< Previous80 OCTOBER 2022 VALUE-ADDED GENERATED BY TECHNOLOGY INTENSITY The ISO 500 survey analyzes the value-added generated by enterprises based on sector groups of different tech- nology intensities. This analysis only covers manufacturing industry enterp- rises. The mining and quarrying and electricity, gas, ste- am and air conditioning supply sectors are not included in this analysis. Therefore, the calculations and analyses are based on data from 473 manufacturers. Technology intensity is divided into four sectoral groups. These are low-tech, mid-to-low-tech, mid-to-high-tech, and high-tech. The table shows the technology intensive industrial sectors according to the NACE Rev. 2 industrial classification. The value-added is the indicator that is used for techno- logy intensity classification among sectoral groups. The value-added is an indicator of “gross value-added at pro- ducers’ prices” (payment for factors of production [wages and salaries paid + interest paid + profit as national inco- me] + amortization set aside for the year + total indirect taxes - subsidies). The technology intensive sectors are divided into su- bgroups. In 2021, low-tech industries accounted for the highest share of value-added with 33.3 percent, however, this share was down by 4 points YoY. In the same period, the share of mid-to-low-tech industries rose to 32.4 per- cent following a 0.9-point increase. In 2021, the mid-to-high-tech industries increased their share the highest with 3.5 points, with their share reac- hing 28.3 percent. The share of high-tech industries drop- ped from 6.4 percent in 2020 to 6.1 percent in 2021. The share of high-tech industries showed a limited decline in 2020 and 2021 following a noteworthy increase in the preceding two years. In 2021, 189 out of 473 manufacturers were operating in low-tech industries (2020: 205). 141 enterprises were in the mid-to-low-tech (2020: 134) and 129 were in the mid- to-high-tech industries (2020: 122). In 2021, the number of companies engaged in high-tech industries was 14, which was 16 in 2020. BREAKDOWN OF VALUE-ADDED BY TECHNOLOGY INTENSITY (%) Low-tech Industries Mid-low-tech Industries Mid-high-tech Industries High-tech Industries 2018 2019 2020 2021 37.5 40.0 37.3 33.3 35.0 29.6 31.5 32.4 22.2 23.5 24.8 28.3 5.3 6.9 6.4 6.1OCTOBER 2022 81 There is an ongoing need for Türkiye to transform its in- dustry towards high value-added and high-tech sectors. The ISO 500 results pointed to a noticeable increase in the share of high-tech sectors in 2018 and 2019 for the first time in the last nine years considered as part of the survey. This share saw limited drops in 2020 and 2021. Nevertheless, the share of ISO 500 enterprises within the mid-to-high-tech and high-tech sectors in value-ad- ded exceeded the 30 percent mark for the first time in 2019, reaching 30.4 percent, and further climbed to 31.2 percent in 2020 and to 34.3 percent in 2021. Generated Value-Added by Technology Intensity Sectoral Groups Based on Technology Intensity Total Gross Value-Added Share in Total Gross Value- Added (%) CodeSectors Number of Companies Gross Value-Added (TL) Share in Total Gross Vaue- Added (%) Industries with Low Technology Intensity 160,778,166,94733.3 10Manufacture of food products 93 40,778,191,5878.4 11Manufacture of beverages 49,807,482,5622.0 12Manufacture of tobacco products 257,557,693,91211.9 13Manufacture