Bayrak Ebt Footwear Soles

Bayrak EBT Taban Sanayi ve Ticaret A.S. is an industrial company producing soles and side components for the footwear sector. Headquartered in the Ikitelli Organised Industrial Zone in Basaksehir, Istanbul, the company has its shares traded on Borsa Istanbul under the ticker BAYRK.

Its business description on KAP, Turkey's Public Disclosure Platform, covers the manufacture of plastic parts for shoes and slippers, including plastic shoe moulds. According to the profile on its website, Bayrak EBT set up a facility in 2013 to produce EVA soles, also known as Faylon, and has reached high-capacity production in this field. Thanks to their lightness and flexibility, EVA soles are widely used in trainers, slippers, sandals and casual shoes. The company supplies these soles to shoe manufacturers, and its website has e-catalogue and references sections. Its location in Istanbul, where footwear manufacturers are concentrated, gives it the advantage of proximity to customers.

For sole producers, prices of EVA and other polymer raw materials, domestic and foreign demand in the footwear sector, the order flow of exporting customers, energy costs and exchange-rate movements are decisive. The BAYRK price history and RSI indicator are available on Lzzo.com.