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The incredible change

Here are the latest developments on the production front in Turkey...

Son Güncelleme: 01.07.2012

The results of the latest "biggest factory owners" survey, which covers the giant groups in Turkey, are full of interesting data. The highest positions in the rankings have changed completely compared with 10 years ago. It is striking that Anadolu Holding, which has 55 factories, has taken over the leadership from Koç. Anadolu Holding is followed by Yıldız Holding with 54 factories and Oyak Holding with 50 factories. The survey shows the trends followed by industrialists over the last 10 years. Here are the latest developments on the production front in Turkey...
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When we study the factory champions over the last ten years we see three distinct trends, It is possible to divide companies into groups accordingly, namely: "those who have gone on the offensive", "those who have streamlined11 and "those who have maintained a balance"... Experts confirm that the trend has not been in one direction, In this regard, every holding has acted according to its own strategy. For example, giant groups such as Koç and Sabancı, which ten years ago had tens of big and small companies in a large number of sectors, have over the years opted to streamline their operations. While, over the same period, business people who only had a presence in one area applied a strategy of diversification. It is not difficult to find examples of "those who have gone on the offensive", because there are many who have significantly increased the number of their factories compared with ten years ago. Experts say that the business people in this group preferred to stress their identity as industrialists. They are led by Yıldız Holding, Oyak, Anadolu Holding, Eczacıbaşı and Limak. For example, Yıldız Holding has increased the number of its factories from 14 to 54 over the last 10 years. Anadolu Holding has increased the number of its factories by 77 per cent. The group has increased the number of its production facilities from 31 ten years ago to 55 today and established itself at the top of the list.


So what is the secret of those who have grown so fast in as short a period as ten years? Experts say that their strategies all different. Raiffeisen Investment AG Turkey General Manager Gökçe Kabatepe highlights a very interesting point. Kabatepe argues that Anadolu Holding, which tops the list, is an extremely successful and striking example. “Anadolu Holding has grown because it is focused on a single area and has invested primarily in this area for many years. After becoming the market leader, it is very logical is to continue to get stronger in that area and Anadolu Holding is a very good example” The secret of the growth of Kipaş Holding, which has opened 12 new factories in the last ten years and risen from 33rd to 15th on our list, is "diversification". Kipaş Holding Board Member Ahmet Öksüz commented as follows: "Ten years ago we only had investments in textiles and clothing. But we have diversified our sectors and in 2012 we have investments in textiles, cement, energy, agriculture and packaging and will make an investment in paper.”


The second group to emerge from our survey comprises companies which have experienced a significant decline in the number of their factories. The Koç Group, Kale Group and Sabancı Holding head the list of groups which have undergone the most radical decline in the number of their factories.  
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