of textiles 4623,148,409,0314.8 14Manufacture of wearing apparel 134,602,592,2011.0 15Manufacture of leather and related products --- 16 Manufacture of wood and of products of wood and cork (except furniture) 58,192,609,3641.7 17Manufacture of paper and paper products 1513,986,774,7902.9 18Printing and reproduction of recorded media (excl. 18.2) --- 31Manufacture of furniture 52,440,603,1530.5 32Other manufacturing (excl. 32.5) 5-74,713,7500.0 18.2Reproduction of recorded media --- Industries with Low- to-Medium Technology Intensity 156,252,203,61032.4 19Manufacture of coke and refined petroleum products 421,255,654,2454.4 22Manufacture of rubber and plastic products 2314,176,605,7652.9 23Manufacture of other non-metallic mineral products 2116,964,408,7323.5 24Manufacture of basic metals 7592,927,933,77419.2 25Manufacture of fabricated metal products (excl. 25.4) 169,310,954,3461.9 30.1Building of ships and boats 21,616,646,7480.3 20Manufacture of chemicals and chemical products 3944,383,694,2769.2 Industries with Medi- um-to-High Technology Intensity 136,498,271,10928.3 25.4Manufacture of weapons and ammunition 27,070,297,2331.5 27Manufacture of electrical equipment 2920,848,444,8244.3 28Manufacture of machinery and equipment, not elsewhere classified 1610,764,169,5992.2 29Manufacture of motor vehicles, trailers and semi-trailers 4254,420,186,43011.3 30Manufacture of other transport equipment (excl. 30.1 and 30.3) 1-988,521,253-0.2 32.5Manufacture of medical and dental instruments and supplies - -- Industries with High Technology Intensity 29,257,063,8616.1 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations 66,303,628,9281.3 26Manufacture of computer, electronic and optical products 512,613,588,8472.6 30.3Manufacture of air and spacecraft and related machinery 310,339,846,0862.1 473482,785,705,52782 OCTOBER 2022 2021 has been a year when widespread vaccination efforts around the world helped to keep the pandemic under control, economic and social activities restarted in a controlled manner, and the economy, especially the industries, enjoyed a speedy re- covery. The change in supply chains in the global industry and the effects of this change picked up momentum, and supply-side problems indicated a permanence in nature. The rise in commodity and energy prices and supply and sourcing challenges hiked the prices of industrial goods around the globe, with such increases having lasting effects. The Turkish industrial sector saw a significant improvement in its domestic and foreign demand conditions. Especially with the change in global supply chains and nearshoring trends, the Tur- kish industry was met with an increased demand for additional supply. There was a widespread increase in demand across the sector and additional capacity investments were planned and commis- sioned. The investments in the industry are forecast to continue as the demand for permanent additional supply persists. Financial conditions started to normalize in 2021, but financial fra- gility and fluctuations increased once again in the last months of the year. The Turkish lira depreciated heavily. High inflation is becoming increasingly persistent. And industrial enterprises are forced to operate in a high inflation environment after long years. Managing a business in an inflationary period requires additional competencies. When evaluating the results of the ISO 500 