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Turkey

Turkey's Ostim says unit ODF Ortadogu Uluslararasi Fuarcilik in liquidation

Dec 18, 2014, 5:45:57 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 18 (SeeNews) – Turkish investment firm Ostim Endustriyel Yatirimlar ve Isletme [BIST:OSTIM] said its unit ODF Ortadogu Uluslararasi Fuarcilik A.S. has entered into liquidation.

Turkey's Ostim says unit ODF Ortadogu Uluslararasi Fuarcilik in liquidation

ODF, 80.95%-owned by Ostim, has not been active for a long time, Ostim said in a bourse filing on Wednesday.

ODF was established to organise the participation of Ostim companies in international fairs, according to information on the website of Ostim.

Ostim is active through its subsidiaries in the provision of equipment, mechanical engineering and construction of industrial construction projects such as electromechanical and automation projects, power plants, telecom projects and cement plants.

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