List of companies of Turkey

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Location of Turkey Turkey (orthographic projection).svg
Location of Turkey

Turkey, officially the Republic of Turkey is a transcontinental presidential republic in Eurasia, mainly on the Anatolian peninsula in Western Asia, with a smaller portion on the Balkan peninsula in Southeast Europe. Turkey is a democratic, secular, unitary, constitutional republic with a diverse cultural heritage. [1] [2] As of July 2024, there are 2.439,859 registered companies based in the country. [3]

Contents

The country has an emerging market economy as defined by the IMF. [4] Turkey is among the world's developed countries according to the CIA World Factbook. [5] Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey has the world's 17th largest nominal GDP, and 11th largest GDP by PPP. The country is among the world's leading producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances.[ citation needed ]

For further information on the types of business entities in this country and their abbreviations, see "Business entities in Turkey".

Largest firms

The list shows firms ranked in the Forbes Global 2000 by total revenues reported as of 2024. [6]

RankImageName2024 Revenues (USD)EmployeesNotes
309 DivanHotel.JPG Koç Holding $67,4B123,970Diverse industrial conglomerate controlled by third-generation members of the Koç family. Subsidiaries include Arçelik, Divan Group, Tofaş and Yapı Kredi.
525 Is Bank Tower.jpg İşbank $17,6B21,167Established by Mustafa Kemal Atatürk in 1924 to be the first national bank of Turkey, it is the largest and operates in 11 countries. 28% of its shares are still held by the Republican People's Party.
676 TurkishAirlinesHQIstanbul.jpg Turkish Airlines $21,2B40,264State-owned airline capitalized in 1956 and is the world's largest airline by amount of countries served, and 9th largest by revenue. Subsidiaries include A Jet, SunExpress and Air Albania.
666 Akbank $14,7B12,860Subsidiary of Sabancı Holding.
759 Vakifbank genel mudurlugu.jpg Vakıfbank $16,3B18,579Owned by Turkey Wealth Fund, Vakıfbank is a state enterprise and is the second-largest bank in Turkey in terms of total assets held. It also operates in the United States, Qatar, Iraq, Qatar, and Austria.
878 Sabanci Center from Istanbul Sapphire.jpg Sabancı Holding $23,1B62,853Subsidiaries include Akbank, TEMSA and Enerjisa
893 Ford Otosan $17,3B23,701Global vehicle manufacturer equally owned by Koç Holding and Ford Motor Company. It acquired Ford Romania in 2022.
957 Halkbank $15,8B18,967
1446 BİM $13,8B86,647 Retail discount market group that operates in Turkey, Morocco and Egypt.