survey, high inflation must be taken into account, and inflation-adjusted real growth should form the basis of such evaluations. The post-pandemic conditions further emphasize how crucial the industry is on a global scale. Countries are actively engaged in efforts to possess critical industries, and the competition map in the industry is changing. These developments contribute to the Turkish industrial sector positively. Accordingly, the share of in- dustry in GDP is also on the rise. RESULTS: FUTURE OUTLOOK With the demand for additional supply, the ISO 500 recorded a historic high in exports. In the coming years, exports will continue to be the driving force and steering factor of the growth perfor- mance of the industry. In 2021, the performance of the sectors generally manifested through growth. However, as commodity prices went up around the globe, growth in commodity- and energy-intensive sectors was higher at current prices. In 2021, industrial enterprises significantly boosted their produ- ction and sales to meet the rapidly increasing domestic and fo- reign demand, albeit financing them mostly through borrowing. The share of debt in assets exceeded the 70 percent mark for the first time. This growth composition, however, does not promise sustainability in the long run. Fixed assets grew at a high rate of 51.1 percent for the first time in many years, thanks to new capacity investments and the reva- luation opportunity provided. New investments are expected to drive further growth in fixed assets. Enterprises continue to prioritize their core activities. Accordingly, as EBITDA recorded a significant jump, the number of enterpri- ses with positive EBITDA reached its second highest level since 2013. Enterprises managed to capitalize on the global upward trend in prices of industrial products and maximized their saving on ope- rating expenses, thus increasing their profitability. Increases in exchange rates contributed to enterprises’ net FX gains and consolidated income statements. ROS, ROE and ROA were at the highest levels of the last 11 years. Maintaining these levels should be the primary goal. The rise in R&D expenses has shown that technological activities are becoming increasingly independent of external conditions. Furthermore, the growing significance of technology and digita- lization in the new normal will continue to prompt an appetite for spending in these areas. The shares of mid-to-high-tech and high-tech industries mainta- ined their upward trend. Yet, there is still a need for new initiatives that will facilitate a structural shift towards high-tech. The 2021 edition of Türkiye’s Top 500 Industrial Enterprises (ISO 500) survey reveals some key findings regarding the current situation and future outlook of the industry. Some highlights are as follows:TÜRKİYE'S TOP 500 INDUSTRIAL ENTERPRISES RANKING Production-based sales, net sales, value-added, equity, total assets, profit/loss for the period before tax, earnings before interest, tax, depreciation and amortization, exports, average number of wage employees in 2021.84 OCTOBER 2022 1 - 35 Rank in ISO Top 500 Industrial Enterprises Enterprises Affiliated Chamber or Public Public Ranking Private Ranking Production-based Sales (Net) (TL) Net Sales Gross Value-Added (at Producers' Prices) 2021 2020 Rank:(TL)Rank:(TL) 11 TÜPRAŞ-Türkiye Petrol Rafinerileri A.