The Istanbul Chamber of Industry (ISO) has announced the results of its research on Türkiye's Top 500 Industrial Enterprises. Tüpraş has claimed the top spot as the largest industrial enterprise in Türkiye, with sales from production amounting to 484.2 billion lira. Ford Otomotiv follows in second place with 238 billion lira in sales.
In third place is Star Rafineri, which operates in the same sector as Tüpraş, with production sales of 226.8 billion lira. It is significant that two of the top three industrial enterprises are energy companies. The contributions of energy refineries to the national economy and the substantial sales volumes at these refineries are crucial for Türkiye, which aspires to become an energy hub and requires new refinery investments.
Looking beyond the top three, Istanbul Gold Refinery (IAR) ranks fourth with 142.5 billion lira in sales from production. The high demand for gold has boosted the standing of the Istanbul Gold Refinery.
The automotive sector also holds a prominent position. Following Ford Otomotiv in second place, Toyota Otomotiv is in fifth place with 127.4 billion lira, and Oyak-Renault is sixth with 107.2 billion lira. Thus, having three automotive companies among the top six industrial enterprises highlights the significant influence of the automotive sector on Türkiye's economy.
Among the top ten industrial enterprises, Arçelik ranks seventh with 99.9 billion lira, and Mercedes-Benz Türk AŞ is eighth with 94.2 billion lira. The last two companies in the top ten are Gramaltın Kıymetli Madenler Rafineri with 89.9 billion lira and Ereğli Demir ve Çelik Fabrikaları with 79.5 billion lira.
Türkiye's industrial enterprises, which are the production powerhouses of the economy, play a crucial role in both the country's GDP and in reducing economic dependency in their respective sectors. The presence of new and large industrial enterprises that can reduce external dependency and, consequently, the current account deficit is of strategic importance for the country's future.
