞŬƚƂƌƺ ŽůĂƌĂŬ ϮϬϮϱ LJŦůŦŶĚĂ ƺůŬĞ ĐĞŵĞŶƚ ŽĨ ƉƌŽĚƵĐƟŽŶ ŝŶ ƚŚĞ ƐŚŝƉLJĂƌĚƐ ǁŚŽƐĞ ŝŶǀĞƐƚŵĞŶƚƐ ĂƌĞ
ŽƌƚĂůĂŵĂƐŦŶŦŶ ĞŶ Ănj ϯ ŬĂƨ ďƺLJƺŵĞ ĞůĚĞ ĞĚĞďŝůŝƌŝnj͟ ŝĨĂĚĞůĞƌŝŶŝ ĂďŽƵƚ ƚŽ ďĞ ĐŽŵƉůĞƚĞĚ ŝŶ ƚŚĞ ůĂĐŬ ^ĞĂ ZĞŐŝŽŶ͕ ǁĞ ĐĂŶ ĂĐŚŝĞǀĞ
ŬƵůůĂŶĚŦ͘ Ăƚ ůĞĂƐƚ ϯ ƟŵĞƐ ƚŚĞ ŶĂƟŽŶĂů ĂǀĞƌĂŐĞ ŐƌŽǁƚŚ ŝŶ ƚŚĞ ƌĞƐŽƵƌĐĞ
ƐĞĐƚŽƌ ŝŶ ϮϬϮϱ͕͟ ŚĞ ƐĂŝĚ͘
7ĕ ƉĂnjĂƌĚĂŬŝ ĚĂƌĂůŵĂ ŝŶůŝ ƺƌĞƟĐŝůĞƌŝŶ dƺƌŬŝLJĞ͛LJĞ
ŝůŐŝƐŝŶŝ ĂƌƨƌĚŦ dŚĞ ĐŽŶƚƌĂĐƟŽŶ ŝŶ ƚŚĞ ĚŽŵĞƐƟĐ ŵĂƌŬĞƚ ŚĂƐ ŝŶĐƌĞĂƐĞĚ ƚŚĞ
ŝŶƚĞƌĞƐƚ ŽĨ ŚŝŶĞƐĞ ŵĂŶƵĨĂĐƚƵƌĞƌƐ ŝŶ dƵƌŬĞLJ
7ĕ ƉĂnjĂƌĚĂ LJĂƔĂŶĂŶ ĚĂƌĂůŵĂŶŦŶ ŝŶůŝ ƺƌĞƟĐŝůĞƌŝŶ dƺƌŬŝLJĞ͛LJĞ
ŽůĂŶ ŝůŐŝƐŝŶŝ ĂƌƨƌĚŦŒŦŶĂ ĚĞŒŝŶĞŶ ĞŶŐŝŶ͕ ŬŽŶƵLJĂ ĚĂŝƌ ƔƵ ĚĞŒĞƌͲ ĞŶŐŝŶ͕ ǁŚŽ ŵĞŶƟŽŶĞĚ ƚŚĂƚ ƚŚĞ ĐŽŶƚƌĂĐƟŽŶ ŝŶ ƚŚĞ ĚŽŵĞƐƟĐ
ůĞŶĚŝƌŵĞĚĞ ďƵůƵŶĚƵ͗ ͞dƺƌŬŝLJĞ͕ ŵĞǀĐƵƚ ŬŽƔƵůůĂƌ ŝƟďĂƌŦLJůĂ ŝŶůŝ ŵĂƌŬĞƚ ŚĂƐ ŝŶĐƌĞĂƐĞĚ ƚŚĞ ŝŶƚĞƌĞƐƚ ŽĨ ŚŝŶĞƐĞ ŵĂŶƵĨĂĐƚƵƌĞƌƐ ŝŶ
ƺƌĞƟĐŝůĞƌ ŝĕŝŶ ŽůĚƵŬĕĂ ĐĂnjŝƉ ďŝƌ ƉĂnjĂƌ ŚĂůŝŶĞ ŐĞůŵŝƔ ĚƵƌƵŵĚĂ͘ dƵƌŬĞLJ͕ ŵĂĚĞ ƚŚĞ ĨŽůůŽǁŝŶŐ ĂƐƐĞƐƐŵĞŶƚ ŽŶ ƚŚĞ ƐƵďũĞĐƚ͗ ͞dƵƌ-
ǀƌƵƉĂ͕ ĨƌŝŬĂ͕ KƌƚĂ ŽŒƵ ǀĞ zĂŬŦŶ ŽŒƵ͛LJĂ ŽůĂŶ ƐƚƌĂƚĞũŝŬ LJĂͲ ŬĞLJ ŚĂƐ ďĞĐŽŵĞ Ă ǀĞƌLJ ĂƩƌĂĐƟǀĞ ŵĂƌŬĞƚ ĨŽƌ ŚŝŶĞƐĞ ŵĂŶƵĨĂ-