Ş.Kocaeli-1136,793,346,3581-1149,054,172,3279-98,803,606,252 22 Ford Otomotiv Sanayi A.Ş.İstanbul-267,305,202,7462-271,677,859,2074-412,814,305,107 36 Star Rafineri A.Ş.Aegean Region-355,187,004,9013-355,948,713,184---- 44 Toyota Otomotiv Sanayi Türkiye A.Ş.Sakarya-446,152,742,0405-546,947,857,874---- 510 İskenderun Demir ve Çelik A.Ş.İskenderun-538,669,497,3868-838,690,799,6453-317,643,659,529 6- -İstanbul-6-7-7-458-452- 79 Ereğli Demir ve Çelik Fabrikaları T.A.Ş.İstanbul-736,787,827,7834-452,659,491,5538-810,273,560,715 87 Arçelik A.Ş.İstanbul-835,788,965,8756-646,373,407,60619-184,994,083,219 93 Oyak-Renault Otomobil Fabrikaları A.Ş.İstanbul-934,413,732,6419-934,413,732,641---- 108 TOFAŞ Türk Otomobil Fabrikası A.Ş.İstanbul-1026,566,750,66610-1031,991,552,80112-128,176,055,634 1112 İçdaş Çelik Enerji Tersane ve Ulaşım Sanayi A.Ş.İstanbul-1125,762,339,86413-1225,763,375,15535-322,728,037,461 1213 Çolakoğlu Metalurji A.Ş.İstanbul-1225,489,775,15414-1325,514,763,202---- 1314 Hyundai Assan Otomotiv San. ve Tic. A.Ş.Kocaeli-1321,412,219,02215-1424,871,491,392---- 1416 Tosçelik Profil ve Sac Endüstrisi A.Ş.İskenderun-1420,571,898,57216-1523,284,738,326---- 1523 PETKİM Petrokimya Holding A.Ş.Aegean Region-1519,494,418,50911-1129,402,842,139---- 1615 Mercedes-Benz Türk A.Ş.İstanbul-1619,153,288,55017-1621,477,736,641---- 1711 Aselsan Elektronik San. ve Tic. A.Ş.Ankara-1718,136,907,20420-1918,139,524,2577-710,362,719,614 1820 Vestel Beyaz Eşya San. ve Tic. A.Ş.İstanbul-1817,393,409,43819-1820,064,347,721---- 1917 BSH Ev Aletleri San. ve Tic. A.Ş.İstanbul-1915,188,612,03418-1720,365,443,980---- 2038 Sasa Polyester Sanayi A.Ş.Adana-2015,147,767,42023-2215,147,767,42025-233,831,172,213 2129 Yıldız Entegre Ağaç San. ve Tic. A.Ş.Kocaeli-2114,868,906,77324-2315,067,948,202---- 2218 Türkiye Şişe ve Cam Fabrikaları A.Ş.İstanbul-2214,703,260,69021-2016,408,278,82216-156,640,444,025 2328 Borçelik Çelik San. Tic. A.Ş.İstanbul-2314,647,022,11822-2116,137,370,372---- 2425 KARDEMİR Karabük Demir Çelik San. ve Tic. A.Ş.Karabük-2414,251,188,31426-2514,251,188,314---- 2524 Eti Bakır A.Ş.İnebolu-2514,007,829,08825-2414,846,186,5285-511,523,996,591 2622 Vestel Elektronik San. ve Tic. A.Ş.İstanbul-2613,647,964,36228-2713,757,230,863---- 2732 Sarkuysan Elektrolitik Bakır San. ve Tic. A.Ş.Kocaeli-2713,224,459,20629-2813,399,018,51980-761,404,039,890 2831 TUSAŞ-Türk Havacılık ve Uzay Sanayii A.Ş.Ankara-2812,094,011,24732-3112,347,921,989---- 2930 Er-Bakır Elektrolitik Bakır Mamulleri A.Ş.Denizli-2912,005,113,42733-3212,060,899,670---- 3040 Yücel Boru ve Profil Endüstrisi A.Ş.İstanbul-3011,488,218,33134-3312,012,969,159---- 3154 Tatmetal Çelik San. ve Tic. A.Ş.İstanbul-3111,082,495,59937-3511,103,257,762---- 3259 MMK Metalurji San. Tic. ve Liman İşletmeciliği A.Ş.Dörtyol-3211,032,762,83238-3611,034,420,273---- 3327 Aygaz A.Ş.İstanbul-3310,543,478,73430-2913,384,555,69990-851,217,335,134 3444 Türkiye Petrolleri Anonim OrtaklığıPublic1-10,421,783,76335-211,925,968,62422-24,266,199,346 3560 Nadir Metal Rafineri San. ve Tic. A.Ş.