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 Borusan Targets Further Growth




Borusan company continues to grow and become stronger. Sharing its strategies and investment plans along with the results for 2022, Borusan stated that it had a successful year and will increase its investments for the 2023-2025 period to 39 billion TL.

To commemorate 2022 with success, Borusan Holding Group CEO Erkan Kafadar also underlined that last year was a year in which they took important steps. He stated that they are trying to develop strategic plans that can carry Borusan 200 years later, for the upcoming process. Kafadar said the following about his growth plans: ‘’ We have transformed our core business areas by seeing the path we will follow in our approach to growth as 4 focuses. As a result of this, we now continue our work, which we have titled as development, growth in close fields of activity, opening up to new fields of activity, and creating value with corporate venture capital’’. Explaining that Borusan's primary target for the progress is profitable growth, Kafadar also underlined that they have investment plans worth 39 billion TL until 2025. Kafadar continued his words as follows:’’ When we focus on the fields of activity in which we are involved, we aim to invest 23.1 billion TL in production activities, 5.9 billion TL in energy sector activities, 2.8 billion TL in logistics activities, 2.3 billion TL in machinery and power systems and 4.9 billion TL in the automotive sector until 2025’’.

Borusan Holding, which also attaches great importance to sustainability, obtained a financing amount of TL 2.2 billion for its activities within this scope. In this sense, it can perform its activities more conveniently and quickly. It plans to use the green credit support it has obtained for investments in renewable energy and for creating new business areas within the framework of sustainability.

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