Yukarı
KOÇ HOLDİNG ANNUAL REPORT 2013
  • Koç Holding: Turkey’s leading
    investment holding company

    Koç Holding is Turkey’s leading investment holding company and the Koç Group is Turkey’s largest industrial and services group in terms of revenues, exports, taxes, share in Borsa İstanbul’s market capitalization and employment generation.
  • Leader and global player
    Koç Group focuses on sustainable and profitable growth with consistent leadership positions in Turkey as well as in the region with the intention of being an important player worldwide.
  • Creating value for its stakeholders for 88 years
    Becoming ever stronger over the past 88 years despite economic volatility in Turkey, Koç Holding’s central objective is to create value for its stakeholders.
“The customer is the focus of everything we do.

To be “the best” is our ultimate goal.

Our most important asset is our people.

Creation of wealth for continuous development is our key objective.

Honesty, integrity and superior business ethics are the foundations of our behavior.”

Vehbi Koç
Founder
Click here
to read
Honorary Chairman’s
Message.
“Koç Holding utilizes its years of experience and its organizational tradition to meticulously analyze the present. It evaluates current data in light of historical experiences and it strives to make the best decisions by drawing on lessons from the past.”
Rahmi M. Koç
Honorary Chairman
Click here
to read
Chairman’s Statement.
“Our goal is to carry Koç Group ever forward by capitalizing on it's existing strengths, accurately reading the spirit of the time and turning change into opportunity.”
Mustafa V. Koç
Chairman
Click here
to read
CEO’s Letter.
“Our strong growth has reinforced our leadership at home and abroad.

Maintaining our pioneering role with investments in technology and innovation is one of Koç Group's most important priorities.”
Osman Turgay Durak
CEO

Our Strategy

Be active in those sectors where we can create differentiation and have acompetitive advantage
Minimize sector and geographic risks through a diversified portfolio structure
Make the most out of our brand strengths and technological competence
Derive maximum benefits from economies of scale by being the market leader or a close second in every business we operate

Main Competitive Advantages

We lead in sectors with high growth potential
We control the largest distribution network and the most extensive customer database in Turkey
Our powerful brands command strong recognition
We provide the highest quality service before, during and after sales
We stand as a symbol of trust and achievement
We have leading positions in global markets and strong international partnerships
Click here to download Energy section.
  • We have grown consistently through investments in the energy sector since we entered the sector in the 1920s by taking the right steps at the right time. We have expanded our portfolio by acquiring opet, Turkey’s fastest growing fuel distribution company, in 2002 and Tüpraş, Turkey’s sole refinery company, in 2006. With Aygaz, our lpg company, and entek, our power generation company, we have become an energy giant.

    We plan to maintain investments to create maximum value for Turkey and our shareholders for the foreseeable future. We will also focus maximizing operational performance. Tüpraş aims to be in the top quartile among refineries worldwide, in terms of technical availability, energy intensity, and operating costs efficiency indices.

  • TÜPRAŞ

    Total Revenues

    (TL million)
    41,078

    Domestic Market Position

    Turkey’s sole oil refining company
    60% market share in petroleum products market, including gasoline, diesel fuel and jet fuel

    International Market Position

    Europe’s 7th and the world’s 28th largest refining capacity

    Share of International Revenues

    19%

    Profit Before Tax

    TL 13 million

    Net Income

    TL 1,197 million

    Shareholder Structure

    Enerji Yatırımları A.Ş. 51.00%
    Free Float 49.00%

    www.tupras.com.tr

    With its added value and the revenues from its 28.1 million-ton annual crude oil processing capacity, Tüpraş is Turkey’s largest industrial company.

    Click here for details.

  • OPET

    Total Revenues

    (TL million)
    17,846

    Domestic Market Position

    2nd in white products with a 19.1% market share

    2nd in black products with a 13.4% market share

    Share of International Revenues

    19%

    Profit Before Tax

    TL 314 million

    Net Income

    TL 258 million

    Shareholder Structure

    Tüpraş 40.00%
    Other Koç 10.00%
    Öztürk Group 50.00%

    www.opet.com.tr

    Customer satisfaction leader for 8 consecutive years in Turkey’s petroleum distribution sector.

    Opet’s sales volume grew by 10% in 2013 despite limited growth in domestic white products market.

    Click here for details.

