Istanbul Chamber of Industry (ISO) announced Tuesday that Tupras (Turkish Petroleum Refineries Corp.) is Turkey's largest industrial enterprise.
ISO Executive Board Chairman Tanil Kucuk, who announced ISO 2011 report on the 500 largest industrial enterprises of Turkey on Tuesday, said that Tupras became Turkey's largest enterprise with a sales figure of 27.4 billion Turkish lira (one USD equals 1.82 TL).
Tupras is operating four oil refineries with a total of 28.1 million tons annual crude oil processing capacity.
According to its sales figure from production, Tupras stands on top of the list like it did in previous years, and is followed by Ford Automotive (8.5 billion TL), Oyak-Renault (7.3 billion TL), Electricity Generation Corp. (7 billion TL), and Tofas (6.3 billion TL).
These top five companies were followed by Arcelik (6.2 billion TL), Eregli Iron & Steel (5.2 billion TL), Iskenderun Iron & Steel (5 billion TL), ICDAS (4.8 billion TL), and Aygaz (4.5 billion TL).