ŬŦŶůŦŒŦŵŦnj ƐĂLJĞƐŝŶĚĞ dƺƌŬŝLJĞ͕ ŝŶůŝ ĮƌŵĂůĂƌŦŶ ŝƔ ďŝƌůŝŒŝ ķƌƐĂƚůĂͲ ĐƚƵƌĞƌƐ ĚƵĞ ƚŽ ƚŚĞ ĐƵƌƌĞŶƚ ĐŽŶĚŝƟŽŶƐ͘ dŚĂŶŬƐ ƚŽ ŽƵƌ ƐƚƌĂƚĞŐŝĐ
ƌŦŶĂ ƐŦĐĂŬ ďĂŬƨŒŦ ďŝƌ ƺůŬĞ ŬŽŶƵŵƵŶĚĂ͘ zĂŬůĂƔŦŬ ϮϬ LJŦůĚŦƌ ŝŶůŝ proximity to Europe, Africa, the Middle East and the Near East,
ƺƌĞƟĐŝůĞƌůĞ ŝƔ ďŝƌůŝŒŝ LJĂƉĂŶ LJĞƌůŝ ĮƌŵĂůĂƌŦŵŦnjĂ ďƵ ĚƂŶĞŵĚĞ ĕŽŬ dƵƌŬĞLJ ŝƐ Ă ĐŽƵŶƚƌLJ ǁŚĞƌĞ ŚŝŶĞƐĞ ĐŽŵƉĂŶŝĞƐ ůŽŽŬ ĨĂǀŽƌĂďůLJ
ĐŝĚĚŝ ƚĞŬůŝŇĞƌŝŶ ŐĞůĚŝŒŝŶŝ ŐƂƌƺLJŽƌƵnj͘͟ ŽŶ ĐŽŽƉĞƌĂƟŽŶ ŽƉƉŽƌƚƵŶŝƟĞƐ͘ tĞ ƐĞĞ ƚŚĂƚ ǀĞƌLJ ƐĞƌŝŽƵƐ ŽīĞƌƐ
ŚĂǀĞ ďĞĞŶ ŵĂĚĞ ƚŽ ŽƵƌ ĚŽŵĞƐƟĐ ĐŽŵƉĂŶŝĞƐ ƚŚĂƚ ŚĂǀĞ ďĞĞŶ
͞zĞƌůŝ ƺƌĞƟĐŝůĞƌŝ ĚĞƐƚĞŬůŝLJŽƌƵnj͟ ĐŽŽƉĞƌĂƟŶŐ ǁŝƚŚ ŚŝŶĞƐĞ ŵĂŶƵĨĂĐƚƵƌĞƌƐ ĨŽƌ ĂďŽƵƚ ϮϬ LJĞĂƌƐ͘͟
sĞŐĂ DĂŬŝŶĂ ŽůĂƌĂŬ ďƵ ƚĞŬůŝŇĞƌĞ ŽůƵŵůƵ LJĂŬůĂƔƨŬůĂƌŦŶŦ ďĞůŝƌͲ ͞tĞ ƐƵƉƉŽƌƚ ĚŽŵĞƐƟĐ ŵĂŶƵĨĂĐƚƵƌĞƌƐ͟
ƚĞŶ ĞŶŐŝŶ͕ ͞dƺŵ ƚĞŬůŝŇĞƌŝ ŚĂƐƐĂƐŝLJĞƚůĞ ĚĞŒĞƌůĞŶĚŝƌŝLJŽƌƵnj͘ &ĂͲ
ŬĂƚ ƔƵ ĂŶ ŝĕŝŶ LJĂƨƌŦŵ ŬĂƌĂƌŦŵŦnjŦ njŽƌůƵ ƐƺƌĞĕƚĞŶ ĚŽůĂLJŦ ďŝƌĂnj ƂƚĞͲ ĞŶŐŝŶ͕ ǁŚŽ ƐƚĂƚĞĚ ƚŚĂƚ ƚŚĞLJ ĂƉƉƌŽĂĐŚ ƚŚĞƐĞ ŽīĞƌƐ ƉŽƐŝƟǀĞůLJ
