TUPRAS Privatization Approved

Unakitan’s statement also recalled a few of the earlier steps undertaken in the privatization procedure, beginning with the announcement on June 7, 2003 to privatize ‘A Group Administration Stock’ by en-block selling and recalling that the last date for the submission of proposals was on October 24, 2003.

Unatikan added that after the decision is formally published in the Official Gazette, contract discussions will start with the purchaser firm, Efremov Kautschuk GMBH.