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List of companies of Turkey

From Wikipedia, the free encyclopedia

Location of Turkey

Turkey, officially the Republic of Turkey is a transcontinental presidential republic in Eurasia, mainly on the Anatolian peninsula in Western Asia, with a smaller portion on the Balkan peninsula in Southeast Europe. Turkey is a democratic, secular, unitary, constitutional republic with a diverse cultural heritage.[1][2] As of July 2024, there are 2.439,859 registered companies based in the country.[3]

The country has an emerging market economy as defined by the IMF.[4] Turkey is among the world's developed countries according to the CIA World Factbook.[5] Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey has the world's 17th largest nominal GDP, and 11th largest GDP by PPP. The country is among the world's leading producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances.[citation needed]

For further information on the types of business entities in this country and their abbreviations, see "Business entities in Turkey".

Largest firms

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The list shows firms ranked in the Forbes Global 2000 by total revenues reported as of 2024.[6]

Rank Image Name 2024 Revenues (USD) Employees Notes
309 Koç Holding $67,4B 123,970 Diverse industrial conglomerate controlled by third-generation members of the Koç family. Subsidiaries include Arçelik, Divan Group, Tofaş and Yapı Kredi.
525 İş Bank Tower İşbank $17,6B 21,167 Established by Mustafa Kemal Atatürk in 1924 to be the first national bank of Turkey, it is the largest and operates in 11 countries. 28% of its shares are still held by the Republican People's Party.
676 TurkishAirlinesHQIstanbul Turkish Airlines $21,2B 40,264 State-owned airline capitalized in 1956 and is the world's largest airline by amount of countries served, and 9th largest by revenue. Subsidiaries include A Jet, SunExpress and Air Albania.
666 Akbank $14,7B 12,860 Subsidiary of Sabancı Holding.
759 Vakıfbank genel müdürlüğü Vakıfbank $16,3B 18,579 Owned by Turkey Wealth Fund, Vakıfbank is a state enterprise and is the second-largest bank in Turkey in terms of total assets held. It also operates in the United States, Qatar, Iraq, Qatar, and Austria.
878 Sabancı Center from Istanbul Sapphire, Levent Financial District, Istanbul, Turkey. Sabancı Holding $23,1B 62,853 Subsidiaries include Akbank, TEMSA and Enerjisa
893 Ford Otosan $17,3B 23,701 Global vehicle manufacturer equally owned by Koç Holding and Ford Motor Company. It acquired Ford Romania in 2022.
957 Halkbank $15,8B 18,967
1446 BİM $13,8B 86,647 Retail discount market group that operates in Turkey, Morocco and Egypt.

Notable firms

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This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

