Nigbas Precast Concrete

Niğbaş Niğde Beton Sanayi ve Ticaret A.S. is a building materials company that has been operating since 1969 and is headquartered in the Nigde Organized Industrial Zone. For a long time part of Isiklar Holding, the company has been acquired by Loras Holding, according to an announcement on its corporate website. Its shares trade on Borsa Istanbul under the ticker NIBAS.

The company's current activities are grouped under GRC (glass fiber reinforced concrete) facade systems, construction chemicals and real estate projects. Nigbas began producing cement-based construction chemicals at its automated facility in Nigde in 2006; it first launched adhesive and grout products used in facing brick applications and then broadened its product range. Its articles of association also allow the production of other products such as precast concrete elements and reinforced concrete poles.

For NIBAS shares, the pace of the construction sector, cement and chemical raw material costs, tenders for facade projects and strategy announcements by the new main shareholder are the topics followed. On the Lzzo.com page, the stock's latest price, daily change and technical indicators can be viewed together.