İstanbul-3410,219,805,66640-3810,840,592,053----OCTOBER 2022 85 RANKING EquityTotal Assets Profit/Loss for the Period (Before Tax)EBITDAExports Average Number of Wage Employees Rank in ISO Top 500 Industrial Enterprises Rank:(TL)Rank:(TL)Rank:(TL)Rank:(TL)Rank:($ Thousand)Rank:Persons 2021 392-386217,061,6101-178,610,445,67786-83678,200,4952-213,726,753,5273-33,787,55424-215,257 1 11-88,506,575,5329-839,666,035,5676-67,312,902,2675-59,456,187,3101-15,868,2372-212,832 2 ------------------------ 3 ----------------2-23,839,94926-235,149 4 7-518,363,200,65410-932,559,464,5772-217,751,102,0671-117,035,115,29918-17831,41732-284,768 5 332-326-373-365-402-398-493-488-12-12-442-434- 6 1-126,684,084,0504-351,484,396,2361-122,709,503,1723-310,939,036,73524-23630,93317-166,109 7 --------13-123,590,917,5406-68,179,455,0015-52,429,573---- 8 ----------------4-42,764,20312-126,733 9 19-165,226,053,56018-1618,237,201,97712-113,632,918,8258-86,813,776,8827-71,629,44213-136,575 10 35-313,709,942,60142-399,672,242,81535-331,780,697,14320-193,719,205,3949-91,346,73229-254,914 11 ----------------20-19775,725153-1451,462 12 ----------------6-61,980,810---- 13 ------------------------ 14 ------------------------ 15 ------------------------ 16 5-319,742,910,1475-450,801,591,1719-84,608,798,11910-106,557,632,019175-174111,7157-78,735 17 ------------------------ 18 29-264,500,379,81244-419,622,477,827--------14-14975,9828-88,440 19 67-632,301,976,34916-1420,119,872,59648-451,361,801,28626-253,222,984,00238-37409,78435-314,245 20 ------------------------ 21 3-221,928,090,1338-742,296,143,8845-57,516,628,17913-125,565,850,00125-24628,3626-69,226 22 ----------------37-36419,537---- 23 ------------------------ 24 6-419,177,739,73612-1028,671,956,6903-312,514,926,4564-410,622,014,06339-38408,968---- 25 ------------------------ 26 162-156953,025,443107-1004,549,774,21794-91607,132,62980-771,121,470,37922-21714,287259-251836 27 24-214,887,828,0407-642,898,955,248--------43-42359,4934-410,565 28 ----------------17-16870,960293-285703 29 ------------------------ 30 ----------------27-26564,430---- 31 ------------------------ 32 81-762,007,063,35874-696,331,451,211141-138389,373,618112-108777,786,273287-28662,473185-1771,227 33 2-122,068,004,9243-159,207,461,95343-31,602,834,83329-22,743,529,967----51-73,341 34 ------------------------ 3586 OCTOBER 2022 36-70 Rank in ISO Top 500 Industrial Enterprises Enterprises Affiliated Chamber or Public Public Ranking Private Ranking Production-based Sales (Net) (TL) Net Sales Gross Value-Added (at Producers' Prices) 2021 2020 Rank:(TL)Rank:(TL) 3642 Eti Maden İşletmeleri Genel MüdürlüğüPublic2-9,997,494,71142-39,997,780,37915-16,696,197,718 3747 İzmir Demir Çelik Sanayi A.Ş.Aegean Region-359,612,048,61943-409,992,551,040---- 3837 Türk Traktör ve Ziraat Makineleri A.Ş.Ankara-369,557,365,09336-3411,852,602,761---- 3941 Assan Alüminyum San. ve Tic. A.Ş.İstanbul-379,266,786,38544-419,531,982,577---- 4064 Tosyalı Toyo Çelik A.Ş.Osmaniye-389,244,063,81346-439,244,249,367---- 4126 Unilever San. ve Tic. T.A.Ş.İstanbul-399,184,417,19441-3910,677,964,820---- 4250 AKSA Akrilik Kimya Sanayii A.Ş.Yalova-409,044,760,81347-449,214,078,85660-561,822,664,097 4372 Modern Karton San. ve Tic. A.Ş.Çorlu-418,531,342,43551-488,579,089,742---- 4433 Enerjisa Enerji Üretim A.Ş.Kocaeli-428,409,986,00327-2614,080,962,008---- 4552 Kroman Çelik Sanayii A.Ş.Kocaeli-438,383,637,17439-3710,958,417,492---- 4634 Bosch San. ve Tic. A.Ş.Bursa-447,950,086,78931-3012,711,727,570---- 4745 Diler Demir Çelik Endüstri ve Ticaret A.Ş.İstanbul-457,938,128,00154-518,063,242,007---- 4846 Kastamonu Entegre Ağaç San. ve Tic. A.Ş.İstanbul-467,728,330,25258-557,771,034,793---- 4939 Hayat Kimya Sanayi A.Ş.İstanbul-477,679,601,89048-459,005,985,671---- 5036 Eti Gıda San. ve Tic. A.