Saturday, July 13, 2024

Industrial Sector Sees Pharmaceutical Companies Shine in Turkiye’s Top 500 List for 2023

Similar articles

The results of the 2023 “Turkiye’s Top 500 Industrial Enterprises” study, which has been identifying the giants of the industrial sectors since 1968, have been released by the Istanbul Chamber of Industry (ISO). Announced by ISO Chairman Erdal Bahçıvan, the study revealed that Tüpraş retained its long-standing leadership position as the largest industrial enterprise in Turkiye with sales from production amounting to 484 billion TL. Ford Otomotiv was the second largest, with sales reaching 238 billion TL.

In this prestigious list, several pharmaceutical companies made notable appearances, highlighting their significant contributions to Turkiye’s industrial sector. Leading the pack is Abdi İbrahim İlaç San. ve Tic. A.Ş. climbed from 117th place last year to 79th this year, with sales amounting to over 14.5 billion TL. Deva Holding A.Ş. also made a significant leap from 231st to 160th place, showcasing robust growth with sales of approximately 8.8 billion TL.

Industrial Sector Sees Significant Gains for Pharmaceutical Companies in Turkey’s Top 500 List

Koçak Farma İlaç ve Kimya Sanayi A.Ş. secured the 217th position, moving up from 222nd, with sales of around 6.8 billion TL. Nobel İlaç San. ve Tic. A.Ş. improved its ranking significantly, moving from 313th to 222nd place, with sales of approximately 6.6 billion TL. Bayer Türk Kimya Sanayii Ltd. Şti. also showed substantial progress, climbing from 355th to 271st place, with sales of about 5.5 billion TL.

Atabay Kimya San. ve Tic. A.Ş. moved from 414th to 321st place, reporting approximately 4.7 billion TL in sales. Polifarma İlaç San. ve Tic. A.Ş. advanced from 448th to 345th place, with sales of around 4.4 billion TL. World Medicine İlaç San. ve Tic. A.Ş. also improved its position, moving from 411th to 378th place, with sales nearing 4 billion TL.

Industrial Sector

New Pharmaceutical Entries Highlight Industrial Sector Growth in Turkey’s Top 500 List

New entries to the list include Santa Farma İlaç Sanayii A.Ş., which secured the 428th position with sales of over 3.4 billion TL, and Humanis Sağlık A.Ş., which entered at 441st place with sales of approximately 3.4 billion TL. Agrobest Grup Tarım İlaçları A.Ş. also made a significant leap from 490th to 433rd place, with sales of around 3.4 billion TL.

The inclusion of these pharmaceutical companies underscores the vital role they play in the Turkish economy. Their advancements and increased market presence signal a promising future for the pharmaceutical industry in Turkiye. The success of these companies reflects the ongoing development and innovation within the Turkish pharmaceutical industry, contributing not only to the health sector but also to the overall industrial growth of the country.

 

Resource: Istanbul Chamber of Industry, June, 2024

You can follow our news on our Telegram and LinkedIn accounts.

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Latest article