The country has an emerging market economy as defined by the IMF.[3] Turkey is among the world's developed countries according to the CIA World Factbook.[4] Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. Turkey has the world's 18th largest nominal GDP,[5] and 15th largest GDP by PPP.[5] The country is among the world's leading producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances.
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Turkey".
This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017.[6] Only the top five firms (if available) are included as a sample.
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
{{Company list legend}}Name | Industry | Sector | Headquarters | Founded | Notes |
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Adana Çimento | Industrials | Construction & materials | Adana | 1954 | Cement producer |
Akbank | Financials | Banks | Istanbul | 1948 | Banking, part of Sabanci Holding |
Aksa | Basic materials | Chemicals | Yalova | 1968 | Chemicals |
Alarko Holding | Industrials | Construction & materials | Istanbul | 1954 | Construction and mechanical industries |
Anadolu Isuzu | Consumer goods | Automobiles & parts | Istanbul | 1984 | Automotive, part of Isuzu Motors (Japan) |
Arçelik | Consumer goods | Personal & household goods | Istanbul | 1955 | Home appliances, part of Koç Holding |
Arkem | Basic materials | Chemicals | Istanbul | 1991 | Chemicals |
Aselsan | Industrials | Aerospace & defense | Ankara | 1975 | Defense electronic systems |
Askam (trucks) | Industrials | Industrial engineering | Istanbul | 1964 | Commercial trucks, defunct 2015 |
Avea | Telecommunications | Mobile telecommunications | Istanbul | 2004 | Mobile phone operation |
Avsar Enamel | Consumer goods | Personal & household goods | Bolvadin | 2010[7] | Kitchenware |
Aygaz | Oil & gas | Oil & gas producers | Istanbul | 1961 | Propane gas, part of Koç Holding |
Banvit | Consumer goods | Food & beverage | Bandırma | 1968 | Poultry |
Basak Traktor | Industrials | Industrial engineering | Adapazarı | 1914 | Tractors |
Beko Elektronik | Consumer goods | Personal & household goods | Istanbul | 1967 | Home electronics, part of Koç Holding |
BHDR | Industrials | Construction & materials | Istanbul | 1935 | Largest construction firm in Turkey |
BMC | Consumer goods | Automobiles & parts | İzmir | 1964 | Automotive |
Borusan Holding | Conglomerate | - | Istanbul | 1944 | Conglomerate: Steel, energy, logistics |
BOTAŞ | Oil & gas | Oil & gas producers | Ankara | 1974 | State-owned oil/energy |
Çalık Enerji | Oil & gas | Oil & gas producers | Istanbul | 1998 | Energy |
Canovate | Consumer goods | Personal & household goods | Istanbul | 1965 | Electrical equipment |
Cengiz Holding | Conglomerate | - | Istanbul[8] | 1980 |
Ciner Holding | Conglomerate | - | Istanbul | 1978 | Energy, media, commerce |
Çukurova Holding | Conglomerate | - | Istanbul | 1923 | Construction, media, telecommunications |
DenizBank | Financials | Banks | Istanbul | 1938 | Private bank, part of Sberbank (Russia) |
Diardi | Consumer goods | Automobiles & parts | İzmir | 1987 | Automotive |
Dilek Ecza Deposu | Health care | Pharmaceuticals & biotechnology | Antalya | 1991 | Pharmaceutical distribution |
Doğan Holding | Conglomerate | - | Istanbul | 1980 | Energy, media |
Doğtaş | Consumer goods | Personal & household goods | Biga | 1972 | Furniture |
Doğuş Group | Conglomerate | - | Istanbul | 1951 | Highly diversified conglomerate |
DYO Boya Fabrikaları | Basic materials | Chemicals | İzmir | 1927 | Chemicals, paint |
Eczacıbaşı | Health care | Pharmaceuticals & biotechnology | Istanbul | 1942 | Pharmaceuticals |
Efes Beverage Group | Consumer goods | Food & beverage | Istanbul | 1969 | Brewery |
Elektrik Üretim | Utilities | Electricity | Ankara | 2001 | Energy |
Enerco Energy | Oil & gas | Oil & gas producers | Istanbul | 2004 | Natural gas |
Enka Insaat ve Sanayi A.S. | Industrials | Construction & materials | Istanbul | 1957 | Construction |
Erdem Architects | Industrials | Support services | Ankara | 1998 | Architects |
Erdemir | Basic materials | Basic resources | Zonguldak | 1967 | Iron and steel |
Erkunt Group | Industrials | Industrial engineering | Ankara | 1953 | Tractors |
Eser | Industrials | Construction & materials | Ankara | 1986 | Construction |
Estap | Consumer goods | Personal & household goods | Istanbul | 1989 | Electronics |