  • AYGAZ

    Total Revenues

    (TL million)
    6,005

    Domestic Market Position

    Leader in the LPG market since its founding in 1961
    Leader with 42.6% market share in cylinder LPG,
    24.3% market share in autogas,
    28.7% market share in total LPG markets

    International Market Position

    Europe’s 5th largest LPG distribution company

    Share of International Revenues

    19%

    Profit Before Tax

    TL 237 million

    Net Income

    TL 205 million

    Shareholder Structure

    Koç Holding 40.68%
    Other Koç 10.53%
    LPG DC 24.52%
    Free Float 24.27%

    www.aygaz.com.tr

    We have met our customers’ changing needs and expectations for 53 years and we have become a member of your family.

    Click here for details.

  • AES ENTEK

    AES Entek, a joint venture partnership with the AES Corporation, currently has a total installed capacity of 364 MW. This includes two natural gas combined cycle plants with a total capacity of 300-MW (of which one is located in Kocaeli and the other one in Bursa), one 2-MW gas motor-based cogeneration facility and three hydroelectric power plants with a total capacity of 62 MW (of which two are located in Karaman and one in Samsun).

    With the addition of 7,000 MW new generation capacity in 2013, Turkey’s total installed capacity grew to 64,050 MW, of which 31,500 MW is owned and operated by the private sector. In 2013, AES Entek’s consolidated revenues totaled TL 341.6 million.

    The three hydroelectric power plants of AES were added to the portfolio in 2013. The investment process for a green-field co-generation plant with a total installed capacity of circa 225-MW to be built next to the Tüpraş facilities in Kırıkkale is ongoing and the natural gas interconnection approval from Botaş is currently being awaited. 625 MW imported coal fired power plant project in Adana, a %50-50 partnership with Oyak, also continues.

    Placing a premium on alternative resources, AES Entek aims to raise its market share through new investments and acquisitions.

    Click here for details.

  • DEMİR EXPORT

    Demir Export is one of the largest and most well established mining companies in Turkey. The Company mines and sells coal, iron ore copper and chromite concentrates from 13 mining operations in various parts of Turkey.

    In 2013, Demir Export continued development of underground coal mine at Manisa-Soma coal basin which started in 2012, and placed orders for fully mechanized mining equipment for coal extraction. In addition, the Company began investments in the Sivas-Bakırtepe gold and Kütahya-Kalkan iron ore extraction projects to make them operational within 2014. Legal proceedings regarding the Environmental Impact Assessment report for the Bakırtepe Gold Project continue. Development work is expected to kick off in 2014.

    In addition, the Company won the rights through a tender held by Anadolu Birlik Holding A.Ş. to mine eight million tons of coal in Sivas-Kangal over a 15-month period. With its experience over 20 years in the field, Demir Export continues its production activities ahead of production schedule which was made in the tender process.

    Demir Export performed over 27,000 meters of core drilling in various locations of Turkey in 2013 to explore exploration activities for gold, copper, silver, zinc and coal.

    In 2013, Demir Export acquired Ferrocom Madencilik (Taşlıtepe Mine), which is near the annual 350,000 ton-capacity Purunsur site in Sivas. With the investment in the Tașlıtepe Mine scheduled for 2014, the two operations will reach to reach a total annual production capacity of 750,000 tons.

    Demir Export drilled over 27,000 meters in 2013 covering various locations in Turkey. Exploration targets include precious and base metals as well as ferrous metals.

    Click here for details.

Click here to download Automotive section.
  • Reading the cards right when it came to Turkey’s need to industrialize, we began investing in the automotive sector in the 1950s. Through the investments we have made over the years, we have become Turkey’s leading automotive company, responsible for nearly 50% of the sector’s production and exports. Not only have we transformed the turkish automotive sector into a global player, we have turned it into an export champion.

    With a clear understanding of what the consumer wants and needs, we intend to expand our product portfolio in the near future by investing in new technologies. We plan to diversify our export markets and, by placing a premium on R&D and innovation, both vital in today’s world, we will remain a global engineering and production hub for our business partners.

  • FORD OTOSAN

    Total Revenues

    (TL million)
    11,405

    Domestic Market Position

    Automotive market leader with a 12.8% share
    Light commercial vehicle market leader with a 26.4% share
    2nd in the heavy truck segment with a 21.3% share
    3rd in the passenger car market with an 8.8% share

    International Position

    Highest Ford commercial market share in Europe at 26.4%; 2nd largest Ford market share in Europe
    Exports to 79 countries
    Constitutes 8% of Turkey’s total exports to the US

    Share of International Revenues

    64%

    Profit Before Tax

    TL 452 million

    Net Income

    TL 641 million

    Shareholder Structure

    Koç Holding 38.46%
    Other Koç 2.58%
    Ford Motor Co. 41.04%
    Free Float 17.93%

    www.fordotosan.com.tr

    The best-selling automotive brand in Turkey for 12 consecutive years

    Click here for details.

