Türkiye’s largest industrial establishment was announced

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Lerato Khumalo

According to ISO’s 500 largest industrial enterprises in Türkiye, TÜPRAŞ was the largest industrial organization with 651.6 billion pounds in production sales.

According to the 2023 Studies of Turkey, Türkiye’s 500 largest industrial enterprises prepared by Istanbul Chamber of Industry (ISO), Turkey Petroleum Rafineri AŞ (TÜPRAŞ) maintained the title of being the largest industrial organization with 484.2 billion pounds in production sales.

ISO Chairman Erdal Bahçıvan, at a press conference, the results of the research of Türkiye’s 500 largest industrial enterprises announced.

According to the study, Tüpraş production from production 484.2 billion pounds in the list of the first place, while the third place in 2022 Ford Otomotiv rose to the second place with 238 billion pounds. Star Refinery, which was in the second place last year, came 3rd with sales of 226.8 billion pounds.

Istanbul Golden Refinery (IAR) ranked 4th with sales of 142.5 billion pounds, while Toyota Otomotiv, which was ranked 7th last year, rose to the 5th place with 127.4 billion pounds. Oyak-Renault rises three steps to the 6th place with 107.2 billion pounds.

Arçelik was 7th with 99.9 billion pounds, while Mercedes-Benz Türk AŞ rose from the 15th to the 8th place with 94.2 billion pounds.

Gramaltın precious mines Rafineri San. TİC. AŞ 89.9 billion pounds with 9th place.

Eregli iron and steel factories, which declined 5 steps according to last year’s list, took 10th place in the list with 79.5 billion this year.

Prepared by the Istanbul Chamber of Industry ‘Türkiye’s 500 largest industrial enterprises 2023’ list in the list of two companies took place in the top 100. 48th. and Tic. A.Ş. 400 million 433 thousand dollars with net exports of the national economy has provided added value.

According to the study, sales from production in ISO 500 increased by 42.1 percent in 2023 to 4 trillion 485 billion pounds 6 trillion 375 billion pounds.

Bahçıvan also said, “Growth in production from production is 119 percent while the previous year, while we look at the reasons for declining to 42.1 percent in 2023, the global demand slowed down on February 6, the earthquake disasters we experienced behind Ardi after the elections and the change in economic policies play a decisive role,” he said.

Sectors with the highest share have been announced

In the sectoral distribution of ISO 500, the sector, which has the highest share compared to sales in 2023 compared to sales, is 22.5 percent “Main Metals and Machinery Manufacturing Industry”, while the share of this sector seems to have decreased by 0.9 points compared to last year.

The share of “Chemical Products, Plastic and Rubber Products” sector, which ranks second with 19.7 percent, was 3.6 points below last year.
In the third place, the share of “land, sea vehicles and sub -industry”, which increased its share to 17.7 percent by increasing its share to 17.7 percent compared to last year.