Ulusoy Un Sanayi Ve Ticaret AsBIST: ULUUN

Ulusoy Un Says It Secures Land for Pasta Plant in Samsun, Pays Majority of 388.8 Mln Lira Fee

· Issued by Ulusoy Un Sanayi Ve Ticaret AS

ULUSOY UN SANAYİ VE TİCARET BIST:ULUUN:

  • SAID ON FRIDAY TOOK DELIVERY OF DELIVERY OF A 38,762-SQUARE-METER PLOT ADJACENT TO ITS SAMSUN 50TH YEAR PRODUCTION FACILITY AS PART OF PLANS TO BUILD A PASTA MANUFACTURING PLANT, IN LINE WITH ITS STRATEGY TO EXPAND VERTICALLY INTO HIGH VALUE-ADDED SEGMENTS USING WHEAT AS A RAW MATERIAL

  • THE LAND, LOCATED IN THE SAMSUN FOOD SPECIALIZED ORGANIZED INDUSTRIAL ZONE, WAS ALLOCATED TO THE COMPANY AND OFFICIALLY HANDED OVER ON NOVEMBER 28

  • THE TOTAL ALLOCATION AND SUPERSTRUCTURE ACQUISITION COST AMOUNTS TO 388.78 MILLION LIRA, OF WHICH 332.25 MILLION LIRA WAS PAID UPFRONT

  • THE REMAINING 56.53 MILLION LIRA WILL BE SETTLED BY AUG. 31, 2026

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