Etox | Consumer goods | Automobiles & parts | Ankara | 2006 | Automotive |
EUROTAI | Industrials | Aerospace & defense | Ankara | 1997 | Helicopters, joint with Airbus Helicopters and TAI |
EUROTEM | Industrials | Industrial Transportation | Istanbul | 2006 | Trains, joint with Hyundai Rotem (South Korea) |
Fibabanka | Financials | Banks | Istanbul | 2010 | Private bank |
Finansbank | Financials | Banks | Istanbul | 1987 | Banking, part of the QNB Group (Qatar) |
GAMA Endustri | Industrials | Construction & materials | Ankara[9] | 1970 | Construction |
Garanti Bank | Financials | Banks | Istanbul | 1946 | Private bank |
Geliyoo | Consumer goods | Personal & household goods | Edirne | 2010 | Electronics |
Goldas | Consumer goods | Personal & household goods | Istanbul | 1993 | Jewelry |
Halikarnas Financial Services and Advisory (HFSA) | Financials | Financial services | Istanbul | 2013 | Financial services |
Halk Bankasi | Financials | Banks | Ankara | 1938 | Banking |
Hunca Cosmetics | Consumer goods | Personal & household goods | Istanbul | 1957 | Cosmetics |
Assan | Consumer goods | Automobiles & parts | Istanbul | 1994 | Automotive |
Inebolu Shipyard | Industrials | Industrial Transportation | Inebolu | 2008 | Shipbuilding |
Isdemir | Basic materials | Basic resources | Iskenderun | 1970 | Steel |
Istanbul | Consumer goods | Personal & household goods | Istanbul | 1980 | Musical instruments |
Kalyon Group | Industrials | Construction & materials | Istanbul | 1974 | Construction |
Kardemir Karabük Demir Çelik Fabrikalari A.S. | Basic materials | Basic resources | Karabuk | 1937 | Iron and steel |
Karsan | Consumer goods | Automobiles & parts | Bursa | 1966 | Automotive |
Kayi Construction | Industrials | Construction & materials | Istanbul | 1991 | Construction |
Kimetsan | Basic materials | Chemicals | Ankara | 1986 | Chemicals |
Koç Holding | Conglomerate | - | Istanbul | 1926 | Energy, consumer goods, industrials, financials |
Koray Holding | Industrials | Construction & materials | Istanbul | 1956 | Construction |
Koton | Consumer goods | Personal & household goods | Istanbul | 1988 | Clothing |
Kristal Kola | Consumer goods | Food & beverage | Istanbul | 1996 | Brewery |
Lescon | Consumer goods | Personal & household goods | Gaziantep | 1980 | Sport shoe company |
Limak Holding | Industrials | Construction & materials | Istanbul | 1976 | Construction |
LittleBig | Consumer goods | Personal & household goods | Istanbul | 1994 | Clothing |
Mako Elektrik | Consumer goods | Automobiles & parts | Bursa | 1970 | Automotive |
Mavi Jeans | Consumer goods | Personal & household goods | Istanbul | 1991 | Clothing |
Mechanical and Chemical Industry Corporation | Industrials | Aerospace & defense | Ankara | 1950 | Military |
Migros Türk | Consumer services | Retail | Istanbul | 1975 | Supermarket, part of Koç Holding |
Nurol Holding | Industrials | Construction & materials | Ankara | 1989 | Construction |
Omsan | Industrials | Support services | Istanbul | 1978 | Logistics |
OPET | Oil & gas | Oil & gas producers | Mersin | 1982 | Oil and gas, part of Koç Holding |
Otokar | Consumer goods | Automobiles & parts | Sakarya | 1963 | Automotive, part of Koç Holding |
Otosan | Consumer goods | Automobiles & parts | Golcuk | 1959 | Automotive, part of Koç Holding |
Oyak-Renault | Consumer goods | Automobiles & parts | Bursa | 1969 | Automotive |
Ozaltin | Consumer goods | Automobiles & parts | Adana | 2000 | Automotive |
Pancar Motor | Industrials | Industrial engineering | Konya | 1956 | Diesel engines |
Permak | Industrials | Construction & materials | Istanbul | 1981 | Construction |
Petkim | Oil & gas | Oil & gas producers | Izmir | 1965 | Petrochemical |
Petrol Ofisi | Oil & gas | Oil & gas producers | Istanbul | 1941 | Oil and gas |
Polimeks | Industrials | Construction & materials | Istanbul | 1995 | Construction |
Poliya | Basic materials | Chemicals | Istanbul | 1983 | Composites and chemicals |
Sabanci Holding | Conglomerate | - | Istanbul | 1926 | Financials, energy, retail |
Sahinler Holding | Industrials | General industrials | Istanbul | 1984 | Textile |
Salcano | Consumer goods | Personal & household goods | Istanbul | 1975 | Bicycle |
Sekerbank | Financials | Banks | Eskisehir | 1953 | Banking |
Solimpeks | Oil & gas | Alternative energy | Konya | 2001 | Renewable energy |
STFA Group | Industrials | Construction & materials | Istanbul | 1938 | Civil engineering and construction |
