they have already lose their job.
The Ceo´s of BMC ,can´t find a word to describe them -.-
Bye Bye BMC , Welcome Otokar !
- Thread starter madmusti
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they have already lose their job.
The Ceo´s of BMC ,can´t find a word to describe them -.-
KAP : OTOKAR OTOMOTIV VE SAVUNMA SANAYI A.S. / OTKAR [] OZEL DURUM ACIKLAMASI (GENEL) 11.04.2013 13:05:28 | Ekonomi Haberleri | Bigpara.com
It says they will deliver in 2013,that means we will see anything in IDEF 2013
or in 5 Days
It says they will deliver in 2013,that means we will see anything in IDEF 2013
or in 5 Days 
sairaawais
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i think ther eis economic slum going on
what
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Why is the Cukurova Holding not either saving or selling the company? Why are they deliberately miss-managing such an important company? I'm talking about their trucks and not necessarily their defence equipment.
Saithan
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It's simple, you have a holding company, which only have shares. it's BMC's board and CEO who're at fault here. Not Turkcell or others. It's probably difficult to understand unless you've majored in business. But thrashing good business to save a black hole like BMC is not a good idea.
BMC needs restructuring, new board and CEO's. And by handing the administration of BMC to Isbankasi, the bankruptcy seems to have been postponed. Normally when the bank gets the administration it is to ensure the return on investment and then tearing it apart and selling it.
But perhaps it'll be different this time. Maybe BMC will be administrated by a board picked by SSM. Remember that as long as an investment is not profitable, then it's just waste of money. And in this time and age wasting money is not good.
Sovjet died due to arms race with US. Today US must spend all that money on arms to be better and stronger than rest of the world, e.g. China spends a lot too, but not as much as US, and they got cheap work force. So right now the US has a debt to China.
BMC needs restructuring, new board and CEO's. And by handing the administration of BMC to Isbankasi, the bankruptcy seems to have been postponed. Normally when the bank gets the administration it is to ensure the return on investment and then tearing it apart and selling it.
But perhaps it'll be different this time. Maybe BMC will be administrated by a board picked by SSM. Remember that as long as an investment is not profitable, then it's just waste of money. And in this time and age wasting money is not good.
Sovjet died due to arms race with US. Today US must spend all that money on arms to be better and stronger than rest of the world, e.g. China spends a lot too, but not as much as US, and they got cheap work force. So right now the US has a debt to China.
Otokar to provide tactical armoured vehicles after the failure for delivery of BMC Kirpi MRAP
Turkish defense and civil industry firm Otokar has inked an agreement to provide tactical armored vehicles to the security forces amid the government’s problems with BMC, which promised to deliver Kirpi armored carriers but has been unable to deliver orders on time. Otokar said yesterday that it planned to deliver the order, which is worth 82 million Turkish Liras, in 2013. The agreement encompasses the provision of various types of tactical wheeled armored vehicles.
Turkey’s defense procurement body, the Turkish Defense Industry Undersecretariat, gave BMC a one-month deadline on March 20 to deliver 175 Kirpis and 105 trucks that the company has failed to deliver thus far due to financial problems.
Levent Senel, the head of the Defense Industry Undersecretariat’s land vehicles department, had said Turkey was not dependent on BMC for developing such vehicles and that the body could easily consider other options, including Otokar, for the construction of the carriers if the problems persisted.
“During the tender process, we chose the Kirpi on the basis of its advantages but Otokar went on to create its own prototype. After testing the first one, it also produced another one in a different size. If we want to buy a ready-made one, there is a proper vehicle available.”
He said in addition to Otokar, FNSS was another company that could also develop this kind of vehicle. The National Defense Ministry had signed a deal in 2009 with BMC to produce 468 Kirpis and trucks in a range of sizes, to be delivered by the end of 2012. BMC is currently 175 armored carriers and 105 2.5-ton-capacity trucks behind the agreed schedule. Along with the military, police forces are also waiting for 468 Kirpi with past-due delivery dates.
The company has been in a tight squeeze since last May, when the company first failed to pay salaries on time, and production at BMC factories have halted several times in the intervening period. As a last resort, unpaid workers have protested against the company by marching to Ankara and Istanbul from Izmir, where BMC production is located.
Army Reco
Turkish defense and civil industry firm Otokar has inked an agreement to provide tactical armored vehicles to the security forces amid the government’s problems with BMC, which promised to deliver Kirpi armored carriers but has been unable to deliver orders on time. Otokar said yesterday that it planned to deliver the order, which is worth 82 million Turkish Liras, in 2013. The agreement encompasses the provision of various types of tactical wheeled armored vehicles.
Turkey’s defense procurement body, the Turkish Defense Industry Undersecretariat, gave BMC a one-month deadline on March 20 to deliver 175 Kirpis and 105 trucks that the company has failed to deliver thus far due to financial problems.
Levent Senel, the head of the Defense Industry Undersecretariat’s land vehicles department, had said Turkey was not dependent on BMC for developing such vehicles and that the body could easily consider other options, including Otokar, for the construction of the carriers if the problems persisted.
“During the tender process, we chose the Kirpi on the basis of its advantages but Otokar went on to create its own prototype. After testing the first one, it also produced another one in a different size. If we want to buy a ready-made one, there is a proper vehicle available.”
He said in addition to Otokar, FNSS was another company that could also develop this kind of vehicle. The National Defense Ministry had signed a deal in 2009 with BMC to produce 468 Kirpis and trucks in a range of sizes, to be delivered by the end of 2012. BMC is currently 175 armored carriers and 105 2.5-ton-capacity trucks behind the agreed schedule. Along with the military, police forces are also waiting for 468 Kirpi with past-due delivery dates.
The company has been in a tight squeeze since last May, when the company first failed to pay salaries on time, and production at BMC factories have halted several times in the intervening period. As a last resort, unpaid workers have protested against the company by marching to Ankara and Istanbul from Izmir, where BMC production is located.
Army Reco
Saithan
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But the thing is we need companies who make profit from developing these things. And to continue making profit you need to export it. Many countries around the world are going to either develop these or buy them, and the one giving them the best offer will win. I think Turkeys strategy e.g. FNSS factory in Saudi is an example of how we should do it. Make an offer that's so beneficial to the country that they'll pick Turkish companies. Because once you're inside you can always find extra work to do, or develop.
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