TABAN GIDA RANKS 196 IN THE CAPITAL 500 RANKING
Taban Gıda ranked 196th in Türkiye’s Top 500 Private Companies (2020) research by Capital, Türkiye’s most prevalent national economy magazine. As a young company, Taban Gıda, the industry leader in the last 5 years among private companies operating in the wheat supply market in Türkiye, is advancing with the goal of being among the leading suppliers in the global market as well as in the domestic market.
Claiming its strength and success by being among Türkiye’s Top 500 Private Companies, Taban Gıda is acting with an aggressive growth strategy in the agri-food supply industry. Taban Gıda, which was ranked 246th last year, rose 50 ranks this year to 196th place. Stating that they are very content to be ranked 196th in Capital’s Top 500 Private Companies of Türkiye (2020) research, Taban Gıda CEO Hasan Hacıhaliloğlu said: Taking part in a list of top 500 companies which are identified a thorough research and that are closely monitored by corporate world, is very important in terms of materialization our success. I hope that we will continue to be on the list in the years to come. We are going through a difficult period for the entire world. We made more efforts to respond quickly to the need and successfully survived 2020. Wheat has been key product of last year and this year. Production-consumption balances changed, and countries started to stockpile more. And clearly, we have started to experience the effects of climate change in recent years. Although wheat production is expected to increase worldwide in the 21/22 season, a decrease in agricultural production is expected due to drought caused by climatic conditions, and a significant loss of yield is expected in Türkiye.
Although 2021 will be a difficult year under these conditions, we plan to keep the impact of risks at a minimum by turning to new strategies and markets and to close this year with growth. Sustainable agriculture and combating climate change are always at the top of our strategies.”, he said. With a strong capital structure, Taban Gıda plans to grow by 25 percent by the end of 2021.
Taban Gıda aims to boost their power in the industry by making production and logistics investments that will support the supply chain in the next 5 years. Taban Gıda, which traded 1.6 million tons of wheat last year and reached a net sales figure of 2,543,366,669 TL, aims to increase its transit trade volume from three hundred thousand tons in 2020 to 1.5 million in 2021. Operating in nearly twenty countries in the Asian, African, and European markets and supplying grain, feed group and oilseeds, and particularly wheat, Taban Gıda plans to grow by 25 percent at the end of 2021 with its strong capital structure. Taban Gıda, which trades with multinational, regional, national, and local suppliers based on trust and quality, plans to develop the industry with new service approaches and innovative solutions and to make new investments in this field.