Recent developments from BIST companies: tender results, dividend decisions, and investment projects.

Recent notifications from companies listed on Borsa Istanbul highlight tender wins, dividend distributions, and investment decisions. Kontrolmatik Teknoloji (KONTR) emerged as the winning firm in the Adapazarı Compressor Station Project tender, valued at 2.97 billion TL, aimed at enhancing Turkey’s energy infrastructure. The project is expected to boost the capacity and efficiency of the natural gas transmission system, ensuring energy supply security.

Bülbüloğlu Vinç Sanayi (BVSAN) reported a net profit of 423 million TL for 2024 and plans to distribute 36.1 million TL in cash dividends. Ford Otosan (FROTO) announced a gross cash dividend of 6 billion TL from its 2024 net profit, while TAV Havalimanları Holding (TAVHL) will not distribute dividends in 2024 due to ongoing investments. Kızılbük Gayrimenkul Yatırım Ortaklığı (KZBGY) received a definitive court ruling on its zoning plan, further solidifying its project status.