ADDING VALUE TO STEEL

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.

MAKING A DIFFERENCE IN CONSTRUCTION, RESOURCE AND ENERGY & TRANSPORTATION INDUSTRIES

Component Rebuild Centers of Borusan Cat are integrated solutions providing facilities working just like an actual factory. These facilities, which are built to create a center of excellence and to give the best service to customers both required and gave birth to leadership stories.

RAISING THE BAR IN THE AUTOMOTIVE INDUSTRY

Borusan Otomotiv Group offers the best sales and aftersales services by providing customized, integrated, transparent and value-focused services at all touchpoints - with its expert staff.

eTA: MAKING A DIFFERENCE IN LOGISTICS

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.

LEADERS ENERGIZING GENERATION

Borusan EnBW Enerji continues its activities with its mission to support the development of the renewable energy potential of Turkey and to reduce foreign dependency in the area of energy.

“Throughout my life, I have always believed that people come first and companies exist to serve them.”
1924-2012

Asım Kocabıyık

Founder and Honorary Chairperson

Financial Highlights

MOVING FORWARD INTO THE FUTURE

Borusan Holding ended fiscal year 2019 with net sales of USD 4,016 million and total assets of USD 4,065 million.

SALES (USD MILLION) 2019 2018 4,793 4,016
EXPORTS (USD MILLION) 2019 2018 1,663 1,412
EBITDA (USD MILLION) 2019 2018 352 331
Chairperson’s Message

CREATING SUSTAINABLE VALUE IN ALL OUR BUSINESS LINES

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.

Ahmet Kocabıyık
Ongoing digital transformation
Thanks to its ongoing digital transformation investments, Borusan Holding achieved successful outcomes in 2019 by effectively coordinating its operations and human resources in various countries across the world.

AHMET KOCABIYIK
CHAIRPERSON

Group CEO Message

SUCCEEDING IN UNCERTAIN TIMES

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.

Erkan Kafadar
Business continuity without compromising safety
Borusan Holding enters this new environment emerging with the Covid-19 pandemic by focusing on protecting its employees, stakeholders and business.

ERKAN KAFADAR
GROUP CEO

Borusan Corporate Center

CONTINUOUSLY CREATING VALUE

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.

Borusan Kurumsal Merkez
Borusan Holding at a Glance

GLOBAL OPERATIONS ON 3 CONTINENTS, IN 12 COUNTRIES

MANUFACTURING

MACHINERY AND
POWER SYSTEMS

AUTOMOTIVE

LOGISTICS

ENERGY

Corporate Responsibility

WE GROW AND DEVELOP TOGETHER WITH OUR SOCIETY AND COUNTRY.

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.

BORUSAN KOCABIYIK
FOUNDATION

EDUCATION

BORUSAN SANAT
BORUSAN
CONTEMPORARY

GENDER EQUALITY
BORUSAN OCEAN
VOLUNTEERS PLATFORM