Three subsidiaries of Kibar Holding were listed among ISO 500

June 2022

Three subsidiaries of Kibar Holding, one of Turkey’s long-established and leading industrial enterprises, were included on the list “ISO 500: Turkey’s Top 500 Industrial Enterprises,” released every year by the Istanbul Chamber of Commerce (ISO).

The survey ISO 500: Turkey’s Top 500 Industrial Enterprises is a strong indicator of the current status of the Turkish economy. The results of the survey for 2021 were announced. The list ISO 500 2021 included three subsidiaries of Kibar Holding, which is one of Turkey’s leading industrial enterprises with its 50 years of history, employment opportunities, and production activities.

While Assan Hanil, a main parts supplier in the automotive industry, ranked 290th; Assan Alüminyum, the leader of the flat aluminum industry in Turkey and one of the two largest flat aluminum manufacturers in Europe, moved up two places to rank 39th, and Posco Assan, one of the main steel manufacturers in Turkey and the owner of the country’s first and only stainless steel rolling facility, moved up twenty places to rank 68th.

Haluk Kayabaşı, CEO of Kibar Holding, stated that they were proud that three of their subsidiaries were included in the survey, which was conducted to identify the largest industrial enterprises in Turkey. He said, “As Kibar Group, we continue to grow steadily. The fact that three of our subsidiaries were included on the list of Turkey’s Top 500 Industrial Enterprises is one of the main indicators of this growth. As a global brand born in this land, we continued our steady progress towards our goals in 2021 and increased our contribution to the national economy by focusing on production and exports. We will continue to work and produce towards higher goals every year.”