- Business
- Özata Denizcilik Sanayi ve Ticaret A.S. (OZATD.IS) operates as a Turkey-based shipyard specializing in repair, maintenance, conversion, and building services for vessels up to 300 meters in length; core offerings include dry docking and afloat repairs, blasting and painting, steel construction and pipe renewals, propeller shaft and rudder systems overhauls, engine and machinery services, as well as specialized work on yachts, passenger vessels, trawlers, ferries, search and rescue boats, carbon fiber catamaran ferries, tankers, dry cargo ships, military vessels, and defense industry projects using materials such as steel, aluminum, and carbon fiber; additional services encompass consulting, ship leasing, renting, and floating pool construction, supported by two floating docks (Dok 2 and Dok 6) and a 20,000-ton annual steel processing capacity at its 60,000 square meter facility. Founded in 1985 in Tuzla, Istanbul by Özdemir Ataseven, initially focusing on steel processing and piping for new builds and renovations, the company relocated and expanded to a dedicated shipyard in Altınova, Yalova, serving worldwide customers with approximately 200 employees and proximity to European markets. In recent developments, its controlling shareholder Özata Tersanecilik Sanayi ve Ticaret A.S. underwent a partial spin-off as announced on September 3, 2025; the company established multiple new business relationships (yeni iş ilişkisi) in August and September 2025, including related party transactions; it listed on Borsa Istanbul in September 2024, bolstering equity through share premiums and improving net working capital; interim financial reports and activity reports for the first half of 2025 were released in August 2025, alongside participation in finance principles and environmental disclosures; a response to a Competition Authority decision was issued on September 5, 2025.