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Karsan Otomotiv Sanayii Ve Ticaret A.S.
Hasanaga Organize Sanayi Bolgesi
Sanayi Caddesi Nilufer
Phone: +90 2244842170p:+90 2244842170 BURSA, 16280  Turkey Ticker: KARSN.EKARSN.E
Business Summary
Karsan Otomotiv Sanayii ve Ticaret AS (Karsan) is a Turkey-based company that is principally engaged in the production of light commercial vehicles. The Company serves such brands, as Renault - Trucks, Peugeot and Citroen. Its product portfolio comprises Karsan minibuses and buses, BredaMenarinibus buses, and Hyundai Truck pickups and light trucks. It has two production facilities, namely the Akcalar factory, which manufactures buses, as well as is engaged in welding and painting activities, among others, and the OSB (Industrial Zone) factory, which manufactures and paints tractor cabins, as well as manufactures spare parts. It has two subsidiaries, namely the wholly owned KARSAN USA LLC and the 83%-owned KIRPART OTOMOTIV PARCALARI SAN. VE TIC. A.S., as well as owns 25% shares of KARSAN OTOMOTIV SANAYI MAMULLERI PAZARLAMA A.S. The Company is a part of the Kiraca Group of Companies.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022Yes----

Industries
SIC Code Description
3711 Motor vehicles and passenger car bodies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairperson of the Board of Directors InanKirac 85
Non-Executive Deputy Chairperson of the Board of Directors GiancarloBoschetti 4/5/2019 4/29/2008
Deputy General Manager of Industrial Operations AlperBulucu 3/1/2020 3/1/2020
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Industria Italiana Autobus S.p.A. Via San Donato, 190 Bologna Italy

Business Names
Business Name
Industria Italiana Autobus S.p.A.
Karsan Otomotiv Sanayii Ve Ticaret A.S.
KARSN
KARSN.E

General Information
Number of Employees: 2,130 (As of 9/30/2023)
Outstanding Shares: 900,000,000 (As of 9/30/2023)
Shareholders: 9,045
Stock Exchange: IST
Fax Number: +90 2244842169


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Tuesday, April 23, 2024