Ş.Eskişehir-487,653,066,61957-547,777,071,465---- 5143 Baştuğ Metalurji Sanayi A.Ş.Osmaniye-497,571,824,28445-429,355,178,978192-187613,515,278 5221 EÜAŞ Elektrik Üretim A.Ş.Public3-7,486,817,83312-126,884,296,291500-8-7,757,901,058 5335 Eren Enerji Elektrik Üretim A.Ş.Zonguldak-507,458,659,19255-527,947,390,019---- 5463 ASAŞ Alüminyum San. ve Tic. A.Ş.İstanbul-517,395,911,06561-587,519,771,621---- 5577 Atakaş Çelik San. ve Tic. A.Ş.Dörtyol-527,325,320,80759-567,658,537,181---- 5657 Toros Tarım San. ve Tic. A.Ş.İstanbul-537,148,194,27360-577,534,038,45051-472,111,833,621 5768 Kaptan Demir Çelik Endüstrisi ve Ticaret A.Ş.İstanbul-546,994,769,60562-597,097,316,188158-153708,508,258 5862 Yazıcı Demir Çelik Sanayi ve Turizm Ticaret A.Ş.İstanbul-556,453,349,62064-616,870,679,359---- 5956 <ROKETSAN Roket San. ve Tic. A.Ş.Ankara-566,390,468,89667-646,416,843,17120-194,354,643,691 6055 BRİSA Bridgestone Sabancı Lastik San. ve Tic. A.Ş.İstanbul-576,207,545,07565-626,792,255,20645-412,443,000,425 6153 Türkiye Şeker Fabrikaları A.Ş.Public4-6,046,336,93568-46,359,699,960354-6280,062,038 6295 Borusan Mannesmann Boru San. ve Tic. A.Ş.İstanbul-586,000,221,04970-666,133,809,96868-641,654,342,075 6351 Coca-Cola İçecek A.Ş.İstanbul-595,921,908,57272-686,003,630,152492-485-1,271,857,957 6448 Konya Şeker San. ve Tic. A.Ş.Konya-605,844,380,56573-695,982,098,919---- 6587 Yeşilyurt Demir Çelik Endüstri ve Liman İşletmeleri A.Ş.Samsun-615,819,778,36974-705,975,873,369107-102948,750,085 6685 Abalıoğlu Yağ San. ve Tic. A.Ş.Aegean Region-625,692,074,72866-636,684,758,173---- 6761 Philsa Philip Morris Sabancı Sigara ve Tütüncülük San. ve Tic. A.Ş.İstanbul-635,680,983,05876-725,727,862,597---- 6888 Posco Assan TST Çelik Sanayi A.Ş.Kocaeli-645,546,529,91580-755,553,369,90775-711,452,649,450 6979 Erdemir Çelik Servis Merkezi San. ve Tic. A.Ş.Kocaeli-655,407,379,16853-508,361,665,714243-238475,682,785 70106 Koç Metalurji A.Ş.Dörtyol-665,352,882,44282-775,416,591,074224-219518,535,027OCTOBER 2022 87 EquityTotal Assets Profit/Loss for the Period (Before Tax)EBITDAExports Average Number of Wage Employees Rank in ISO Top 500 Industrial Enterprises Rank:(TL)Rank:(TL)Rank:(TL)Rank:(TL)Rank:($ Thousand)Rank:Persons 2021 10-38,617,155,37240-39,992,659,8917-15,885,469,05412-15,604,392,65916-1893,53638-54,173 36 ----------------54-53292,296186-1781,226 37 ------------------------ 38 ------------------------ 39 ------------------------ 40 ----------------308-30750,420---- 41 47-433,103,774,35748-459,129,183,46370-67880,674,71332-302,530,077,46244-43359,105168-1601,307 42 ------------------------ 43 20-175,144,544,48420-1816,707,749,506------------271-263799 44 ------------------------ 45 ----------------15-15925,2189-97,540 46 ----84-785,629,932,125--------29-28507,740234-226987 47 ----25-2314,446,004,664--------77-76220,09460-533,050 48 --------------------106-992,100 49 ----100-934,830,167,330--------129-128147,242---- 50 --------393-3895,201,840186-182504,763,10240-39390,464287-279730 51 4-219,897,683,14111-228,708,693,253500-8-7,644,535,742500-8-7,972,190,819----21-25,951 52 16-136,464,804,05233-3112,006,392,641------------187-1791,223 53 ----------------35-34428,110---- 54 ------------------------ 55 37-333,511,698,89465-606,797,439,11039-371,688,256,91241-392,038,400,958157-156124,212352-344524 56 109-1041,493,979,997135-1283,415,843,638124-121454,412,143133-129659,857,25526-25614,179229-221996 