  • TOFAŞ

    Total Revenues

    (TL million)
    7,038

    Leadership

    Best-selling passenger car with a 5.6% market share: Fiat Linea

    Best-selling light commercial vehicle with an 11.5% market share: Fiat Doblo

    Longstanding leader in sales from domestic manufacturing

    Share of International Revenues

    60%

    Profit Before Tax

    TL 477 million

    Net Income

    TL 434 million

    Shareholder Structure

    Koç Holding 37.59%
    Other Koç 0.27%
    Fiat 37.86%
    Free Float 24.29%

    www.tofas.com.tr

    We plan for the next 20 years, to carry the Turkish automotive sector forward.

    Understanding customer expectations, we focus on R&D and innovation in our new investments.

    Click here for details.

  • TÜRKTRAKTÖR

    Total Revenues

    (TL million)
    2,175

    Leadership

    Leader with a 49% market share

    International Position

    Production center in the world for the New Holland TDD and Case IH JX series tractors.

    Sole engineering and production center for the 66 Series transmissions.

    Share of International Revenues

    30%

    Profit Before Tax

    TL 320 million

    Net Income

    TL 280 million

    Shareholder Structure

    Koç Holding 37.50%
    CNH Industrial Osterreich GmbH 37.50%
    Free Float 24.93%
    Other 0.07%

    www.turktraktor.com.tr

    We are Turkey’s first R&D center in our sector.

    Technology has been driving agriculture since 1954.

    Click here for details.

  • OTOKAR

    Total Revenues

    (TL million)
    1,402

    Leadership

    Leader in the 25+ passenger bus market
    Largest supplier of land vehicles to the Turkish Armed Forces
    Largest private sector defense company in Turkey

    Share of International Revenues

    15%

    Profit Before Tax

    TL 108 million

    Net Income

    TL 97 million

    Shareholder Structure

    Koç Holding 44.68%
    Other Koç 3.29%
    Ünver Holding 24.81%
    Free Float 27.22%

    www.otokar.com.tr

    A pioneering company for 50 years in Turkey.

    The most preferred brand of buses in Turkey for 4 consecutive years.

    Otokar aims to maintain its leadership in the bus market and to increase its market share in the light truck segment.

    Click here for details.

  • OTOKOÇ OTOMOTİV

    Otokoç Otomotiv operates under the Otokoç, Birmot, Avis, Budget and Otokoç Sigorta (Insurance) brands at 148 locations. The Company provides sales and after-sales services for Ford, Ford Trucks and Volvo under the Otokoç brand and for Fiat, Alfa Romeo, Lancia and Jeep under the Birmot brand. It also runs short-term rental and operational leasing services under the Avis and Budget brands.

    Otokoç Otomotiv accounted for 33% of Ford retail sales in 2013, 30% of Fiat, 44% of Alfa Romeo, Lancia and Jeep, and 45% of Volvo. The Company’s sales exceeded 70,000 vehicles, about 8% of the total market. In short-term car rentals, Avis grew by 26% reaching 4,050 vehicles, thus reinforcing its market lead, and Budget rentals grew by 47% reaching 1,350 vehicles. Hence, the Company attained a 51% market share among international car-rental brands in the short-term car-rental market. In operational leasing, the Company’s revenues grew by 32% to a total of 18,950 vehicles.

    The Company launched its operations for the Volvo brand at the Otokoç Samsun facilities, thus increasing its number of Volvo sites to six. Birmot and Otokoç moved to new facilities in Ataşehir. Birmot began operations at its second facility in Bursa. The first 4S Ford Trucks Plaza investment was made at Otokoç Eskişehir İnönü.

    Otokoç Otomotiv’s revenue rose by 17% to TL 3.5 billion and its investments grew by 71% to TL 743 million.

    Otokoç Otomotiv intends to expand its network through investments, remodel existing facilities and grow in the truck segment through a new truck plant in Istanbul.

    Click here for details.

Click here to download Consumer Durables section.
  • We made pioneering investments in the consumer durables sector with the founding of arçelik in 1955. Since then, the company has developed the domestic sector’s largest distribution network and, with a market share of over 50%, it became the country’s leading consumer durables company. Our BEKO brand has become the global face of turkish consumer durables, elevating Turkey in world markets. A rising global player with 14 factories in five countries, BEKO offers products and services in over 100 countries.

