Date: Issue 112 - February 2022
Defence Turkey: First off, thank you for making the time for our interview. In line with Turkey's vision of producing domestic ballistic steel, OYAK purchased 70% of the outstanding shares of Miilux, a Finland-based ballistic steel manufacturer in 2019, in order to strengthen domestic production and founded Miilux OY/Miilux Yüksek Mukavemetli Çelik Üretim A.Ş., establishing the only flat steel heat treatment plant. Can you give us a brief introduction to the company Miilux OY? What can you tell us about the founding purpose, the goals set, and the activities performed during the past two years?
Yavuz YELDAN: The strategic move of OYAK through the acquisition of Miilux OY has made it one of the world's leading ballistic steel producers in Turkey, and we started to produce our country's first domestic ballistic steel. With this move, we, as OYAK, have acquired all the ballistic steel technology of Miilux OY and have become the only institution in our country with end-to-end ballistic steel production competence.
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