57 ----85-795,348,875,753--------23-22640,732292-284705 58 34-303,901,892,79628-2612,749,537,27656-531,109,369,665------------ 59 76-712,103,209,43857-547,954,264,01355-521,109,966,79859-571,576,597,86156-55291,44457-503,115 60 496-8-3,214,316,40292-75,242,477,641492-7-2,143,175,508499-7-997,454,294----22-35,842 61 481-474-922,243,37075-706,271,867,293483-477-1,007,196,80571-681,320,768,52372-71237,066149-1411,526 62 --------49-461,275,473,210----432-4296,766---- 63 ----39-3710,037,885,147--------187-186106,56153-463,296 64 --------129-126419,146,200157-153584,677,03942-41377,767---- 65 ------------------------ 66 ----------------174-173112,054---- 67 489-482-1,878,997,679118-1114,048,806,691471-467-472,456,89076-731,236,882,901111-110162,887359-351498 68 369-363289,363,555129-1223,756,855,230296-292112,275,384181-177518,253,445217-21693,193416-408308 69 206-200756,593,913311-3031,455,183,861164-161336,865,780308-304287,381,400----368-360474 70 RANKING88 OCTOBER 2022 71-105 Rank in ISO Top 500 Industrial Enterprises Enterprises Affiliated Chamber or Public Public Ranking Private Ranking Production-based Sales (Net) (TL) Net Sales Gross Value-Added (at Producers' Prices) 2021 2020 Rank:(TL)Rank:(TL) 7176 Şenpiliç Gıda Sanayi A.Ş.Sakarya-675,342,252,29583-785,413,648,686---- 72118 Ekinciler Demir ve Çelik Sanayi A.Ş.İstanbul-685,330,525,54984-795,347,357,889---- 7382 Petlas Lastik San. ve Tic. A.Ş.Kırşehir-695,206,055,57985-805,233,837,428---- 74109 Modern Oluklu Mukavva Ambalaj San. ve Tic. A.Ş.Çorlu-705,147,246,61488-835,191,285,743---- 75- Afşin Elbistan Elektrik Üretim ve Ticaret A.Ş.Afşin-715,136,181,26769-656,142,789,092182-177637,104,863 76123 Ravago Petrokimya Üretim A.Ş.Aegean Region-725,051,660,36087-825,212,945,495---- 7767 SÜTAŞ Süt Ürünleri A.Ş.Karacabey-734,996,058,49271-676,041,371,003---- 7870 Kazan Soda Elektrik Üretim A.Ş.Ankara-744,914,765,67290-854,987,742,311---- 7969 Gülsan Sentetik Dokuma San. ve Tic. A.Ş.Gaziantep-754,866,176,97491-864,935,707,083---- 8065 Banvit Bandırma Vitaminli Yem Sanayi A.Ş.Balıkesir-764,821,306,39186-815,213,295,73997-921,085,587,665 8166 Türkiye Kömür İşletmeleri KurumuPublic5-4,711,286,52578-55,603,440,93828-33,194,528,780 8299 Kipaş Mensucat İşletmeleri A.Ş.K.Maraş-774,640,979,68996-914,702,183,537---- 83128 Asil Çelik San. ve Tic. A.Ş.Orhangazi-784,625,331,78999-934,657,449,491---- 8484 Sarten Ambalaj San. ve Tic. A.Ş.İstanbul-794,604,758,86894-894,753,969,57692-871,178,575,684 85130 Indorama Ventures Corlu Pet Sanayi A.Ş.Çorlu-804,551,034,291103-974,552,639,318181-176639,324,018 8675 İpragaz A.Ş.İstanbul-814,527,999,54289-845,170,447,949---- 8792 Er Piliç Entegre Tavukçuluk Üretim Pazarlama ve Ticaret A.Ş.Bolu-824,492,942,66075-715,873,491,942---- 8880 Bunge Gıda San. ve Tic. A.Ş.İstanbul-834,437,658,98663-606,920,384,178---- 8974 Çay İşletmeleri Genel MüdürlüğüPublic6-4,404,606,60698-64,657,965,18083-51,314,385,840 90153 İGSAŞ-İstanbul Gübre Sanayii A.Ş.Kocaeli-844,391,885,48352-498,570,082,058---- 91104 OYAK Çimento Fabrikaları A.Ş.Ankara-854,353,021,002109-1034,365,804,661---- 92102 Sanko Tekstil İşletmeleri San. ve Tic. A.Ş.Gaziantep-864,304,478,27597-924,685,283,893---- 9393 Abalıoğlu Lezita Gıda Sanayi A.Ş.Denizli-874,270,900,962107-1014,399,171,352---- 94- -Ankara-88-112-106-31-28- 95186 Tersan Tersanecilik San. ve Tic. A.