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Turgay Durak, CEO of Koc Holding, made a statement regarding 2012 and their 2013 expectations.
Accordingly, the Holding expects 6% growth in consolidated revenues and operating profitability. The Conglomerates' 2013E GDP growth expectation is 4.5% with a limited devaluation of the TRY on the back of a higher foreign trade deficit.
Major highlights of the statement:
Ford Otosan JV maintained leadership in the Turkish car and van market with a 13.8% share, followed by the Tofas JV with a 12.6% share last year
The Group's oil refiner Tupras' 2012 exports reached USD 5.1b
Fuel retailer unit Opet raised its market share in Turkey to 18.6% in white products and 12.7% in black products
Aygaz maintained its domestic market leadership with a 23% share in autogas, 43% in bottled LPG and 29% in total LPG
Arcelik rose to third place in Europe in total sales, set up sales units in Ukraine and Egypt and targets markets including Pakistan, India, and Indonesia.
Related News in English
Povezane vesti na srpskom
Συναφείς Ειδήσεις στα Ελληνικά