A young team assumed the task of setting up a new factory with a budget of USD 30 million. In a race against time, this ambitious team completed a wholly unique facility in Turkey and one of the few of its kind in Europe. The innovative factory was open and ready for production after an exhausting two-year period.
Borusan Lojistik’s motto is “We do the right things and deliver our promises!”. As a leader in the Turkish Logistics market, Borusan Lojistik is committed to become a “technology company operating in the logistics & transportation sector” and transform the sector through digitalization, as the right thing to do. The first step towards this objective was the establishment of eTA, which has become the third-largest digital forwarder in Europe in less than 7 years, as we deliver our promises.
Asım Kocabıyık
Founder and Honorary Chairperson
Borusan Holding ended fiscal year 2019 with net sales of USD 4,016 million and total assets of USD 4,065 million.
Demonstrating rapid growth thanks to financial market liberalization for some years, the global economy faced various challenges in 2019. These included trade wars between the USA and China ongoing since 2018, fluctuating capital markets due to the Fed’s monetary policies and the impact of the Brexit process in the Eurozone.
Borusan Group has significant experience and a comprehensive vision: We want Borusan to be successfully operating 200 years from now. We have great trust in our corporate structure, which was established with decades-long experience and built on deep expertise.
As the corporate center of Borusan Group, Borusan Holding provides strategic guidance to the entire Group. Acting as a bridge between shareholder expectations and Group companies, Borusan Holding adopts a systematic yet nuanced management approach in its strategic role.
Having adopted the fulfillment of the duty of loyalty to the community as one of its principles, Borusan has focused its social responsibility projects on education, culture and arts by exerting an effort to the primary supporter of these elements.