Borusan's US Subsidiary Secures $742 Million Order

Borusan Birleşik Boru Fabrikaları Sanayi ve Ticaret AŞ announced that its US-based subsidiary, Borusan Berg Pipe, has received a new order valued at approximately $742 million. In the company's statement, it was noted that this order will significantly contribute to Borusan Berg Pipe's existing operations. Regarding the details of the order, Borusan management emphasized that this agreement is a strategic step aligned with the company's growth objectives. This development is seen as part of Borusan's efforts to strengthen its presence in the global market. Borusan Berg Pipe, with its pipe production facilities in the US, supplies products to the energy sector. The new order is expected to help the company utilize its production capacity more efficiently and increase its revenues. This is not investment advice.