  Active firms
  State-owned firms
  Defunct firms

Name Industry Sector Headquarters Founded Notes
Akbank Financials Banks Istanbul 1948 Banking, part of Sabancı Holding
Aksa Basic materials Chemicals Yalova 1968 Chemicals
Alarko Holding Industrials Construction & materials Istanbul 1954 Construction and mechanical industries
Anadolu Isuzu Consumer goods Automobiles & parts Istanbul 1984 Automotive, part of Isuzu (Japan)
Arçelik Consumer goods Personal & household goods Istanbul 1955 Home appliances, part of Koç Holding
Arkem Basic materials Chemicals Istanbul 1991 Chemicals
Assan Consumer goods Automobiles & parts Istanbul 1994 Automotive, owned by Hyundai Motor Company
Aselsan Industrials Aerospace & defense Ankara 1975 Defense electronic systems
Askam Industrials Industrial engineering Istanbul 1964 Commercial trucks, defunct 2015
Avea Telecommunications Mobile telecommunications Istanbul 2004 Mobile phone operation, part of Türk Telekom
Aygaz Oil & gas Oil & gas producers Istanbul 1961 Propane gas, part of Koç Holding
Banvit Consumer goods Food & beverage Bandırma 1968 Poultry
Basak Traktor Industrials Industrial engineering Adapazarı 1914 Tractors
Baykar Industrials Defence Istanbul 1984 UAV
Beko Consumer goods Personal & household goods Istanbul 1967 Home electronics, part of Koç Holding
BİM Consumer goods Retail Istanbul 1995 Grocery
BMC Consumer goods Automobiles & parts İzmir 1964 Automotive
Borusan Holding Conglomerate - Istanbul 1944 Conglomerate: Steel, energy, logistics
BOTAŞ Oil & gas Oil & gas producers Ankara 1974 State-owned oil/energy
Çalık Enerji Oil & gas Oil & gas producers Istanbul 1998 Energy
Canovate Consumer goods Personal & household goods Istanbul 1965 Electrical equipment
Cengiz Holding Conglomerate - Istanbul[7] 1980
Ciner Holding Conglomerate - Istanbul 1978 Energy, media, commerce
Çukurova Holding Conglomerate - Istanbul 1923 Construction, media, telecommunications
DenizBank Financials Banks Istanbul 1938 Private bank, part of Sberbank (Russia)
Dilek Ecza Deposu Health care Pharmaceuticals & biotechnology Antalya 1991 Pharmaceutical distribution
Doğan Holding Conglomerate - Istanbul 1980 Energy, media
Doğtaş Consumer goods Personal & household goods Biga 1972 Furniture
Doğuş Group Conglomerate - Istanbul 1951 Highly diversified conglomerate
Eczacıbaşı Health care Pharmaceuticals & biotechnology Istanbul 1942 Pharmaceuticals
Efes Beverage Group Consumer goods Food & beverage Istanbul 1969 Brewery
Elektrik Üretim Utilities Electricity Ankara 2001 Energy
Enerco Energy Oil & gas Oil & gas producers Istanbul 2004 Natural gas
Enka İnşaat ve Sanayi A.Ş. Industrials Construction & materials Istanbul 1957 Construction
Erdem Architects Industrials Support services Ankara 1998 Architects
Erdemir Basic materials Basic resources Karadeniz Ereğli 1967 Iron and steel
Erkunt Group Industrials Industrial engineering Ankara 1953 Tractors
Estap Consumer goods Personal & household goods Istanbul 1989 Electronics
Eti Maden Industrials Mining Ankara 1993 Mining
EUROTAI Industrials Aerospace & defense Ankara 1997 Helicopters, joint with Airbus Helicopters and TAI
Eurotem Industrials Industrial Transportation Istanbul 2006 Trains, joint with Hyundai Rotem (South Korea)
EÜAŞ Utilities Electricity Ankara 2001 Electric power
Fibabanka Financials Banks Istanbul 2010 Private bank
Finansbank Financials Banks Istanbul 1987 Banking, part of the QNB Group (Qatar)
GAMA Endustri Industrials Construction & materials Ankara[8] 1970 Construction
Garanti Bank Financials Banks Istanbul 1946 Private bank
Goldas Consumer goods Personal & household goods Istanbul 1993 Jewelry
Gülermak Industrials Rail transportation Ankara 1958 Construction
Halk Bankasi Financials Banks Ankara 1938 State-owned Banking
HAVELSAN Software Defence Ankara 1982 Government owned company
Hidromek Industrials Heavy Equipment Ankara 1978 Construction
Hunca Cosmetics Consumer goods Personal & household goods Istanbul 1957 Cosmetics
Inebolu Shipyard Industrials Industrial Transportation İnebolu 2008 Shipbuilding
Isdemir Basic materials Basic resources İskenderun 1970 Steel
Istanbul Consumer goods Personal & household goods Istanbul 1980 Musical instruments
Istanbul Metro Consumer services Transportation Istanbul 1989 Metro
Kalyon Group Industrials Construction & materials Istanbul 1974 Construction
Kardemir Karabük Demir Çelik Fabrikalari A.S. Basic materials Basic resources Karabük 1937 Iron and steel
Karsan Consumer goods Automobiles & parts Bursa 1966 Automotive
Kayi Construction Industrials Construction & materials Istanbul 1991 Construction
Kimetsan Basic materials Chemicals Ankara 1986 Chemicals
Koç Holding Conglomerate - Istanbul 1926 Energy, consumer goods, industrials, financials
Koton Consumer goods Personal & household goods Istanbul 1988 Clothing
Limak Holding Industrials Construction & materials Istanbul 1976 Construction
Mako Elektrik Consumer goods Automobiles & parts Bursa 1970 Automotive
Mavi Jeans Consumer goods Personal & household goods Istanbul 1991 Clothing
Mechanical and Chemical Industry Corporation Industrials Aerospace & defense Ankara 1950 Military
Migros Türk Consumer services Retail Istanbul 1975 Supermarket, part of Koç Holding
Nurol Holding Industrials Construction & materials Ankara 1989 Construction
