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Ridiculous!
Cant be trusted, source Burak bokdil.Turkish-Qatari venture BMC facing liquidity challenges
A trade union representative said that the company recently laid off nearly 30 white-collar workers. Blue-collar workers fear mass redundancies or unpaid leaves may follow.www.defensenews.com
Koreans being based as always that made me happy finally we are going to use altaysUnder the current circumstances, I think Turkey is likely to get the engines and transmissions that will be used for the first production of the Altay tank from Korea. I think the improvement of the Korean EST15K transmission to be used for Altay will also be completed at the end of the development and testing of the Batu engine currently being developed in Turkey. Or it could be completed faster
Lego’s new trend, toys for big boys. One turret fits all!
That would be a better outcome.I don't think this is true, Tosyalı Holding is a steel production giant saying Tosyalı Holding has liquidity problems is bullshit. Tosyalı can throw a billion on BMC and still be fine. What might happened is Tosyalı is probably pissed off at how the company runs and changed a lot of things.
Tosyalı is tasked to buy BMC because it has money. The new giant investment of Tosyalı is worth 2.5 billion dollars a huge ultra-modern steel production plant that uses EAF Quantum tech. Tosyalı aims a 10 billion turnover this year if I'm not mistaken.That would be a better outcome.
I'm really curious to what Tosyali is going to do, because if RTE and government still pressures the company to do many inviable projects instead of improving on what seemed to work. Then I don't see any good outcome.
FantasticThere are rumors that Tosyali is very unhappy about how the BMC is operating and Tosyali Holding is considering quitting the Altay project.
What is the use of giving the tank to another company by now?I brought big news about BMC and Ethem Sancak.
Qatari shareholders complained to Erdogan about Ethem Sancak and Talip Öztürk and they have good reasons to complain. Erdogan phoned Ethem and swore at his face after he was told that Altay tank with a fully qualified Turkish powerpack (engine and transmission) can't leave the production line before 2025.
Ethem and Talip Öztürk forced to sell their shares in BMC. Talip Öztürk survived the shit storm without much damage as Ethem Sancak was responsible for operations.
Erdo gave the mission of buying Ethem's and Talip's shares to Tosyalı Holding. Specialists from Tosyalı Holding executed a damage control analysis and see that they should stop new factory project and quit Altay tank to make the company profitable. Erdo didn't like that solution. Tosyalı told Erdo that Altay can't be produced before 2025 since the Turkish powerpack will be fully qualified on the tank in late 2024 at the best. Erdo phoned and tasked SSB (Ismail Demir )to find a powerpack for Altay. Luckily Korean powerpack is available(including Korean transmission) but the integration of the Korean powerpack has to start soon to complete tests on the Altay in 2022 and get the first tank in early 2023. Erdo wants Altay in 2023 before the elections at all costs. It is rumored that Erdo considers taking the Altay project from BMC and giving it to a more experienced company and he wants no further delays while the Korean powerpack is integrated and tested on Altay.
It will guarantee that the integration of the Korean powerpack can be completed without further delays. There is no guarantee that BMC can successfully integrate the Korean powerpack and complete all tests on Altay with success to fully qualify the product.What is the use of giving the tank to another company by now?
Erdo's problem is that he viewed Arabs and those with Arab origin as ppl with brain who can do shit; Arabs in general knows nothing except money
I mean what will swearing on Ethem do? Nothing! Te guy probably escaped Turkey by now
Now the Altay tank project is screwed and CHP wont sit quiet and I agree with them for once tbh.
people ask , why in the first place did they give it to bmc?? and let ethem make huge money out of bmc!!you just wanna blame arabs and try so hard to include CHP in your argument .
anyway , erdo did the right thing because if it takes so much time for BMC to make the Altay , then give another company who is actually can do it . the entire Altay Tank issue is a bad management . it would be good idea for aselsan to have a defense management services for noobs like BMC .
people ask , why in the first place did they give it to bmc?? and let ethem make huge money out of bmc!!
When the time comes, everything will be asked!!