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AN INSPIRATIONAL BUSINESS SUCCESS STORY - AN OVERVIEW OF YILDIRIM HOLDING
Mehmet Şevket Erol1; Yavuzhan Kaya2
1Yilmaden Holding, Istanbul, Turkey; 2Yilmaden Holding A.Ş., Elazıg, Turkey

PAPER: 494/Summit Plenary/Regular (Oral) OS
SCHEDULED: 11:10/Mon. 21 Oct. 2024/Marika A

ABSTRACT:

The foundations of YILDIRIM Group date back to 1963, when the late Garip Yıldırım established a modest construction materials trading company called Garip Yıldırım and Sons in Samsun, located in the northern region of Türkiye.

The Group has continuously broadened its focus through new subsidiaries since its establishment. By entrepreneurship and constant innovation, it has evolved into an industrially diversified group of companies as well as one of the fastest-growing Turkish industrial groups since 2005.

YILDIRIM Group is a family-owned business, held 100% privately by the YILDIRIM Family. Since 2018, brothers Ali Riza Yıldırım and Robert Yüksel Yıldırım are managing the company's operations, after the losses of founder Garip Yıldırım and brother of the second generation Mehmet Yıldırım in 2017.

YILDIRIM's business structure ensures passionate motivation for sustainable growth as well as quick and sound decision-making capabilities. YILDIRIM Group embarked on international trade first time in 1993, importing coal directly from Russia. 15 years later, the company completed its first international acquisition in Sweden in 2008.

Following the breakthrough, YILDIRIM Group has grown to become a global force based in Istanbul and Amsterdam with operations 56 countries on 5 continents, employing more than 25,000 people. Actively growing its business in 9 different industries such as metals and mining, port management, fertilizers and chemicals, energy, shipping and logistics, international trade, energy commodities, construction and real estate, financial investments.