Baymak

Turkey: New Import and VAT Taxation for Vacuum Tubes

Submitted by Baerbel Epp on Fri, 07/29/2011 - 18:00.

The Turkish Ministry of Economy has introduced a new calculation method for import taxes and the VAT on imported vacuum tubes. The ’Protection and Inspection Tax’ (Korunma ve Gözetim Vergisi) was made official in the ‘Public Gazette’ and has been in place since 6 July 2011. The new regulation assumes the price of a vacuum tube to be at 6 USD/kg, even if the real price is much lower. The import tax of 1.9 % and 18 % VAT are both calculated based on this assumed price. With an estimated weight of 1.6 kg per tube, import tax and VAT add up to USD 1.9 per tube. That means that the new regulation significantly increases the price of a vacuum tube, which is said to cost between two and three US dollars.

Turkey: Baymak invests US$ 10 million in new Tank Factory

Submitted by Baerbel Epp on Wed, 08/18/2010 - 06:00.

 Tank production factory ” Heart of Baymak's new tank production factory in Tuzla near Istanbul, Turkey, is its automated, enamelling line: The production capacity has increased from 75,000 to 175,000 tanks per year.
Photo: Baymak

BDR Thermea: A new European Heating Giant

Submitted by Baerbel Epp on Wed, 11/25/2009 - 18:23.

 BDR Thermea brands” Together, De Dietrich Remeha Group and Baxi Group have just established BDR Thermea, the third largest heating corporation in Europe. Five solar brands are part of the newly founded company: De Dietrich, Oertli, Baxi, Baymak, Brötje.
Figure: BDR Thermea

Baxi Group: US$ 3 million for a New Collector Production in Turkey

Submitted by Baerbel Epp on Thu, 07/23/2009 - 11:00.

Laser welding machine” A modern Turkish collector factory: Baymak purchased a laser-welding machine as part of the new collector production unit at Istanbul. Photo: Baymak