In the Capital 500 Survey of Turkey’s 500 Largest Companies, which is traditionally conducted every year by Capital, one of Turkey’s most respected economy magazines, two companies operating under Kadooğlu Holding were ranked at the top of the list.
Based on the turnover of companies in Turkey in 2022, Kadooğlu Holding’s subsidiaries Kadooğlu Petrolcülük rose 56 places to 156th place and Kadooğlu Yağ rose 109 places to 253rd place in the Capital 500 survey. Kadooğlu Holding Deputy Chairman of the Board of Directors Celâl Kadooğlu said, “We are proud to be ranked among Turkey’s Top 500 Companies with Kadooğlu Holding subsidiaries. In the Capital 500 survey, Kadooğlu Petroleum rose by 56 ranks to reach 156th rank and Kadooğlu Oil rose by 109 ranks to be ranked 253rd. Of course, these achievements are based on our corporate structure and the efforts of the Kadooğlu Family, which continues to work with a family rider. As we continue our investments, we will continue to enter the world markets with innovative products and to be among the most important actors of global markets, in addition to our efforts to increase our production capacity. After the pandemic, the world economy, which was also negatively affected by the Russia-Ukraine war after the pandemic, was of course reflected in our country, which affected us like many other sectors. However, we strive to work, produce and increase our exports without compromising production by maintaining our weight in our sector. I would like to thank all our employees and stakeholders who contributed to this result.”
Our market share in Global Markets is increasing
Stating that they exported to more than 70 countries in 2022, Celal Kadooğlu, Deputy Chairman of the Board of Directors of Kadooğlu Holding, said: “We are in the effort to increase our exports which we realized to more than 70 countries in 2022 to even more countries in 2023. Our consumption rate in Middle Eastern countries is quite high. EU countries, Middle East and African countries are among the target countries.” Our consumption rate in Middle Eastern countries is quite high. EU countries, Middle East and African countries are among the target countries.”