    In line with our goal of maintaining sustainable, profitable growth and through our brand and customer-focused strategy, we will increase our share in markets where we do business and consolidate our presence in developing markets. Our investments in R&D and innovation will enable us to stay in tune with customer preferences and offer them products and services with high added value.

  • ARÇELİK

    Total Revenues

    (TL million)
    11,098

    Domestic Market Position

    Leads Turkey’s white goods, built-in appliances, and air conditioner markets with a market share exceeding 50% and the TV market with a share at 30% level

    International Position

    3rd largest company in Europe in the sector

    Clear market leader in Romania and South Africa with its Arctic and Defy brands, respectively

    Arçelik’s international white goods brand Beko was

    • 3rd largest in European white goods market and
    • 2nd in the freestanding white goods market
    • ­2nd in Western Europe white goods market
    • Best-selling refrigerator brand in Western Europe
    • White goods market leader in the UK and Lithuania
    • ­Among the top three white goods market brands in France and Poland

    Share of International Revenues

    58%

    Profit Before Tax

    TL 745 million

    Net Income

    TL 598 million

    Shareholder Structure

    Koç Holding 40.51%
    Other Koç 16.69%
    Burla Group 17.61%
    Free Float 25.19%

    www.arcelikas.com.tr

    The only Turkish company on the World Intellectual Property Organization (WIPO)’s “list of the top 200 companies applying for patents over the past five years”.

    Despite contracting markets in the Middle East, Arçelik A.Ş, with its BEKO brand, retained leadership on a product group basis in Jordan, Israel and Iraq.

    Click here for details.

  • ARÇELİK - LG

    Total Revenues

    (TL million)
    708

    Domestic Market Position

    Leader in air-conditioning with more than 50% market share

    International Position

    Largest air-conditioner manufacturer in the Middle East and Europe

    Share of International Revenues

    33%

    Arçelik-LG is the largest air- conditioner manufacturer in the Middle East and Europe.

    Click here for details.

Click here to download Finance section.
  • Our presence in the banking system took off with Koç-American Bank in the 1980s. After acquiring Yapı Kredi Bank in 2005, we became one of the most Important financial institutions in Turkey. We attribute This success to our ability to read the signs of change In the Turkish economy and in the financial sector.

    We plan to remain a leading player in the sector, providing the best products and services to the customer by combining our smart growth strategy with customer-focused banking, strong and diversified funding, sustainable performance and our continually modernized service network.

  • YAPI KREDİ

    Market Shares

    • 4th among private banks in terms of asset size
    • 5th in credit volume with 9.5% market share
    • 6th in total deposits with a 9.1% market share
    • Leader in credit cards’ outstanding volume with 20.6% market share
    • Leader in financial leasing with 14.8%, and in factoring with 16.9% market shares
    • 2nd in mutual funds with 18.2% market share and 3rd in equity transaction volume with 6.9% market share
    • 5th in number of branches with 8.6% market share
    • Pioneer in mobile banking with 10.9% market share

    Total Assets

    TL 160 billion

    Return on Average Tangible Equity

    16.7% (25.7% including Yapı Kredi Sigorta sale)

    Shareholder Structure

    Koç Financial Services 81.80%
    Free Float 18.20%

    www.yapikredi.com.tr

    Yapı Kredi consolidated its customer base, effectively managed its liquidity and reinforced its capital structure in 2013.

    Yapı Kredi expanded its network throughout the year to give its customers the fastest and most easily accessible service and it improved its alternative distribution channels through innovation.

    Click here for details.

  • YAPI KREDİ’S SUBSIDIARIES

    Yapı Kredi has many financial subsidiaries, each a leader in its own right in its own sector, which support the Bank’s performance. Yapı Kredi Leasing, the leader in financial leasing transaction volume for the last five years, held a 14.8% market share. Yapı Kredi Faktoring, having led in factoring receivables for 13 years, had a market share of 16.9% in 2013. Yapı Kredi Portföy Yönetimi (Asset Management) ranked 2nd in investment funds with a 18.2% market share. Yapı Kredi Yatırım Menkul Değerler was the 3rd largest securities house in Turkey with a 6.9% market share in equity transaction volume.

    Click here for details.

