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KOC HOLDING RANKS 172TH ON WORLD'S BIGGESTS CORPORATIONS LIST
ISTANBUL - Turkish conglomerate Koc Holding ranked the 172th on an annual list of world's 500 largest corporations released by an international business magazine, Koc said in a statement on Friday.
10.07.2009 - Update : 10.07.2009
The Turkish holding moved 14 places up on the list of Fortune Global, with a 44.2 billion USD turnover, leaving behind world giants such as Canon, Walt Disney, Lufthansa, Bridgestone, Oracle, Coca-Cola, Goodyear, Philip Morris, Dupont, Apple, Philips and PepsiCo.
Koc Holding claimed the 19th place on another list of corporations to have the biggest revenue increase over the last 5 years with a 33.8 boost between 2003 and 2008, and the Turkish holding became the world's fifth largest in energy sector.
The Istanbul-based holding comprises 113 companies, 95,745 employees, and 14,000 dealers, agencies, and after-sales services people in energy, consumer durables, automotive, finance and other sectors.
The group holds majority stakes in Tupras oil refiner, Turkey's largest industrial enterprise, and Yapı Kredi, a major bank in the Turkish banking sector. Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.
Koc Holding claimed the 19th place on another list of corporations to have the biggest revenue increase over the last 5 years with a 33.8 boost between 2003 and 2008, and the Turkish holding became the world's fifth largest in energy sector.
The Istanbul-based holding comprises 113 companies, 95,745 employees, and 14,000 dealers, agencies, and after-sales services people in energy, consumer durables, automotive, finance and other sectors.
The group holds majority stakes in Tupras oil refiner, Turkey's largest industrial enterprise, and Yapı Kredi, a major bank in the Turkish banking sector. Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.