Ş.Yalova-894,250,870,668110-1044,278,560,13252-482,017,112,093 9671 Bosch Termoteknik Isıtma ve Klima San. Tic. A.Ş.Manisa-904,245,826,968102-964,585,305,377---- 97- Özkan Demir Çelik Sanayi A.Ş.Aegean Region-914,198,253,258113-1074,218,540,19786-811,277,221,367 98111 Tosyalı Filmaşin ve İnşaat Demir Üretim Sanayi A.Ş.İskenderun-924,191,587,989106-1004,412,201,280---- 99131 Mescier Demir Çelik San. ve Tic. A.Ş.Karabük-934,165,440,897100-944,644,608,219177-172646,590,272 100124 Mega Metal San. ve Tic. A.Ş.Kayseri-944,094,054,851108-1024,368,668,379---- 10178 JTI Tütün Ürünleri Sanayi A.Ş.Aegean Region-954,071,960,718115-1084,088,298,8572-220,855,693,303 102146 Kocaer Çelik San. ve Tic. A.Ş.Aegean Region-964,064,128,692111-1054,266,725,902121-116841,718,245 103- -İstanbul-97-50-47-472-466- 10481 İçdaş Elektrik Enerjisi Üretim ve Yatırım A.Ş.Çanakkale-983,968,733,285118-1113,968,733,285197-192587,655,551 10597 Merinos Halı San. ve Tic. A.Ş.Gaziantep-993,925,222,235116-1094,067,092,46284-791,298,981,125OCTOBER 2022 89 EquityTotal Assets Profit/Loss for the Period (Before Tax)EBITDAExports Average Number of Wage Employees Rank in ISO Top 500 Industrial Enterprises Rank:(TL)Rank:(TL)Rank:(TL)Rank:(TL)Rank:($ Thousand)Rank:Persons 2021 ------------------------ 71 260-254571,665,255237-2302,160,388,959--------95-94180,372282-274752 72 ------------------------ 73 ------------------------ 74 277-271519,933,62531-2912,224,714,882367-36322,723,56657-551,601,447,376----110-1032,079 75 ------------------------ 76 82-772,002,982,968104-974,713,116,022--------388-38620,30833-294,383 77 ----56-538,034,342,728----45-431,864,193,48090-89185,584284-276738 78 --------------------77-702,695 79 273-267532,087,749140-1333,329,334,833148-145374,628,642114-110761,313,311199-19898,66425-225,187 80 72-52,226,011,95382-65,695,354,173170-4322,414,26395-4975,718,687----40-64,052 81 79-742,053,574,28060-567,533,923,296--------136-135139,64720-195,989 82 ----------------134-133140,314197-1891,146 83 171-165899,637,75186-805,348,195,400269-265155,383,11594-91985,516,55987-86191,94954-473,278 84 --------116-113493,687,634----110-109163,481---- 85 ------------------------ 86 ------------------------ 87 ----------------317-31647,878398-390403 88 124-61,285,702,83664-56,799,412,858473-5-503,839,607398-5177,681,453424-38,81814-16,493 89 ------------------------ 90 ------------------------ 91 ----------------137-136139,358---- 92 ------------------------ 93 14-11-55-52-11-10-31-29-103-102-174-166- 94 145-1391,076,694,85541-389,951,404,167131-128415,584,437299-295302,214,03133-32433,536258-250846 95 131-1251,197,808,095219-2122,317,103,746--------47-46350,449---- 96 51-472,850,897,18867-626,745,855,641480-474-655,558,116----126-125148,473275-267777 97 ------------------------ 98 354-348324,665,211175-1682,810,476,506443-439-98,541,343183-179511,013,23550-49331,993214-2061,039 99 418-412149,583,303264-2571,834,801,276----279-275333,171,32966-65261,415321-313622 100 99-941,617,828,60779-745,912,363,217143-140383,185,499121-117709,687,572139-138136,204281-273760 101 256-250591,363,526149-1423,152,946,146256-252174,328,339111-107778,681,01363-62275,414297-289694 102 309-303-468-460-371-367-469-464-266-265-498-490- 103 110-1051,482,273,699145-1383,267,611,065151-148368,286,987149-145599,741,094----315-307639 104 475-468-306,872,56978-736,075,713,430478-472-632,891,30387-841,016,192,76157-56290,11227-245,125 105 RANKINGNext >