Turkey’s dynamic economy is a complex mix of modern industry and commerce along with a traditional agriculture sector that still accounts for more than 35% of employment. It has a strong and rapidly growing private sector, yet the state still plays a major role in basic industry, banking, transport, and communication. The largest industrial sector is textiles and clothing, which accounts for one-third of industrial employment; it faces stiff competition in international markets with the end of the global quota system. However, other sectors, notably the automotive and electronics industries, are rising in importance within Turkey’s export mix. (CIA World Factbook)
Major Turkish owned businesses:
Sabanci Group
The Sabancı Group is Turkey’s leading industrial and financial conglomerate. The Sabancı Group is composed of 68 companies, many of which are recognized market leaders in their respective sectors. The companies of the Sabancı Group currently operate in 18 countries and market their products in various regions of Europe, the Middle East, Asia, North Africa and North and South America.
Koç Group
Koç Group is Turkey’s largest industrial and services group, with leading positions in four core sectors that offer strong growth potential: energy, consumer durables, automotive and finance. Koç Holding operates in the automotive, durable goods, food, retailing, energy, financial services, tourism, construction and IT industries.
