71st Ordinary General Assembly Meeting was Held

19 April 2023

GÜBRETAŞ's 71st Ordinary General Assembly Meeting was held on April 17, 2023, with the participation of board members, company managers and shareholders. In addition to physical participation, the meeting, where the financial and operational results of 2022 were evaluated, was also accessed via live broadcast via e-GKS (Electronic General Assembly System).

GÜBRETAŞ's 71st Ordinary General Assembly Meeting has been completed. Board members, company managers and shareholders attended the meeting held at GÜBRETAŞ's headquarters building.

Evaluating the year in his greeting speech at the 71st Ordinary General Assembly, General Manager Aytaç Onkun said that 2022 will be a year in which factors such as high-cost financing, exchange rate fluctuations, global energy crisis, problems in the availability of international fertilizer raw materials and products, and extreme climatic events continue to affect the world. He stated that it was.

Referring to the Russia-Ukraine war, the General Manager stated that the input problem in agricultural production has been brought to the agenda in terms of global markets, and underlined that the contraction of the real sector, price uncertainty and increases in freight costs are the problems faced by the plant nutrition sector in 2022.

Onkun said, "We continued our investments in domestic fertilizer activities as an indication of our confidence in our country and the future of the agricultural sector." General Manager “Despite the negative conditions experienced throughout the year, we successfully completed the period by using our productivity capacity at the highest level with effective risk and crisis management, supply method change and budget discipline in strong cooperation with our main shareholder, Agricultural Credit Cooperatives. I believe that our successes regarding our 2022 activities that we have presented to you will continue to increase in 2023. "I would like to express my gratitude to my colleagues and solution partners who are the architects of these successes achieved in the 71st year of GÜBRETAŞ, our Board of Directors, our main shareholder Agricultural Credit Cooperatives and all our stakeholders, and I hope that 2023 will be a year full of peace, tranquility, health and prosperity." completed.

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