22.12.2020 Ankara
At the TOBB Turkey 100 Award Ceremony organized with the contributions of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), TEPAV and TOBB ETU, Turkey's top 100 fastest growing companies were announced to the public according to the sales revenue growth rate ranking in 2016-2018. Ankara-based Gintek Construction Inc. was the fastest growing company with a rate of 4357.5%. In the ranking, FS Foreign Trade from İstanbul took second place; Ankara company Profen Defense and Security Technologies took third place; Ravago Chemicals Turkey Chemical Raw Materials from İstanbul took fourth place while İstanbul-based SBS Scientific Bio Solutions took fifth place. The award ceremony, attended by TOBB President M. Rifat Hisarcıklıoğlu and Trade Minister Ruhsar Pekcan, was held via webinar.
TOBB President M. Rifat Hisarcıklıoğlu stated that while preparing the
Turkey 100 list, the turnover growth rate of the applicant companies between
the last 2 years, i.e. 2016-2018, was taken into account.
Hisarcıklıoğlu noted that the average growth of Turkey's 100 fastest
growing companies during this period was 511%, “That's a stunning number. They
performed 12 times more than the national income growth in Turkey. In the same
period, they increased their production per employee, i.e. their productivity,
by an average of 221%. In 2018, each company sold an average of TL 79 million.
They also employed an average of 111 people each. In the period 2016-2018, the
employment of 100 companies in Turkey increased by 86%. 63% of Turkey's 100
companies export. They export to 67 different countries. I am proud of our
companies which have achieved such great successes and are eligible to enter
Turkey 100, and I congratulate them all from the bottom of my heart.”
- Innovative and
sustainable companies
Emphasizing that the companies here are both young, innovative and
sustainable companies, TOBB President said that the average age of Turkey 100
companies is about 13 years. Pointing out that 24 of the companies that made
the Turkey 100 list in 2020 were on the Turkey 100 list last year,
Hisarcıklıoğlu said: “Turkey 100 companies do the work that everyone knows with
a very different understanding. They use digital technology very well. They do
not consider the resources allocated to the training of employees as expenses,
they attach great importance to this. They work with a high environmental
awareness with the understanding of “zero waste”. There are two other very
important points here. The regional distribution of the Turkey 100 list is also
quite remarkable. There are companies from 25 cities outside of 3 major cities
on the list. The rise of Anatolia is also clearly seen here. There is also an
interesting distribution in terms of sectors. In the list from IT to telecom;
from construction to logistics; from food to textiles; from plastics to
machinery, there are companies from many different sectors.
This diversity is actually the best proof that there are opportunities
in every sector in our country and that success can be achieved in every sector
with the right business model. You will be able to access the booklet with
analysis of Turkey 100 companies on our website at the end of the ceremony.”
- What is the
importance of Turkey 100?
Hisarcıklıoğlu stated that they care very much about Turkey 100 for 3
reasons:
“The first thing is this: As you know, in our culture, there is a good
saying: 'Ingenuity is subject to compliments.' At such a time, we would like to
appreciate and thank the companies that have achieved great success, the 100
fastest growing companies in Turkey. Second: We want these well-run,
future-bright companies to be more open, to grow more. For this reason, we
introduce the 100 fastest growing companies in Turkey to everyone. We make it
easier for them to reach the investor and the customer. We want them to be
active not only at home, but also abroad, to export. That's what we're
supporting. The third reason we care about this work is that entrepreneurship is
the key to enriching and developing in this day and age. We need more
entrepreneurs, too. You know, entrepreneurship is a business of enthusiasm.
With the Turkey 100 competition, we want to increase the number of our
entrepreneurial role models. We want every company here to set an example for
new entrepreneurs. We want all our young people, our women, to hear these
success stories. Let them know that they too are more eager to become
entrepreneurs. I would also like to address our companies that have applied to
the Turkey 100 program but did not make the top 100: You grew by an average of
98% in the period 2016-2018. I would also like to congratulate these companies
on their success. Don't worry I didn't make the list; we'll be announcing next
year's show soon. Be sure to apply there.”
Hisarcıklıoğlu, who noted that we should never be pessimistic during
this difficult pandemic period, said, “We must never give up in difficult
circumstances. Because the entrepreneur is not pessimistic, they are always
full of hope and excitement. As the Turkish private sector, we say that if we
could do it yesterday, we can do it today.
We will ensure that Turkey is among the largest economies in the world
and becomes a leading country by working together.”
- Trade Minister Ruhsar
Pekcan
Trade Minister Ruhsar Pekcan said they are closely following the
completion of the process between the European Union (EU) and the United
Kingdom, adding: “We hope to share with the public the agreement we will sign
with the United Kingdom as soon as possible.”
TOBB Turkey 100 Award Ceremony, organized with the contributions of the
Union of Chambers and Commodity Exchanges of Turkey (TOBB), TEPAV and TOBB ETU,
was held in a virtual environment with the participation of Trade Minister
Ruhsar Pekcan and TOBB President Rifat Hisarcıklıoğlu.
Minister Pekcan, speaking at the opening of the award ceremony, said
that she found this event, which rewards companies which attract attention with
their growth performance, very valuable in that it contributes to making
companies more visible in the national and international stage.
Noting that Turkey is a young and dynamic country, Pekcan said that they
continue to work with the awareness of producing more added value and exporting
more within the framework of rapid growth, development and the goals of being
among the countries in the world's top income group.
Pekcan noted the impact of trade wars and the Covid-19 pandemic on world
economies in recent years, adding that the outbreak has created a shock in the
global economy, both in supply and demand. Pekcan stressed that the most
serious global economic contraction since World War II has occurred and its
impact is ongoing.
“We may see a new approach to Transatlantic cooperation in particular,”
Pekcan said, noting that a change in governance in the United States could
bring about a change in US policy preferences for global trade.
The top 10 of the 100 fastest growing
companies are as follows:
- GİNTEK CONSTRUCTION INDUSTRY TOURISM AND
TRADE INC. (ANKARA)
- FS FOREIGN TRADE CO. LTD. (İSTANBUL)
- PROFEN DEFENSE AND SECURITY TECHNOLOGIES
INDUSTRY AND TRADE INC. (ANKARA)
- RAVAGO CHEMICALS TURKEY CHEMICAL RAW
MATERIALS SALES AND SUN. INC. (İSTANBUL)
- SBS SCIENTIFIC BIO SOLUTIONS INDUSTRY AND
TRADE INC. (İSTANBUL)
- TİS TECHNOLOGIC ISOLATOR SYSTEMS INDUSTRY
AND TRADE INC. (ANKARA)
- FORM ARCHITECTURE ENGINEERING SERVICES
INDUSTRY AND TRADE CO. LTD. (ANTALYA)
- OLMETSAN METAL CONSTRUCTION INDUSTRY AND
TRADE CO. LTD. (KOCAELİ)
- DESİRD CO. LTD. (ANTALYA)
- DIGITAL X-RAY INDUSTRY AND TRADE CO. LTD.
(ANKARA)
(THE ENTIRE LIST IN EXCEL FORMAT IS BELOW
THE PHOTOS ON THE RIGHT)