  • KOÇFİNANS

    KoçFinans is Turkey’s first consumer finance company. It provides loans for the purchase of all kinds of goods and services. It operates mainly in the automotive sector, but also in the service sector and the housing loan market and it provides insurance brokerage services. In 2013, KoçFinans extended loans totaling TL 1,427 million and its loan portfolio grew to TL 1,731 million.

    KoçFinans’s legal infrastructure was laid through Financial Leasing, Factoring and Financing Companies Law No. 6361 passed on 13 December 2012.

    The Company’s credit rating efforts resulted in a 2013 rating of (National) short-term (TR) A1 and long-term (TR) A.

    Basing its strategies on the theme “Build the Future,” KoçFinans is progressively expanding its range of products and business areas. It aims to diversify its lending areas and to improve its service quality in all areas in need of financing.

    Click here for details.

Click here to download Other Lines of Business section.
  • We have placed great emphasis to create added value in all areas of life for our society by recognizing the importance of the service sector and placing a premium on it. With the right timing, we introduced Turkey to the home improvement movement and we are now the undisputed leader in the home improvement retail market. With the shift of intellectual and emotional needs to the tourism and travel sectors, we have continually increased the number of locations and the content of our tourism, duty free, hotel management and marina services. In nearly 50 years of experience in food products, we have continuously enlarged our portfolio in line with changing living standards and consumer preferences. We have designed information technologies and foreign trade solutions to meet the needs of Turkey and the times.

    We will continue offering high added value, innovative, top quality products at reasonable prices in our business areas, taking account of customer demands and needs.

  • TAT GIDA

    Total Revenues

    (TL million)
    793

    Domestic Market Position

    Leader in ketchup with 31.8% revenue share, in tomato paste with 30.6% revenue share, in tomato products with 64.8% revenue share, in pasteurized milk with 37.8% revenue share, and in premium pasta with 51.5% revenue share

    Share of International Revenues

    6%

    Profit Before Tax

    TL 27 million

    Net Income

    TL 2 million (TL 22 million excluding the effect of discontinued operations)

    Shareholder Structure

    Koç Holding 43.65%
    Other Koç 9.68%
    Kagome Co. Ltd. 3.73%
    Sumitomo Corp. 1.53%
    Free Float 41.41%

    www.tatgida.com.tr

    Tat Gıda is expanding its product portfolio with healthy, youthful and practical products.

    SEK is expanding the pasteurized milk category in Turkey with its youthful and innovative products.

    Click here for details.

  • DÜZEY

    Founded in 1975, Düzey increased its sales revenues by 11% in 2013.

    Düzey has made improvements to the distribution system it launched in 2003 so it is arguably the most appropriate means to market and to distribute fast-moving consumer goods. Düzey distributes the Koç Group brands Tat, Maret and Sek, as well as General Electric light bulbs, Landlite energy-saving light bulbs, Ekin Bakliyat grain, Rest cleaning supplies, Prenses sugar, Şölen Tea and Sony batteries. The Company has established its own sales teams in large urban areas with high growth potential.

    In 2011, Düzey expanded its domestic distribution portfolio to include the Nutella and Kinder brands, owned by the Italian Ferraro Group, the fourth largest chocolate and confectionary conglomerate in the world with revenues of EUR 7 billion. Through this partnership the number of locations Düzey services has increased from 40,000 to 70,000. Commensurate with this growth has been Düzey’s development of its logistic and technological infrastructure.

    Düzey, will continue to grow in 2014 and beyond and to be pioneer in the sector through the support of its suppliers and employees.

    Click here for details.

  • SETUR

    As Turkey’s leading travel agency since 1973, Setur is the sole player, which provides service in all areas of the tourism sector.

    Setur is the Turkish representative for BCD Travel, which provides corporate ticketing services from over 1,300 offices in 96 countries. The Company is also the licensed Turkish representative for Abercrombie & Kent, the international brand leader in luxury travel, and it represents Orient Express, Uniglobal and Costa. In 2013, Setur’s revenues totaled TL 921 million. During the year, the Company renovated and increased the number of its sales locations. In addition to its five agencies and seven visa application centers, Setur provides services through 41 authorized agents and 248 online agents.

    Holiday Happiness with Setur

    SETUR: No barriers to vacation

    Click here for details.

