Alarko Holding stock faces factory restructuring after 183 layoffs

Published on 11/09/2026 at 00:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alarko Holding stock traded at TRY 101.80 in Istanbul on Friday. Alarko Carrier plans to close its Gebze plant by February 2027.

Factory Closure Reshapes Operations

Alarko Carrier plans to end production at its Gebze factory by February 28, 2027.
The restructuring follows agreements between Alarko Holding and Carrier HVACR Investments B.V.
Production, sales and after-sales services at the Eski?ehir factory are scheduled to continue.

Alarko, TRAALARK91Q0, Illustration mit AI erstellt.

Alarko Carrier plans to stop production at its Gebze factory in Kocaeli by February 28, 2027, with 183 employee contracts set to end. The development was reported by Haberler on November 6, citing a company disclosure to Turkey's Public Disclosure Platform.

Gebze Production Ends In 2027

The Gebze plant produces Carrier-brand air-handling units, rooftop air conditioners and fan-coil products. Existing orders are expected to be completed and shipped before production ends, while the closing date may change with supply and customer delivery schedules.

The workforce reduction is planned in stages. Contracts for 119 employees are scheduled to end on December 31, 2026, while the remaining 64 positions are expected to continue through the production and shipping process until February 2027.

Alarko Carrier expects severance and notice payments of about TRY 293 million. The company is still assessing other employee liabilities and facility-closing costs, which will be reflected in the relevant financial statements once finalized.

Restructuring Shifts Capacity

The Gebze factory accounts for about 55 percent of Alarko Carrier's production costs, while sales of its Carrier products represented about 13 percent of 2025 net sales. The Eski?ehir facility is expected to continue producing Alarko-branded products and providing sales and after-sales services.

Alarko Holding stock traded at TRY 101.80 on Borsa Istanbul at 18:08 Istanbul time on Friday, November 6, 2026. Investors will focus on the financial effect of the restructuring, including closure expenses and the continuation of production at Eski?ehir.

For the real-time quote of Alarko Holding stock, investors can follow the latest available market indication.

Alarko Holding's Business Portfolio

Alarko Holding is a Turkish public company with activities spanning energy, industry, contracting, agriculture and real estate. The group also highlights research and development, international projects and a national sales network. Its diversified portfolio gives it broader operating exposure than a single-segment industrial manufacturer.

Turkey's BIST 100 provides the broader market context for Turkish-listed shares.

More company information is available through Alarko Holding's investor relations page.

Further updates can be found in More news and analyses on Alarko Holding stock.