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İnci Holding Companies on the Rise on the ISO List

İnci Holding Companies on the Rise on the ISO List

Three İnci Holding subsidiaries maintain the group’s steady rise on the Turkey’s Top 500 Industrial Enterprises list announced by the Istanbul Chamber of Industry. Battery giant İnci GS Yuasa has made the greatest leap in the past six years, jumping 58 places to rank 207. Maxion Jantaş rose by 25 places to 355 and Maxion İnci ranks 114.

24 June 2019

İnci Holding, which has been contributing to the economy and development of Turkey for 67 years, maintains a steady rise on the Turkey’s Top 500 Industrial Enterprises list announced by the Istanbul Chamber of Industry with three subsidies: İnci GS Yuasa, Maxion İnci, and Maxion Jantaş. İnci GS Yuasa, a group company with solid growth acceleration, is the export leader in the battery sector and has shown the greatest improvement in the past six years with a leap of 58 places to 207. Maxion İnci, in the meanwhile, has risen to 114 in the top 250. Maxion Jantaş rose by 25 places to 355. The Maxion İnci Wheel Group, consisting of Maxion İnci and Maxion Jantaş, has shown accelerated growth as the only European wheel manufacturer with the widest product range in one location. The Maxion İnci Wheel Group has a production capacity of 12 million wheels, and has recently laid the foundation of a fifth wheel factory.

President of İnci Holding Neşe Gök says, ‘We are proud to rise rapidly on such a prestigious list year after year. In our 67 year history, we have built up İnci Holding’s nine companies, eight factories and 2,800 employees into significant suppliers in the automotive industry and reliable partner to global giants in their sectors. Sixty-five per cent of our output is exported to over 100 countries across the world as we create added value for Turkey and the Turkish economy. That we feature amongst Turkey’s top 500 companies validates our chosen path.’

Gök continues, ‘We have grown by nearly 17% in the last ten years. We closed 2018 with a 45% year-on-year growth on a TL basis. Our 2019 growth target is 30%; to this end, we continue to formulate plans for expansion and investment in all our subsidiaries accordingly. The added value we create at İnci Holding for the development of Turkey will continue to rise in the coming years.’