Omsan Industrials Support services Istanbul 1978 Logistics
OPET Oil & gas Oil & gas producers Mersin 1982 Oil and gas, part of Koç Holding
Otokar Consumer goods Automobiles & parts Sakarya 1963 Automotive, part of Koç Holding
Otosan Consumer goods Automobiles & parts Gölcük 1959 Automotive, part of Koç Holding
Oyak-Renault Consumer goods Automobiles & parts Bursa 1969 Automotive
Ozaltin Consumer goods Automobiles & parts Adana 2000 Automotive
Pancar Motor Industrials Industrial engineering Konya 1956 Diesel engines
Petkim Oil & gas Oil & gas producers İzmir 1965 Petrochemical
Petrol Ofisi Oil & gas Oil & gas producers Istanbul 1941 Oil and gas
Polimeks Industrials Construction & materials Istanbul 1995 Construction
Poliya Basic materials Chemicals Istanbul 1983 Composites and chemicals
PTT Industrials Postal service Ankara 1840 State-owned
Roketsan Industrials Defence Ankara 1988 Missile manufacturer
Sabancı Holding Conglomerate - Istanbul 1926 Financials, energy, retail
Sahinler Holding Industrials General industrials Istanbul 1984 Textile
Salcano Consumer goods Personal & household goods Istanbul 1975 Bicycle
Şekerbank Financials Banks Eskişehir 1953 Banking
Şişecam Industrials Construction & materials Istanbul 1935 Glass manufacturing
Solimpeks Oil & gas Alternative energy Konya 2001 Renewable energy
STFA Group Industrials Construction & materials Istanbul 1938 Civil engineering and construction
Tabanlioglu Architects Industrials Support services Istanbul 1956 Architects
TAV Airports Holding Industrials Industrial Transportation Istanbul 1997 Airport
TCDD Industrials Railroads Ankara 1929 State-owned
TCDD Taşımacılık Industrials Transportation services Ankara 2016 State-owned
Tekel Consumer goods Food & beverage Istanbul 1862 Tobacco and alcoholic beverages
Tekfen Industrials Construction & materials Istanbul 1956 Construction
Temsa Consumer goods Automobiles & parts Adana 1968 Automotive, part of Sabancı Holding
Tersan Shipyard Industrials Industrial Transportation Yalova 1990 Shipbuilding
Tofas Consumer goods Automobiles & parts Istanbul 1968 Automotive, part of Koç Holding
TÜLOMSAŞ Industrials Industrial Transportation Eskişehir 1894 Locomotive manufacture
Tüpraş Oil & gas Oil & gas producers Kocaeli 1983 Oil refining, part of Koç Holding
Türk Telekom Telecommunications Fixed line telecommunications Ankara 1839 State-owned Telecommunication
Turkcell Telecommunications Mobile telecommunications Istanbul 1994 State-owned Mobile phone operation
Turkish Aerospace Industries (TAI) Industrials Aerospace & defense Ankara 2005 State-owned Aircraft manufacture
Turkish Airlines Consumer services Travel & leisure Istanbul 1933 Airline
Türkiye Is Bankasi Financials Banks Istanbul 1924 Banking
Türkiye Petrolleri Anonim Ortaklığı (TPAO) Oil & gas Oil & gas producers Ankara 1954 State-owned Oil and gas industry
TÜVASAŞ Industrials Industrial Transportation Adapazarı 1951 Railcar manufacturer
Ugur Cooling Industrials General industrials Aydın 1954 Cooling equipment
Ugur Group Companies Conglomerate - Aydın 1954 Consumer goods, medical
Ülker Consumer goods Food & beverage Istanbul 1944 Food production
VakıfBank Financials Banks Istanbul 1954 State-owned Banking
Vakko Consumer goods Personal & household goods Istanbul 1934 Clothing
Vestel Consumer goods Personal & household goods Manisa 1984 Home electronics
Vitra Health care Health care equipment & services Istanbul 1942 Sanitary goods
Yapi Merkezi Industrials Construction & materials Istanbul 1965 Construction
Yapi ve Kredi Bankasi Financials Banks Istanbul 1944 Banking
Yüksel Tohumculuk Consumer goods Food & beverage Antalya 1996 Seeds, plant breeding
Ziraat Bankasi Financials Banks Ankara 1863 State-owned banking
Zorlu Holding Conglomerate - Istanbul 1990 Textiles, electronics
  • A view of Levent, one of the main business districts in Istanbul and home to the city's tallest buildings.
    A view of Levent, one of the main business districts in Istanbul and home to the city's tallest buildings.
  • Turkish steel works of Erdemir.
    Turkish steel works of Erdemir.
  • The Eczacıbaşı offices in Istanbul.
    The Eczacıbaşı offices in Istanbul.

See also

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References

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  1. ^ "Turkey". The World Factbook. Archived from the original on January 10, 2021. Retrieved 9 February 2013.
  2. ^ "What really matters about Multiculturalism in Turkey by Rabee Al-Hafidh". todayszaman.com. Archived from the original on 19 February 2015. Retrieved 18 February 2015.
  3. ^ "Industry Breakdown of Companies in Turkey". HitHorizons.
  4. ^ "IMF Advanced Economies List. World Economic Outlook" (PDF). April 2011. p. 173.
  5. ^ "The World Factbook". cia.gov. Archived from the original on June 13, 2007.
  6. ^ SCHIFRIN", "ANDREA MURPHY"," MATT. "Forbes 2024 Global 2000 List - The World's Largest Companies Ranked". Forbes. Retrieved 2024-12-20.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. ^ "Company Overview of Cengiz Holding A.S." Bloomberg. Retrieved 2019-04-01.
  8. ^ "Company Overview of GAMA Endüstri Tesisleri Imalat Ve Montaj A.S." Bloomberg. Retrieved 2019-04-01.
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