Alarko Carrier Sanayi ve Ticaret Stock

Alarko Carrier Sanayi ve Ticaret AS is a Tukey-based company that operates in the fields of heating, cooling, air conditioning, water purification and pressurization. Its product portfolio covers wall hung boilers and domestic boilers, burners, panel radiators, circulation pumps, pressure tanks, air handling units, fan-coil units, air heater units, cooling groups, water cooling towers, submersible pumps and motors, water softener systems and water pressure systems, among others. The Company’s industry activities are undertaken by the Gebze plant which extends over an area of 60,000 square meters. The Company also has a radiator production plant in Dudullu Organized Industrial Zone of Istanbul. Its trading and marketing activities are run by sales, as well as a web of dealers and after-sale service units in Turkey. As of December 31, 2011, the Company had one subsidiary, which was 98%-owned, namely Alarko S.A.