Borsan, a leading company in Türkiye’s largest 500 industrial organizations, continues to hold a strong and competitive position in the global market with value-added exports to nearly 100 countries. In 2023, Borsan advanced 78 spots in the TİM (Turkish Exporters Assembly) Top 1000 Exporters list, securing the 383rd position. The company’s export revenues exceeded 75 million dollars, reflecting a 9.4% year-over-year increase. As a global brand, Borsan Cable, accepted into the prestigious TURQUALITY® Program by the Ministry of Industry and Technology, aims to increase its export revenues by 20% in 2024.
With its 40-year legacy, Borsan has established itself as one of Türkiye's top 500 industrial enterprises, conducting value-added exports to more than 80 countries worldwide. In 2023, the company achieved over $75 million in export revenues, reflecting a 9.4% increase compared to the previous year, securing its position among Türkiye's top 400 exporters.
Borsan climbed 78 ranks to secure the 383rd position in the "TIM Türkiye’s Top 1000 Exporters" report for 2023. Accepted into the TURQUALITY® Program with its global brand Borsan Cable, the company aims to achieve a 20% increase in export revenues by 2024.
Doubling Export Growth in 2024
Borsan CEO Arbek Akay highlighted the company’s strong performance despite challenging global economic conditions. “In 2023, a year marked by natural disasters and regional conflicts, as well as a $2 trillion contraction in global trade, we managed to increase our export revenues by 9.4%, exceeding $75 million. I thank all our team members who contributed to this success. As I always emphasize, we are an excellent team, and our greatest strength is viewing every success as a springboard for the next. In 2024, we have set ourselves an even more ambitious goal to more than double our export growth momentum, aiming for a 20% increase compared to 2023 and targeting $90 million in export revenues,” Akay stated.
Market Leadership in Over 10 Countries
Akay emphasized the company’s extensive reach, conducting value-added exports to over 80 countries across four continents. “We are market leaders in more than 10 countries. Over half of our products, manufactured to international quality standards, are directed towards exports. In the coming period, we aim to accelerate export growth, strengthen our presence in global markets, and increase the number of countries where we hold market leadership. Our goal is to maximize the value we provide to our customers, employees, business partners, local communities, and the national economy as a global brand. With the support of the TURQUALITY® Program, we are now much closer to achieving this goal,” he added.
TURQUALITY® Program: Paving the Way to Becoming a Global Brand
Highlighting the significance of being part of the TURQUALITY® Program, Akay said, “We take great pride in crowning the successes achieved during Borsan’s 40-year journey with the TURQUALITY® Program, considered the Champions League of Turkish brands. This prestigious recognition not only underscores our growth but also places a responsibility on us to contribute positively to Türkiye’s image. Our export success in 2023 is a tangible example of our determination and ability to achieve our goals. On our journey to becoming a global brand, we continuously strive for sustained success by improving ourselves,” Akay concluded.
For Information
Süheyla İlhan
PRactice Communication Management
[email protected]
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As Borsan, we prioritize the health and safety of our employees, valued customers, and their families by implementing strict health measures to protect against the COVID-19 pandemic.
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See More
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See More
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See More
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See More
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See More
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See More
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See More
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See More
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See More
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See More
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See More