Report title: Turk Traktor ve Ziraat Makinalari A.S.
from SeeNews - Company Reports
4 page report published Jun 09, 2009

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...Company Name Turk Traktor ve Ziraat Makinalari A.S. Stock Symbol: TTRAK Alternative Names Turk Traktor ve Ziraat Makinalari JSC Date Established 1954 Corporate History 1945 - 1948 ­ At Ataturk Forest Farm is linched an aircraft engine manufacturing facility. 1952 ­ The factory, which had to close down due to insufficient orders, is transferred to Makina ve Kimya Endustrisi Kurumu (MKEK ­ a state enterprise dealing with machinery and chemical products) 1954 ­ A new Company named Minneapolis Moline Turk Traktor is established with head office in Ankara. 1961 ­ Motec Industries Inc., USA acquires from Minneapolis Moline shares in Turk Traktor wroth TRL 6 mln. 1962 ­ Turk Traktor A.S. starts assembling small-power tractors under the Fiat brand. 1963 ­ Turk Traktor A.S. signs agreement with Fiat s general distributor in Turkey Ege Makina ve Ticaret A.S. (Egemak) to common financing of tractors under the Fiat brand. May 25, 1967 ­ White Motor Corp. acquires from Motec Industries Inc. shares in...

Document ID: C3725
Country: Turkey
Industry: Industrial Machinery
Ticker: TTRAK=TR
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