ASELSAN is a high technology company within the Foundation of Turkish Armed Forces, operating in the defence systems production sector. Starting with the aim of creating a self-sufficient industry primarily for defence requirements of Turkish Armed Forces, ASELSAN has shown tremendous success in the last 30 years and systematically expanded in the local and global markets. Today the company is a high techno ...
Homend, a Turkish seller and producer of small house appliances, plans to enter the cooling-heating appliances market soon. Homend, a Turkish producer of small house appliances founded in 2010, posted 8 million Turkish Liras in sales revenues last year and aims to increase the figure to 25 million liras for 2011, the firm’s general manager said Friday. The company produces 51 various products and currently ...Read more ›
Koç Holding, the only representative of Turkey in Fortune Global 500 list of the largest 500 companies in the World for a number of years, is the battering ram of the Turkish economy. With its 28.845 million dollars revenues, Koç Holding is ranked 273 in the global 500 list in 2010 of the US-based Fortune magazine. The total sales of the group in the last five years equals to the 7 to 10 percent of Turkey' ...Read more ›
Levent Çakıroğlu, chief executive responisble of durable goods at Koç Holding says Defy’s expansion platform will help Arçelik grow in African markets. Arçelik, a leading manufacturer of white appliances in Turkey, has signed an agreement to acquire South Africa’s Defy Appliances for $324 million, the company announced Thursday on the Istanbul bourse’s website. Arçelik has agreed with Franke Holding, which ...Read more ›