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Information about Kardemir Karabük Demir Çelik Sanayi ve Ticaret AŞ (BIST code: KRDMD)

by Financial Economy
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Kardemir Karabük Iron and Steel Industry and Trade Inc. or shortly Kardemir, is the iron and steel factory located in Karabük. The foundations of Kardemir, Turkey’s first heavy industry factory, were laid on April 3, 1937 by the then Prime Minister İsmet İnönü, upon the instruction of Mustafa Kemal Atatürk. Detailed information about Kardemir Karabük Demir Çelik Sanayi ve Ticaret AŞ (Kardemir share code, whose the factory, etc.) is in rest of the article. You can browse here for information about Borsa Istanbul (BIST).

Information about Kardemir Karabük Demir Çelik Sanayi ve Ticaret AŞ

Founded on April 3, 1937 by the then Prime Minister İsmet İnönü and operating as a public institution for 58 years, Karabük Iron and Steel Factories was privatized in 1995 and renamed Kardemir. It is Turkey’s first integrated iron and steel factory and the only company that produces long products based on ore.

Kardemir, which has carried out the project, manufacturing and assembly of many industrial facilities since its establishment, is known as the “factory making factories” in Turkey. Kardemir, whose shares are all traded on the BIST, ranked 26th in the latest “Turkey’s Top 500 Industrial Enterprises” 2019 report announced by the Istanbul Chamber of Industry.

Kardemir stock market information

100% of Karabük Demir Çelik Sanayi ve Ticaret A.Ş. is traded in Borsa Istanbul as A, B, D groups. The company increased its paid-in capital from 550.000.000 TL to 878.555.000 TL on 25 June 2009. increased from 878,555,000 TL to 1,055,000,000.00 TL on 4 July 2013.

The stock exchange code of Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.Ş. is KRDMD. In addition to this code, KRDMB and KRDMA share codes are also available. A group, namely KRDMA, was given to Kardemir employees. Group B, namely KRDMB, was opened to chamber of commerce members, and group d, KRDMD, to investors in the stock market.

Attention: This content has been prepared for informational purposes only. It is not investment advice!

For information about Borsa Istanbul, you can check here.

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