Borusan
| A.Ş. | |
| Traded as | BİST: BRYAT BİST: BRSAN |
| Industry | Industry |
| Founded | 1944 |
| Headquarters | Turkey |
Area served | Turkey |
Key people | Ahmet Kocabıyık (Chairman) |
Number of employees | 1300 |
| Website |
Borusan is a Turkish industrial group active in the areas of steel, distribution, energy, and logistics. Shares in the group investment vehicle Borusan Yatırım and the steel tube subsidiary Borusan Mannesmann are traded on the Istanbul stock market.[1][2][3]
Business and activities
Borusan began in 1944 as İstikbal Ticaret, trading in iron, steel and agricultural products. The first industrial enterprise was steel pipe manufacturing in 1958, a business which expanded throughout the 1960s 1970s into manufacturing industrial machinery, valves for internal combustion engines, and logistics. By 1972, after integrating the steel pipe operations, all Borusan companies were brought together under Borusan Holding. In 1984 Borusan Oto became the Turkish distributor of BMW, later expanding in this area to distribute Caterpillar earth moving equipment, and Landrover vehicles. The partnership with Mannesmann in 1998 placed Borusan among the top five steel pipe producers in Europe with a production capacity of 1 million tons, from factories in Gemlik, Istanbul and İzmit. In addition, Borusan has a factory in Italy with a production capacity of 32.000 tons per year of cold drawn pipe.[4]
Companies in the Borusan group
- Borusan Mannesmann Boru Yatırım Holding A.Ş. - Partnership between Borusan and Salzgitter AG Mannesmann, manufactures grooved and galvanized steel and plastic and steel pipes.
- Borçelik Çelik Sanayii Ticaret A.Ş. - Turkey's first private cold flat steel manufacturer.
- Borusan Makina ve Güç Sistemleri San ve Tic. A.Ş. - engineering/
- Borusan Otomotiv İthalat ve Dağıtım A.Ş., Borusan Oto Servis ve Ticaret A.Ş., and Borusan Otomotiv Pazarlama ve Ticaret A.Ş. - companies involved in the import and distribution of motor vehicles.
- Supsan Motor - valves and valve accessories. Turkish producer of Eaton Corporation valves.
- Supapları Sanayi ve Ticaret A.Ş.
- Borusan Lojistik Dağıtım Depolama Taşımacılık ve Ticaret A.Ş. - logistics
- Borusan Teknolojik Yatırımlar Holding A.Ş.
- Borusan Manheim - vehicle auctions
- Borusan Elektronik Ticaret, İletişim ve Bilgi Hizmetleri A.Ş. (Otomax)
- Kerim Çelik - Turkey's first steel service center, a joint venture of Borusan Holding with Arcelor Mittal, a Flat Steel Group company.[5]
See also
- Perili Köşk - the headquarters of Borusan Holding and the Borusan Contemporary art museum is a historical monument in the Rumelihisarı neighbourhood of Istanbul.
- Borusan Otomotiv Motorsport - a Turkish auto racing team.