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

  Active firms
  State-owned firms
  Defunct firms

NameIndustrySectorHeadquartersFoundedNotes
Akbank FinancialsBanks Istanbul 1948Banking, part of Sabancı Holding
Aksa Basic materialsChemicals Yalova 1968Chemicals
Alarko Holding IndustrialsConstruction & materials Istanbul 1954Construction and mechanical industries
Anadolu Isuzu Consumer goodsAutomobiles & parts Istanbul 1984Automotive, part of Isuzu (Japan)
Arçelik Consumer goodsPersonal & household goods Istanbul 1955Home appliances, part of Koç Holding
Arkem Basic materialsChemicals Istanbul 1991Chemicals
Assan Consumer goodsAutomobiles & parts Istanbul 1994Automotive, owned by Hyundai Motor Company
Aselsan IndustrialsAerospace & defense Ankara 1975Defense electronic systems
Askam IndustrialsIndustrial engineering Istanbul 1964Commercial trucks, defunct 2015
Avea TelecommunicationsMobile telecommunications Istanbul 2004Mobile phone operation, part of Türk Telekom
Aygaz Oil & gasOil & gas producers Istanbul 1961Propane gas, part of Koç Holding
Banvit Consumer goodsFood & beverage Bandırma 1968Poultry
Basak Traktor IndustrialsIndustrial engineering Adapazarı 1914Tractors
Baykar IndustrialsDefence Istanbul 1984UAV
Beko Consumer goodsPersonal & household goods Istanbul 1967Home electronics, part of Koç Holding
BİM Consumer goodsRetail Istanbul 1995Grocery
BMC Consumer goodsAutomobiles & parts İzmir 1964Automotive
Borusan Holding Conglomerate- Istanbul 1944Conglomerate: Steel, energy, logistics
BOTAŞ Oil & gasOil & gas producers Ankara 1974State-owned oil/energy
Çalık Enerji Oil & gasOil & gas producers Istanbul 1998Energy
Canovate Consumer goodsPersonal & household goods Istanbul 1965Electrical equipment
Cengiz Holding Conglomerate- Istanbul [7] 1980
Çiçeksepeti Consumer goodsRetail Istanbul 2006online retailer: food, flowers
Ciner Holding Conglomerate- Istanbul 1978Energy, media, commerce
Çukurova Holding Conglomerate- Istanbul 1923Construction, media, telecommunications
DenizBank FinancialsBanks Istanbul 1938Private bank, part of Sberbank (Russia)
Dilek Ecza Deposu Health carePharmaceuticals & biotechnology Antalya 1991Pharmaceutical distribution
Doğan Holding Conglomerate- Istanbul 1980Energy, media
Doğtaş Consumer goodsPersonal & household goods Biga 1972Furniture
Doğuş Group Conglomerate- Istanbul 1951Highly diversified conglomerate
Eczacıbaşı Health carePharmaceuticals & biotechnology Istanbul 1942Pharmaceuticals
Efes Beverage Group Consumer goodsFood & beverage Istanbul 1969Brewery
Elektrik Üretim UtilitiesElectricity Ankara 2001Energy
Enerco Energy Oil & gasOil & gas producers Istanbul 2004Natural gas
Enka İnşaat ve Sanayi A.Ş. IndustrialsConstruction & materials Istanbul 1957Construction
Erdem Architects IndustrialsSupport services Ankara 1998Architects
Erdemir Basic materialsBasic resources Karadeniz Ereğli 1967Iron and steel
Erkunt Group IndustrialsIndustrial engineering Ankara 1953Tractors
Estap Consumer goodsPersonal & household goods Istanbul 1989Electronics
Eti Maden IndustrialsMining Ankara 1993Mining
EUROTAI IndustrialsAerospace & defense Ankara 1997Helicopters, joint with Airbus Helicopters and TAI
Eurotem IndustrialsIndustrial Transportation Istanbul 2006Trains, joint with Hyundai Rotem (South Korea)
EÜAŞ UtilitiesElectricity Ankara 2001Electric power
Fibabanka FinancialsBanks Istanbul 2010Private bank
Finansbank FinancialsBanks Istanbul 1987Banking, part of the QNB Group (Qatar)
GAMA Endustri IndustrialsConstruction & materials Ankara [8] 1970Construction
Garanti Bank FinancialsBanks Istanbul 1946Private bank
Goldas Consumer goodsPersonal & household goods Istanbul 1993Jewelry
Gülermak IndustrialsRail transportation Ankara 1958Construction
Halk Bankasi FinancialsBanks Ankara 1938State-owned Banking
HAVELSAN SoftwareDefence Ankara 1982Government owned company
Hidromek IndustrialsHeavy Equipment Ankara 1978Construction
Hunca Cosmetics Consumer goodsPersonal & household goods Istanbul 1957Cosmetics
Inebolu Shipyard IndustrialsIndustrial Transportation İnebolu 2008Shipbuilding
Isdemir Basic materialsBasic resources İskenderun 1970Steel
Istanbul Consumer goodsPersonal & household goods Istanbul 1980Musical instruments
Istanbul Metro Consumer servicesTransportation Istanbul 1989Metro
Kalyon Group IndustrialsConstruction & materials Istanbul 1974Construction
Kardemir Karabük Demir Çelik Fabrikalari A.S.Basic materialsBasic resources Karabük 1937Iron and steel
Karsan Consumer goodsAutomobiles & parts Bursa 1966Automotive
Kayi Construction IndustrialsConstruction & materials Istanbul 1991Construction
Kimetsan Basic materialsChemicals Ankara 1986Chemicals
Koç Holding Conglomerate- Istanbul 1926Energy, consumer goods, industrials, financials
Koton Consumer goodsPersonal & household goods Istanbul 1988Clothing
Limak Holding IndustrialsConstruction & materials Istanbul 1976Construction
Mako Elektrik Consumer goodsAutomobiles & parts Bursa 1970Automotive
Mavi Jeans Consumer goodsPersonal & household goods Istanbul 1991Clothing
