BRIEF-Anadolu Efes to suspend brewing operations in Istanbul as of May 22
April 20 Anadolu Efes:
* Decided to suspend its brewing operations located in Merter, Istanbul, which has 15 percent share in total capacity, as of May 22
* Says to transfer these operations to other facilities in Adana, Ankara and Izmir
* Says the total estimated employment termination benefits for all of employees in our Merter plant amounts to 14 million lira ($3.82 million)
* This decision was taken considering the environmental and logistic effects of company's factory that remains in the city center after urbanization
* Says to consider the options about the land where the Istanbul factory is located Source text for Eikon:
Further company coverage: ($1 = 3.6646 liras) (Gdynia Newsroom)