About Borusan holding
Borusan Holding: A Leading Conglomerate in Turkey
Borusan Holding is a prominent conglomerate based in Turkey that has been operating for over 70 years. The company has a diverse portfolio of businesses, including steel production, energy, automotive distribution, logistics, and real estate development. With its strong commitment to innovation and sustainability, Borusan Holding has become one of the most respected and successful companies in the region.
History
The history of Borusan Holding dates back to 1944 when Asım Kocabıyık founded a small trading company called Borusan. Over the years, the company expanded its operations into various industries such as construction materials and automotive spare parts. In 1958, Borusan established its first steel factory in Istanbul and became one of the leading producers of flat steel products in Turkey.
In the following decades, Borusan continued to grow through strategic acquisitions and partnerships with international companies such as Caterpillar Inc., BMW Group, and EnBW Energie Baden-Württemberg AG. Today, Borusan Holding employs more than 7,000 people across its various subsidiaries and generates an annual revenue of over $5 billion.
Businesses
Borusan Holding operates through several subsidiaries that are leaders in their respective industries:
1) Borçelik: A joint venture between Borusan Holding and ArcelorMittal that produces high-quality flat steel products for various sectors such as automotive manufacturing, construction materials, white goods industry.
2) EnBW Enerji: A partnership between Borusan EnBW Enerji (a subsidiary of Borusan Holding) and EnBW Energie Baden-Württemberg AG that provides renewable energy solutions such as wind power plants.
3) BMW Türk: An exclusive distributor of BMW Group vehicles in Turkey since 1993.
4) Mescioğlu Lojistik: A logistics company that offers transportation services for various industries such as automotive manufacturing,
5) İstanbul Marina: One of the largest marinas on the Bosphorus Strait with a capacity for over 600 boats.
Sustainability
As a responsible corporate citizen committed to sustainable development practices,
Borusan holding is dedicated to reducing its environmental impact while creating value for all stakeholders. The company's sustainability strategy focuses on three main areas:
1) Energy efficiency: By investing in renewable energy sources like wind power plants,
2) Resource conservation: By implementing waste reduction programs across all business units,
3) Social responsibility: By supporting local communities through education initiatives,
Conclusion
In conclusion,Borusan holding is one of Turkey's most successful conglomerates with diversified businesses ranging from steel production to real estate development.Their commitment towards innovation,sustainability,and social responsibility makes them stand out among other competitors.Being an exclusive distributor for BMW group vehicles shows their dedication towards quality service delivery.I recommend this company if you want quality service delivery from any sector they operate within.Turkey should be proud having this kind giant operating within her shores!