Mechanical and Chemical Industry Corporation IndustrialsAerospace & defense Ankara 1950Military
Migros Türk Consumer servicesRetail Istanbul 1975Supermarket, part of Koç Holding
Nurol Holding IndustrialsConstruction & materials Ankara 1989Construction
Omsan IndustrialsSupport services Istanbul 1978Logistics
OPET Oil & gasOil & gas producers Mersin 1982Oil and gas, part of Koç Holding
Otokar Consumer goodsAutomobiles & parts Sakarya 1963Automotive, part of Koç Holding
Otosan Consumer goodsAutomobiles & parts Gölcük 1959Automotive, part of Koç Holding
Oyak-Renault Consumer goodsAutomobiles & parts Bursa 1969Automotive
Ozaltin Consumer goodsAutomobiles & parts Adana 2000Automotive
Pancar Motor IndustrialsIndustrial engineering Konya 1956Diesel engines
Petkim Oil & gasOil & gas producers İzmir 1965Petrochemical
Petrol Ofisi Oil & gasOil & gas producers Istanbul 1941Oil and gas
Polimeks IndustrialsConstruction & materials Istanbul 1995Construction
Poliya Basic materialsChemicals Istanbul 1983Composites and chemicals
PTT IndustrialsPostal service Ankara 1840State-owned
Roketsan IndustrialsDefence Ankara 1988Missile manufacturer
Sabancı Holding Conglomerate- Istanbul 1926Financials, energy, retail
Sahinler Holding IndustrialsGeneral industrials Istanbul 1984Textile
Salcano Consumer goodsPersonal & household goods Istanbul 1975Bicycle
Şekerbank FinancialsBanks Eskişehir 1953Banking
Şişecam IndustrialsConstruction & materials Istanbul 1935Glass manufacturing
Solimpeks Oil & gasAlternative energy Konya 2001Renewable energy
STFA Group IndustrialsConstruction & materials Istanbul 1938Civil engineering and construction
Tabanlioglu Architects IndustrialsSupport services Istanbul 1956Architects
TAV Airports Holding IndustrialsIndustrial Transportation Istanbul 1997Airport
TCDD IndustrialsRailroads Ankara 1929State-owned
TCDD Taşımacılık IndustrialsTransportation services Ankara 2016State-owned
Tekel Consumer goodsFood & beverage Istanbul 1862Tobacco and alcoholic beverages
Tekfen IndustrialsConstruction & materials Istanbul 1956Construction
Temsa Consumer goodsAutomobiles & parts Adana 1968Automotive, part of Sabancı Holding
Tersan Shipyard IndustrialsIndustrial Transportation Yalova 1990Shipbuilding
Tofas Consumer goodsAutomobiles & parts Istanbul 1968Automotive, part of Koç Holding
TÜLOMSAŞ IndustrialsIndustrial Transportation Eskişehir 1894Locomotive manufacture
Tüpraş Oil & gasOil & gas producers Kocaeli 1983Oil refining, part of Koç Holding
Türk Telekom TelecommunicationsFixed line telecommunications Ankara 1839State-owned Telecommunication
Turkcell TelecommunicationsMobile telecommunications Istanbul 1994State-owned Mobile phone operation
Turkish Aerospace Industries (TAI)IndustrialsAerospace & defense Ankara 2005State-owned Aircraft manufacture
Turkish Airlines Consumer servicesTravel & leisure Istanbul 1933Airline
Türkiye Is Bankasi FinancialsBanks Istanbul 1924Banking
Türkiye Petrolleri Anonim Ortaklığı (TPAO)Oil & gasOil & gas producers Ankara 1954State-owned Oil and gas industry
TÜVASAŞ IndustrialsIndustrial Transportation Adapazarı 1951Railcar manufacturer
Ugur Cooling IndustrialsGeneral industrials Aydın 1954Cooling equipment
Ugur Group Companies Conglomerate- Aydın 1954Consumer goods, medical
Ülker Consumer goodsFood & beverage Istanbul 1944Food production
VakıfBank FinancialsBanks Istanbul 1954State-owned Banking
Vakko Consumer goodsPersonal & household goods Istanbul 1934Clothing
Vestel Consumer goodsPersonal & household goods Manisa 1984Home electronics
Vitra Health careHealth care equipment & services Istanbul 1942Sanitary goods
Yapi Merkezi IndustrialsConstruction & materials Istanbul 1965Construction
Yapi ve Kredi Bankasi FinancialsBanks Istanbul 1944Banking
Yüksel Tohumculuk Consumer goodsFood & beverage Antalya 1996Seeds, plant breeding
Ziraat Bankasi FinancialsBanks Ankara 1863State-owned banking
Zorlu Holding Conglomerate- Istanbul 1990Textiles, electronics

See also

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References

  1. ↑ "Turkey". The World Factbook. Archived from the original on January 10, 2021. Retrieved 9 February 2013.
  2. ↑ "What really matters about Multiculturalism in Turkey by Rabee Al-Hafidh". todayszaman.com. Archived from the original on 19 February 2015. Retrieved 18 February 2015.
  3. ↑ "Industry Breakdown of Companies in Turkey". HitHorizons.
  4. ↑ "IMF Advanced Economies List. World Economic Outlook" (PDF). April 2011. p. 173.
  5. ↑ "The World Factbook". cia.gov. Archived from the original on June 13, 2007.
  6. ↑ SCHIFRIN", "ANDREA MURPHY"," MATT. "Forbes 2024 Global 2000 List - The World's Largest Companies Ranked". Forbes. Retrieved 2024-12-20.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. ↑ "Company Overview of Cengiz Holding A.S." Bloomberg. Retrieved 2019-04-01.
  8. ↑ "Company Overview of GAMA Endüstri Tesisleri Imalat Ve Montaj A.S." Bloomberg. Retrieved 2019-04-01.
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