Element List |
Explanation |
Date of Board Resolution in Regard to the Project |
2022-10-17 Corresponding to 1444-03-21 |
Project Start Date |
Project start date 10/17/2022 |
Project Cost |
1,950,000 EUR |
Financing method for the project |
Self-financing from the company |
Expected completion date of the project |
10/17/2023AD |
Expected Impact on the Company’s Financial Results |
After completing the installation and operation of the line, it is expected to have a positive impact on the company's financial results in 2024 |
Expected Date on Which the Impact on the Financial Results of the Company will Start |
In the first half of 2024 AD |
Expected Date for the Pilot Production of the Project to Begin |
It will be on 10/17/2023 |
Duration of the pilot production of the project |
Two-month trial production |
Expected date for the commercial production of the project |
01/01/2024 |
Executing Party/Counter Party in the Project/Contract |
German company BENTELER Mschinenbau GmbH |
Related Parties |
There is no |
Additional Information |
The purchase of this line comes in line with the company's plan to expand and increase its share in the local market and export, and in line with the Kingdom's plans to increase the company's market share. |
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