Gübretaş
| Founded | 1952 |
|---|---|
| Revenue | US$1.31 billion (2023) |
| US$106 million (2023) | |
| Total assets | US$1.18 billion (2023) |
| Total equity | US$616.19 million (2023) |
Gübretaş is a Turkish fertiliser manufacturer founded in 1952,[1] which has over 30% of the market to agriculture in Turkey.[2] It sells products such as humic acid.[3] It is now mostly an agricultural co-operative[4] but a quarter of its shares are now on the Turkish stock market,[5] and it is a BIST 30 company.[6] It is at risk from the EU Carbon Border Adjustment Mechanism.[7] Land confiscated from İpek Holding after the failed 2016 coup, containing gold reserves, was sold to Gübretaş.[8] In 2023 the mining facility was opened by President Erdoğan,[9][10] and the company said that it aims to mine 2.5 tonnes a year in two and a half years time.[11] Gübretaş Mining is the subsidiary that will do so - and in 2023 a team of their miners supported rescuers after the 2023 Turkey–Syria earthquake.[4]
References
[edit]- ^ "Nourishing the Soil, Feeding the Nation - Architecture". e-flux. Retrieved 2023-02-02.
- ^ "GÜBRETAŞ". Fertilizer Daily. Retrieved 2023-02-19.
- ^ "How to Buy Humic Acid?". Turkish Coal Operations Authority.
- ^ a b "Turkey and Syria earthquake: Co-ops mobilise to support those affected". Co-operative News. 2023-02-09. Retrieved 2023-02-19.
- ^ "Hakkımızda" [About us]. Gübretaş (in Turkish). Retrieved 2023-02-19.
- ^ "Turkey reports major gold discovery". Hürriyet Daily News. 23 December 2020. Retrieved 2023-02-02.
- ^ "Climate Change and Sustainability Research: Outlook on BIST 30 Companies". Sürdürülebilir Ekonomi ve Finans Araştırmaları Derneği (SEFİA) – Sustainable Economics and Finance Research Association. Retrieved 2023-02-02.
- ^ "Erdoğan government grants legal immunity to corrupt loyalists who run unlawfully confiscated companies". Nordic Monitor. 2022-05-06. Retrieved 2023-02-10.
- ^ "President Recep Tayyip Erdoğan attended Gübretaş Maden Yatırımları A.Ş Söğüt Gold Mine Facility Opening and First Gold Casting Ceremony". Justice and Development Party.
- ^ "Presidency Of The Republic Of Turkey : "We have turned Türkiye into a center of production and trade in its region"". Cabinet of Turkey. Retrieved 2023-02-19.
- ^ Salih, Yasemin (29 January 2023). "Söğüt Altın Madeni üç fazdan oluşacak... Yılda 400 milyon dolarlık ithalatı önleyecek" [Söğüt Gold Mine will consist of three phases... It will prevent 400 million dollars of imports per year]. Hürriyet (in Turkish). Retrieved 2023-02-19.