ůĞĚŝŬ ǀĞ ďĞŬůĞŵĞĚĞLJŝnj͘ Ƶ ĚƂŶĞŵĚĞ͕ ŝƔŝŶŝ͕ ƺƌƺŶƺŶƺ ŐĞůŝƔƟƌŵŝƔ ĂƐ sĞŐĂ DĂŬŝŶĂ͕ ƐĂŝĚ͕ ͞tĞ ĞǀĂůƵĂƚĞ Ăůů ŽīĞƌƐ ǁŝƚŚ ĐĂƌĞ͘ ,ŽǁĞ-
ǀĞ ďŝnjŝŵ ŝƐƚĞĚŝŒŝŵŝnj ŬĂůŝƚĞ ǀĞ ƂnjĞůůŝŬƚĞ ƺƌĞƟŵ LJĂƉĂďŝůĞŶ͕ ĮƌŵĂ ver, we have postponed our investment decision for a while due
LJĂƉŦŵŦnjĂ ƵLJŐƵŶ LJĞƌůŝ ƺƌĞƟĐŝůĞƌŝ ĚĞƐƚĞŬůĞŵĞ ŬĂƌĂƌŦ ĂůĚŦŬ͘ Ƶ ƐĂͲ ƚŽ ƚŚĞ ĚŝĸĐƵůƚ ƉƌŽĐĞƐƐ ĂŶĚ ĂƌĞ ǁĂŝƟŶŐ ĨŽƌ ŶŽǁ͘ ͞ ƵƌŝŶŐ ƚŚŝƐ
LJĞĚĞ ŚĞŵ LJĞƌůŝ ĮƌŵĂůĂƌ ƐĂƨƔ ǀĞ ĮŶĂŶƐŵĂŶ ĂŶůĂŵŦŶĚĂ ĚĂŚĂ period, we have decided to support local manufacturers who
ƌĂŚĂƚ ĞĚĞĐĞŬ ǀĞ ƺƌƺŶƺŶƺ ĚĂŚĂ ĚĂ ŐĞůŝƔƟƌŵĞLJĞ ŽĚĂŬůĂŶĂĐĂŬ͕ have developed their business and products and can produce in
ŚĞŵ ĚĞ ďŝnj ŝĕŝŶĚĞ ďƵůƵŶĚƵŒƵŵƵnj ĚƵƌŐƵŶ ĚƂŶĞŵŝ ĚĂŚĂ ƌĂŚĂƚ ƚŚĞ ƋƵĂůŝƚLJ ĂŶĚ ĨĞĂƚƵƌĞƐ ǁĞ ǁĂŶƚ͕ ĂŶĚ ǁŚŽ ĂƌĞ ƐƵŝƚĂďůĞ ĨŽƌ ŽƵƌ
ĂƚůĂƚĂĐĂŒŦnj͟ ƔĞŬůŝŶĚĞ ŬŽŶƵƔƚƵ͘ company structure. In this way, local companies will be more
ĐŽŵĨŽƌƚĂďůĞ ŝŶ ƚĞƌŵƐ ŽĨ ƐĂůĞƐ ĂŶĚ ĮŶĂŶĐŝŶŐ ĂŶĚ ǁŝůů ĨŽĐƵƐ ŽŶ
developing their products further, and we will get through this
ƐƚĂŐŶĂŶƚ ƉĞƌŝŽĚ ŵŽƌĞ ĞĂƐŝůLJ͕͟ ŚĞ ƐĂŝĚ͘
ϯϲ KĐĂŬ Ͳ :ĂŶƵĂƌLJ ϮϬϮϱ
