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Erdemir

#2957

Rank

$4.29B

Marketcap

TR Turkey

Country

Erdemir
Leadership team

Mr. Salih Cem Oral (Gen. Mang.)

Ms. Aslihan Doger (Exec. Deputy Chairman)

Mr. Mustafa Serdar Basoglu (Group VP of Financial Management and Financial Affairs)

Products/ Services
Industrial Manufacturing, Mining, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Zonguldak, Bolu, Turkey
Established
1965
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
EREGL.IS
Social Media
Overview
Location
Summary
Eregli Demir ve Çelik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke, and by-products in Turkey and internationally. Its flat products include hot rolled flat steel products, cold-rolled flat steel products, and galvanized/galvanealed flat steel products; and tin/chrome coated flat steel products used in metal packaging industry. The company also provides various byproducts, including motor benzole, pure benzole, toluol, xylol, crude tar, ammonium sulphate, iron sulphate, and granulated high furnace slag. In addition, it offers port services, such as loading and unloading, maritime, third party, warehouse, liquid and solid waste collection, maritime police, and customs and customs enforcement services. Further, the company engages in renewable energy production, recycling, and trading activities, as well as provision of management and consultancy services. It primarily serves automotive, white goods, construction, pipes and tubes, rolling, general machinery and manufacturing, household appliance, heat and pressure vessel equipment, electrics-electronics, mechanical engineering, energy, shipbuilding, defense, and packaging industries. Eregli Demir ve Çelik Fabrikalari T.A.S. was incorporated in 1960 and is headquartered in Istanbul, Turkey.
History

Erdemir, which began production in 1965, has a production capacity of 8.5 million tons/year of crude steel . It is the largest iron and steel company in Turkey and was the only flat steel producer till January 2009. It produces plates, hot and cold rolled sheet and tinplate.Its main plant is located on an area of approximately 4 km2 at Karadeniz Eregli, Zonguldak on the shore of the Black Sea. Erdemir operates a large seaport, the Port of Erdemir, to import and export materials.Erdemir has Port of Erdemir also acquired the steel plant at ?skenderun, Hatay Province in southern Turkey.Turkish Armed Forces Pension Fund acquired a 49.29% stake in Erdemir on 4 October 2005 for $2.77 billion in a televised auction. The fund acquired 46.12% from the Turkish Privatization Administration and it was also obliged to purchase an additional 3.17% stake from a Turkish bank. OYAK beat out five other bidders for Erdemir. This included Mittal Steel, Arcelor, Novolipetsk Steel and Severstal, which bid in consortium with the Nurol-Limak-Ozaltin-Alkol Pazarlama joint venture group. The Eregli joint venture group also participated in the auction.See history of Erdemir Group since 1954.

Mission
To be the preferred steel producer in the region, by providing value-added products and services to exceed customer's expectations.
Vision
Our vision is to be a leader in world class steel production, maintaining our core values.
Key Team

Idil Onay Ergin (Mang. of Investor Relations Department)

Mr. Fatih Citak (Group VP of Marketing & Sales)

Mr. Ercan Kaya (Group VP of Corp. Architecture & HR)

Mr. Naci Özgür Özel (Chief Strategy Officer)

Mr. Can Örüng (Chief Information Technology Officer and Chief Enterprise Architect & HR Officer)

Mr. Gurtan Damar (Exec. Director)

Mr. Cemal Erdogan Günay (Pres of ERDEMIR Romania)

Recognition and Awards
In recent years, Erdemir has been awarded a number of awards including; “The Silver Level Quality Management System Certificate” from Lloyds Register Quality Assurance, “The European Steel Industry Award” from the Eurofer Steel Awards for Quality and Environment, “The Excellence Award for Contribution to the Energy Transformation of Turkey” from the National Energy Foundation, and the “Silver Quality Award” from the Turkish Steel Manufacturers Association.
References

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Erdemir
Leadership team

Mr. Salih Cem Oral (Gen. Mang.)

Ms. Aslihan Doger (Exec. Deputy Chairman)

Mr. Mustafa Serdar Basoglu (Group VP of Financial Management and Financial Affairs)

Products/ Services
Industrial Manufacturing, Mining, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Zonguldak, Bolu, Turkey
Established
1965
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
EREGL.IS
Social Media