Balatacilar

Trade risk

Turkey.

Summary

Balatacilar's website lists Iran as an export destination for their products.

"Turkish friction materials producer Balatacilar Balatacilik Sanayi ve Ticaret [BIST:BALAT] said its unit Azim Lent-e has received authorisation to make a $1.1 million (923,000 euro) investment in Iran. The investment authorisation was given by Iran’s economy ministry, Balatacilar said in a bourse filing on Friday. The company did not disclose details about the investment." (SeeNews, "Turkey's Baltacilar Unit gets Green Light to Make Investment in Iran," 6/5/15) (http://wire.seenews.com/news/turkeys-baltacilar-unit-gets-green-light-to-make-investment-in-iran-456653#)

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