It has almost been a year of record growth for Turkey’s giant commercial groups. In a year in which the Turkish economy grew by 7.4 percent, 38 of the 44 giant groups achieved double-digit growth, and one achieved triple-digit growth. The giants that have serious growth targets also for this year, take profit into the centre of their business, and rather than slowing down investments, try to identify opportunities abroad. They are also on full alert against factors that may put pressure on their domestic and foreign goals. As is the case every year, Capital has scrutinised the growth performances of the Turkey’s giant groups for the current year.
Nurettin Çarmıklı, the Chairman of the Board of Directors of Nurol Holding, which grew by 30 percent, states that the group in its present state is not interested in mergers or purchases. He says, “Our group will seize possible project and investment opportunities in Europe, the Gulf countries and the Caucasus in the geography in which we have high potential for business abroad.” Nurol Holding, which made 400 million TL of investments last year, will make 600 million TL investments in the mining, construction and defence sectors.