75 Good
Years

With a history of 75 years, Borusan has been one of the leading and most established industrial groups in Turkey.

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Asım Kocabıyık

Founder and Honorary Chairman

“Throughout my life, I believed that people come first and companies exist to serve them.”

1924-2012

FINANCIAL HIGHLIGHTS

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Chairman’s Message

Ahmet Kocabıyık
Chairman

Borusan has become a global player in different business areas, and solidified a structure where the Company can make up for potential risks and issues in a given market with growth in another market.

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Review of 2018 Operations

Agah Uğur
Group CEO

As Borusan Group, despite all the challenges we encountered in 2018, our turnover increased by 2% in US dollars and we reached a sales volume of USD 4,797 million, as well as reaching an EBITDA of USD 352 million.

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75 YEARS OF BORUSAN

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1944

İstiklal Ticaret, the first company of Borusan Group, was established, started a steel and iron business and exported agricultural products.

1958

The first industrial investment was made to establish Borusan Boru Sanayi A.Ş.

1960

Kerim Çelik started operations as Borusan’s first investment in the steel industry.

1968

Borusan Boru’s 4,000 square meter in Sefaköy was moved to the new 58,000 square meter plant in Halkalı.

1969

Borusan Boru realized its first export to Syria in an amount of USD 100,000.

Borusan Holding Management

Borusan Holding achieved successful financial and operational results with its effective management structure in 2018.

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CORPORATE RESPONSIBILITY

Borusan Corporate Center

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In the corporate center’s efforts towards strategic guidance of the Borusan Group, Borusan Holding acts as a bridge between shareholder expectations and the companies, supporting a systematic and nuanced management of these efforts.

75 Good
Years

With a history of 75 years, Borusan has been one of the leading and most established industrial groups in Turkey.

Asım Kocabıyık

Founder and Honorary Chairman

“Throughout my life, I believed that people come first and companies exist to serve them.”

1924-2012

Chairman’s Message

Borusan has become a global player in different business areas, and solidified a structure where the Company can make up for potential risks and issues in a given market with growth in another market.

Review of 2018 Operations

As Borusan Group, despite all the challenges we encountered in 2018, our turnover increased by 2% in US dollars and we reached a sales volume of USD 4,797 million, as well as reaching an EBITDA of USD 352 million.

Borusan Holding Management

Borusan Holding achieved successful financial and operational results with its effective management structure in 2018.

Borusan Corporate Center

In the corporate center’s efforts towards strategic guidance of the Borusan Group, Borusan Holding acts as a bridge between shareholder expectations and the companies, supporting a systematic and nuanced management of these efforts.

Borusan Holding

2018 Annual Report

Borusan Holding

2018 Auditor’s Report

75 GoodYears

With a history of 75 years, Borusan has been one of the leading and most established industrial groups in Turkey.

Asım Kocabıyık

Founder and Honorary Chairman

“Throughout my life, I believed that people come first and companies exist to serve them.”

1924-2012

Chairman’s Message

Borusan has become a global player in different business areas, and solidified a structure where the Company can make up for potential risks and issues in a given market with growth in another market.

Review of 2018 Operations

As Borusan Group, despite all the challenges we encountered in 2018, our turnover increased by 2% in US dollars and we reached a sales volume of USD 4,797 million, as well as reaching an EBITDA of USD 352 million.

Borusan Holding Management

Borusan Holding achieved successful financial and operational results with its effective management structure in 2018.

Borusan Corporate Center

In the corporate center’s efforts towards strategic guidance of the Borusan Group, Borusan Holding acts as a bridge between shareholder expectations and the companies, supporting a systematic and nuanced management of these efforts.

Borusan Holding

2018 Annual Report

Borusan Holding

2018 Auditor’s Report

75 Good
Years