FOUR KIBAR HOLDING COMPANIES MAKE IT TO THE ICI 500 LIST

May 2018

Among Kibar Holding's group companies, Hyundai Assan ranked 10th, Assan Alüminyum ranked 38th, Assan Hanil ranked 173rd, and Assan Panel ranked 466th on the Turkey's Top 500 Industrial Enterprises 2017 Survey conducted by the Istanbul Chamber of Industry (ICI).

Four group companies under Kibar Holding, Turkey's leading industrial group, made it to the Turkey's Top 500 Industrial Enterprises 2017 Survey conducted by the Istanbul Chamber of Industry (ICI).

The rankings of Kibar Holding's group companies on the ICI 500, which is prepared based on net sales from production, were as follows: Hyundai Assan, one of the most prominent players in the automotive industry, ranked 10th; Assan Alüminyum, the leader in Turkey's flat aluminum sector and one of the top three manufacturers in Europe, ranked 38th; Assan Hanil, one of the most important main parts suppliers in the automotive supply industry ranked 173rd; and Assan Panel, a pioneer in the sandwich panel industry ranked 466th.

"We believe a bright future awaits both Turkey and the industries we operate in"

Haluk Kayabaşı, Kibar Holding's CEO, made the following remarks: "We at Kibar Group are honored that 4 of our companies made it to the Turkey's Top 500 Industrial Enterprises 2017 Survey conducted by the Istanbul Chamber of Industry (ICI). We are working day and night to improve the overall efficiency of our activities and further enhance our performance. When designing our activities, we aim not only to add value to our company, but also to our country. We bear great responsibility on our journey as we focus on production to strengthen the economy, reduce unemployment, and add value to the industry. We believe a bright future awaits both Turkey and the industries we operate in. For this reason, we will continue to work tirelessly and expend great efforts in production.”