İbrahim Erdemoğlu, Chairman of the Board of Directors of Gaziantep's Erdemoğlu Holding, becomes Anatolia's most effective third figure.

Growth lunge to continue

Erdemoğlu Holding that accessed the polyester sector six years ago by acquiring 51-percent of the shares of the Sabancı Holding's Sasa and that presently has 1,1 billion-dollar size continues to undersign new resolutions as led by İbrahim Erdemoğlu. Having converted the crisis into an opportunity during the course of the pandemic, Erdemoğlu has girded its loins to produce the raw material of polyester as well. The Group that is planning to make an investment in PTA production, which is the raw material of polyester, has included an additional investment into its agenda for wall-to-wall carpet production, aiming to increase its efficiency in the carpets sector. İbrahim Erdemoğlu, Chairman of the Board of Directors of the Erdemoğlu Holding, states that they are going through the pandemic process as a period in which they will complete the current investments and accelerate new ones. İbrahim Erdemoğlu says that as the holding, they will continue to grow through new initiatives in terms of both turnovers and employment.

Source: Economist Magazine

Date: 26 July 2020