Arçelik, the home appliance arm of Turkey’s biggest industrial conglomerate Koç Holding, has temporarily halted activities in four overseas plants amid the coronavirus pandemic.
Arçelik suspended production and sales activities in Pakistan, Bangladesh, South Africa and Russia as authorities in these countries have imposed lockdowns to combat the virus, according to a statement sent to a Public Disclosure Platform (KAP) on Tuesday.
The restrictions are expected to end on April 5 in Bangladesh, April 6 in Pakistan and Russia and on April 17 in South Africa, it said.
The company, however, said the suspension will have a limited effect on its consolidated production and turnover.
"Although there are occasional disruptions in the procurement, production and sales processes, our activities outside of these countries are continuing seamlessly under the business continuity plan and the wide precautions taken for the health of our employees," the statement read.
Arçelik, active in more than 145 countries with 30,000 employees, has 11 brands: Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus and Dawlance.
It has 18 production facilities in seven countries and is the third-largest home appliances company in Europe in terms of sales.
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