Balatacilar
Automotive
BALAT: TI
Turkey
Balatacilar's website lists Iran as an export destination for their products.
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"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)
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