Tabanlioglu Architects | Industrials | Support services | Istanbul | 1956 | Architects |
TAV Airports Holding | Industrials | Industrial Transportation | Istanbul | 1997 | Airport |
Tekel | Consumer goods | Food & beverage | Istanbul | 1862 | Tobacco and alcoholic beverages |
Tekfen | Industrials | Construction & materials | Istanbul | 1956 | Construction |
Temsa | Consumer goods | Automobiles & parts | Adana | 1968 | Automotive, part of Sabanci Holding |
Tersan Shipyard | Industrials | Industrial Transportation | Yalova | 1990 | Shipbuilding |
Tofas | Consumer goods | Automobiles & parts | Istanbul | 1968 | Automotive, part of Koç Holding |
TÜLOMSAŞ | Industrials | Industrial Transportation | Eskisehir | 1894 | Locomotive manufacture |
Tüpraş | Oil & gas | Oil & gas producers | Kocaeli | 1983 | Oil refining, part of Koç Holding |
Türk Telekom | Telecommunications | Fixed line telecommunications | Ankara | 1839 | Telecommunication |
Turkcell | Telecommunications | Mobile telecommunications | Istanbul | 1994 | Mobile phone operation |
Turkish Aerospace Industries (TAI) | Industrials | Aerospace & defense | Ankara | 2005 | Aircraft manufacture |
Turkish Airlines | Consumer services | Travel & leisure | Istanbul | 1933 | Airline |
Türkiye Is Bankasi | Financials | Banks | Istanbul | 1924 | Banking |
Türkiye Petrolleri Anonim Ortaklığı (TPAO) | Oil & gas | Oil & gas producers | Ankara | 1954 | Oil and gas industry |
TÜVASAŞ | Industrials | Industrial Transportation | Adapazari | 1951 | Railcar manufacturer |
Ugur Cooling | Industrials | General industrials | Aydin | 1954 | Cooling equipment |
Ugur Group Companies | Conglomerate | - | Aydin | 1954 | Consumer goods, medical |
Ülker | Consumer goods | Food & beverage | Istanbul | 1944 | Food production |
VakifBank | Financials | Banks | Istanbul | 1954 | Banking |
Vakko | Consumer goods | Personal & household goods | Istanbul | 1934 | Clothing |
Vestel | Consumer goods | Personal & household goods | Manisa | 1984 | Home electronics |
Vitra | Health care | Health care equipment & services | Istanbul | 1942 | Sanitary goods |
Yapi Merkezi | Industrials | Construction & materials | Istanbul | 1965 | Construction |
Yapi ve Kredi Bankasi | Financials | Banks | Istanbul | 1944 | Banking |
Yüksel Tohumculuk | Consumer goods | Food & beverage | Antalya | 1996 | Seeds, plant breeding |
Ziraat Bankasi | Financials | Banks | Ankara | 1863 | banking |
Zorlu Holding | Conglomerate | - | Istanbul | 1990 | Textiles, electronics |
1. ^{{cite web|url=https://www.cia.gov/library/publications/the-world-factbook/geos/tu.html |title=Turkey |publisher=The World Factbook |accessdate=9 February 2013}}
2. ^{{cite web|title=What really matters about Multiculturalism in Turkey by Rabee Al-Hafidh|url=http://www.todayszaman.com/op-ed_what-really-matters-about-multiculturalism-in-turkey-by-rabee-al-hafidh-_303176.html|website=todayszaman.com|accessdate=18 February 2015}}
3. ^{{cite web|url=http://www.imf.org/external/pubs/ft/weo/2011/01/pdf/text.pdf|format=PDF|title=IMF Advanced Economies List. World Economic Outlook|date= April 2011| page= 173}}
4. ^{{cite web|url=https://www.cia.gov/library/publications/the-world-factbook/appendix/appendix-b.html#D|title=The World Factbook|work=cia.gov}}
5. ^1 {{cite web|url=http://www.imf.org/external/pubs/ft/weo/2015/01/weodata/weorept.aspx?sy=2008&ey=2014&scsm=1&ssd=1&sort=country&ds=.&br=1&c=186&s=NGDPD%2CNGDPDPC%2CPPPGDP%2CPPPPC&grp=0&a=&pr.x=63&pr.y=3|title=Report for Selected Countries and Subjects|publisher=IMF World Economic Outlook Database, April 2015|date=14 April 2015|accessdate=12 July 2015}}
6. ^{{cite web |first=Scott|last=DeCarlo|url=http://fortune.com/global500/list/|title=The Fortune 2017 Global 500|work=Fortune|date=20 July 2017}}
7. ^{{cite web|url=https://www.bloomberg.com/profiles/companies/0994305D:TI-avsar-emaye-sanayi-ve-ticaret-as |title=Avsar Emaye Sanayi VE Ticaret AS |publisher=Bloomberg |date= |accessdate=2019-04-01}}
8. ^{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=36339721 |title=Company Overview of Cengiz Holding A.S. |publisher=Bloomberg |date= |accessdate=2019-04-01}}
9. ^{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=1802341 |title=Company Overview of GAMA Endüstri Tesisleri Imalat Ve Montaj A.S. |publisher=Bloomberg |date= |accessdate=2019-04-01}}
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