Strategic Agreement between Tuğçelik and BSH Home Appliances

Tuğçelik and BSH Home Appliances New Collaboration

Tuğçelik (TUCLK) has attracted attention with a significant agreement it has recently made. The company will supply critical components for new washing machines in collaboration with the renowned BSH Home Appliances Industry.

Details of the Agreement

According to the notification made to the Public Disclosure Platform (KAP), the agreement involves the supply of the C7 drum star and C5 drum components for the new model washing machines to be produced at BSH Home Appliances’ Çerkezköy factory. This collaboration presents a significant opportunity for Tuğçelik.

Expected Additional Revenue

Tuğçelik expects to generate a total of 13 million euros in additional revenue during the production period from 2026 to 2028. This agreement will strengthen the company's financial performance and further solidify its relationship with BSH Home Appliances.

Important Developments for Investors

Such strategic partnerships are seen as a positive signal for investors while consolidating Tuğçelik's market position. The benefits of the agreement may significantly contribute to the company's financial structure in the coming years.

This information does not constitute any investment advice. Please be sure to conduct your own research before making any investment decisions.