In this period, when inflation and exchange rates tend to increase, the export figures of our group companies are high, and foreign currency sales have a significant share in domestic sales. The fact that most of our input costs are in foreign currency and our intensified foreign currency-based investment expenditures have increased the importance of foreign currency position, inventory turnover and long-term ECA loans for us. You have been doubling the growth in the last 2 years. How is the situation in dollars? If you deduct the dollar increase, our annual growth rate is not below 50 percent. Where does the biggest contribution to growth come from? All of our companies continue to grow within themselves. Here, the biggest growth comes from SASA as a percentage. For example, while the turnover rate of SASA within the group was 66 percent in 2021, it has now increased to 70 percent. Producto Oficial in Official Videogame(s) of CORINTHIANS © Manchester United Football Club Limited 2023 All rights reserved.
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Erdemoğlu said, ”There is also a base effect of foreign currency in our growth, but our real growth rate is also quite high. Our investments and production increases have a significant impact on this growth. Given that we will grow at the same pace in 2022, I predict that we will reach 45 billion TL in turnover.” Erdemoğlu also reveals with figures that the group doubles its turnover on a dollar basis every 10 years and says, ”Our Investments continue all the time. We do not invest what we earn from companies to other areas, we invest it in our own business. This investment in Yumurtalık will be the biggest investment that Turkey has made,”. Erdemoğlu Holding Chairman of the Board of Directors, İbrahim Erdemoğlu answered our questions as follows: How did the pandemic go for the Erdemoğlu Group? In the early days of the pandemic, there was a 1.5 -2 month shutdown across the country. We shut down all our businesses except SASA. At SASA, we also produce fiber raw materials for the health sector. Vavada kumarhane 333.
We can reach $1.2 billion. Compared to the first 2 months of last year, the increase in exports of SASA is 92 percent. Then, 2022 is the year of growth for you. Every year we have the year of growth, we do not stop. What are the goals of the Erdemoğlu Group in the next 5-10 years? Let me give you an example from the past if you want. Our turnover in 1983 was 250 thousand dollars.
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