Ford Otosan Acquires Ford Romania!

Ford Otosan, owned by Koç Holding, was brought to the agenda with an extremely important announcement today. Company, Ford Romania will buy all shares announced. In the statement, it was stated that Ford Romania’s Craiova facilities and production activities with a production capacity of 250 thousand vehicles and 365 thousand engines will be taken over.

Ford Otosan made a statement to the Public Disclosure Platform between 2022 and 2028 for the takeover transaction. 575 million euros will be paid expressed. It has also been added that an additional payment of up to 140 million euros will be made in 2028, depending on the capacity utilization rate.

What will be produced in the new facility?

In its statement, Koç Holding also shared which models will be produced in Craiova facilities, which it will soon take over. Accordingly, currently in production EcoSport production It will be terminated as of the end of 2022, and the production of the Puma model will continue. as of 2024 All-electric version of Puma will be produced.

However, in order to replace the Courier vehicle, which will continue to be produced until July 2023, the design and engineering will be developed by Ford Otosan. next generation Courier Van (Transit Courier) and combi (Tourneo Courier) versions of the vehicle model will also be produced in Craiova facilities. The production of the internal combustion engine of the new generation Courier model will start in 2023, while the production of the fully electric versions will start in 2024.

With the acquisition of the Romanian Craiova factory, Ford Otosan’s annual production capacity, which is planned to reach 650 thousand units, over 900 thousandthe number of employees over 20 thousand He said he was waiting for her to come out.

Koç Holding, owner of Ford Otosan, shared another explosive news today. One of the largest electric battery manufacturing plants in Europe He announced that he had taken the first step to establish it in Ankara.