  • SETUR MARINAS

    Setur Marinas provides world-class restaurant, market, shopping and technical maintenance services to yachters at its ten marinas in Kalamış and Fenerbahçe, Yalova, Ayvalık, Çeşme, Kuşadası, Marmaris, Finike, Kaş, and Antalya in Turkey and at Mytilene Marina on the Greek island of Lesbos. Other high-quality services it provides include accommodations on land and sea, travel lifts, hull cleaning, electricity and water, and car hire. The Company has 5,514 berths, of which 5,257 are in Turkey 257 abroad. It leads the Turkish marina sector with a 27% share and it had a 100% occupancy rate in 2013.

    Click here for details.

  • DİVAN

    The Divan Group operates 12 hotels, 20 patisseries, 41 bakeries, 12 restaurants, two stadium concessions and three catering units. The Group creates synergy by gathering hotel management, production, party and event planning, and cafe-restaurant management under one roof. It uses this synergy to implement growth strategies, especially in hotel management.

    To bolster Divan’s market presence in a domestic market with international hotel chains operating sub-brands, the Group has created sub-brands with “Divan” in their names, such as Divan Suites and Divan Express. Similarly, in the residence sector, there are plans to join special projects with the brands Divan Residence and Managed by Divan.

    DİVAN: Always reliable, always hospitable

    DİVAN: Timeless classics

    DİVAN: Tastes that pass down from generation to generation

    Click here for details.

  • KOÇTAŞ

    Koçtaş leads Turkey’s DIY (Do It Yourself) market, with 41 stores and a total sales area of 218,000 m2. In 2013, it opened five stores, raising the number of provinces in which it operates to 21. The same year, the Company had more than 10 million customers. The number of Koçtaş Fix stores, which it opened to gain greater proximity to its customers and to meet their simpler, on the spot repair and maintenance needs, increased to four with its two store openings in Istanbul in 2013.

    While Koçtaş’s brand awareness among Turkish consumers was 100%, it achieved the highest customer loyalty in the sector, rising six points above the sector loyalty average on the customer satisfaction index.

    As well as enjoying 100% brand recognition, Koçtaş has the highest loyalty rating in the sector at six points above the sector average on customer satisfaction.

    Click here for details.

  • RMK MARINE

    Joining the Koç Group in 1997, RMK Marine provides construction, maintenance and repair services for tankers, off-shore vessels, tugboats, military ships and superyachts in Tuzla.

    RMK Marine is the first private sector Turkish shipyard to design and provide turnkey solutions. It is one of only two Turkish shipyards, including military ones, to have attained AQAP 2110 NATO Quality Management System certification and it is the first private sector shipyard in Turkey to receive design certification.

    RMK Marine is the first private sector shipyard in Turkey to provide in-house design and turn-key solutions.

    Click here for details.

  • KOÇSİSTEM

    KoçSistem, Turkey’s the leading IT services company, has continued its strategy of focusing on areas that shape the business world, such as mobile technologies, cloud computing and managed services, and it has achieved important market leadership positions.

    KoçSistem provides its cloud computing services under the brand Maximus Enterprise Cloud Services. According to IDC figures, KoçSistem leads Turkey’s cloud computing market with a 19% share. On being named the Best Commercial Sector Example at the Turkish Cloud Computing Awards, the Company became eligible to represent Turkey at Euro Cloud 2013. It launched the HR Cloud Payroll Management System, which is the first human resources cloud application in Turkey.

    Accurately reading the signs of the times, KoçSistem has reinforced its leadership.

    Click here for details.

  • BİLKOM

    Bilkom has been distributing leading global IT brands for 30 years. It has been prominent in the sector for its added-value service approach and it continues to raise the bar as Turkey’s digital life coach.

    Bilkom, Turkey’s Digital Life Coach, has led the pack for 30 years.

    Click here for details.

  • RAM DIŞ TİCARET

    Since its founding, Ram Dış Ticaret has conducted commercial operations in markets neighboring Turkey and, in the process, established an international reputation as a reliable trading partner.

    Ram: The past and present key to modern trade

    Click here for details.

  • ZER

    Since 2003, Zer Merkezi Hizmetler has freed Koç Group companies to focus on their core businesses and also created value by conducted marketing, services, supplies and logistics by utilizing the synergy of collective procurement and economies of scale.

    The strategies guiding the Company’s operations are ensuring sustainability of existing business, maximizing potential, a focus on excellence and increasing stakeholder satisfaction.

    Zer acquired all shares of Promena, its partner in electronic purchasing services, in 2013 and merged it under Zer.

    Zer Merkezi Hizmetler does business by maintaining continuity in existing businesses, maximizing potential, being a center of excellence, and increasing stakeholder satisfaction.

    Click here for details.