The ŞişecamGroup is among leading companies
in glass manufacturing industry both in the World
and in Europe.
Glass
Şişecam
The founder and indisputable leader of the Turkish Glass
Industry
Established in 1935, Türkiye Şişe ve Cam Fabrikaları A.Ş.
(Şişecam) is the holding company of the Şişecam Group,
consisting of 66 companies active in the fields of flat glass,
glassware, glass packaging and chemicals (mainly soda ash
and chromium chemicals). In addition to Şişecam, the parent
company of the Group, – Trakya Cam, Anadolu Cam, Denizli Cam
and Soda Sanayii shares are also listed on the Borsa İstanbul.
The Şişecam Group carries out production in its facilities and
plants located in Turkey as well as in Egypt, Russia, Georgia,
Bulgaria, Bosnia-Herzegovina, Italy, Ukraine, Romania, Germany,
Hungary, Slovakia and India. Based on September 2013 figures,
producing 35% of their combined glass output outside Turkey
(as measured on a tonnage basis) and obtaining 48% of their
total sales revenue from international sales, Group exports
amounted to USD 622 million in more than 150 countries by
the end of September 2013. Having been named the “Exporter
of the Year” at the “Stars of Export” contest organized in 2012,
in recognition of the Group’s high export generation, Şişecam
Group works to consistently increase its production strength
through investments aimed at creating new capacity.
Positioned as one of the world’s and Europe’s leading
companies in the glass manufacturing industry, the Şişecam
Group ranked third to sixth in the world and second to
fourth in Europe, in terms of its production capacity in glass
manufacturing.
Taking the fourth spot in Europe in terms of soda production
capacity, the Group is the world leader in the production of basic
chromium sulphate and sodium bichromate.
As of September 2013, Şişecam had total consolidated assets
worth TL 10.9 billion and TL 6.3 billion in shareholders’ equity.
In April 2013, Standard & Poor’s affirmed Şişecam long-term
local and foreign currency credit rating as “BB +” and its short-
term global scale corporate credit rating as “B” with a “Stable”
outlook, while Moody’s affirmed its long-term credit rating as
“Ba1” with a “Stable” outlook.
Eight of Şişecam Group companies were listed in the 2012
edition of the “Turkey’s Top 500 Industrial Enterprises”.
Telecommunication
Avea
Turkey’s sole GSM 1800mobile operator
As of year- end of 2013, Avea İletişim Hizmetleri A.Ş. (Avea)
has a market share of 21% in the mobile telecommunications
market in Turkey with approximately 14.5 million subscribers.
According to the company’s IAS-compliant financial statements,
at the end of 2013, Avea had total assets worth TL 6.9 billion
and TL 4.0 billion in shareholders’ equity on an unconsolidated
basis.
Offering its customers innovative, distinctive and high value
added technology products and services, Avea regularly invests
in projects to expand its network infrastructure and further
develops its information technology and R&D capabilities.
Other
Nemtaş
Maritime transportation
Nemtaş Nemrut Liman İşletmeleri A.Ş. (Nemtaş) is a ship-owner
company that is active in shipping management, chartering and
brokering. The company undertakes its activities with a fleet of
five dry-bulk vessels with a total capacity of 252,959 DWT. At
the end of 2013, the company had TL 507 million in total assets
and TL 438 million in shareholders’ equity on a unconsolidated
basis.
Activities
57
İşbank
Annual Report 2013
