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Ülker
Turkish multinational food manufacturer
Turkish multinational food manufacturer
| Field | Value |
|---|---|
| name | Ülker Bisküvi Sanayi A.Ş. |
| logo_size | 200px |
| type | Anonim Şirket |
| traded_as | |
| foundation | |
| founder | Sabri Ülker |
| Asım Ülker | |
| location | Istanbul, Turkey |
| area_served | Worldwide |
| key_people | Ali Ülker (Chairman) |
| Mehmet Tütüncü (CEO) | |
| industry | Food processing |
| products | Baby food, breakfast cereals coffee, confectionery, dairy products, ice cream and soft drink |
| revenue | US$2.30 billion (2024) |
| operating_income | US$388 million (2024) |
| net_income | US$218 million (2024) |
| assets | US$2.76 billion (2024) |
| equity | US$950 million (2024) |
| num_employees | 10,154 (2023) |
| parent | Yıldız Holding |
| subsid | {{Collapsible list |
| homepage |
Asım Ülker Mehmet Tütüncü (CEO) |Biskot Bisküvi Ülker Çikolata Sanayi A.Ş. İstanbul Gıda Atlas Gıda Birleşik Dış Ticaret A.Ş. Atlantik Gıda Rekor Gıda Godiva Belgium BVBA G New Inc.}}
Ülker is a Turkish multinational food and beverage manufacturer based in Istanbul, Turkey. Its products are exported internationally, to 110 countries. Ülker's core products are biscuits, cookies, crackers, and chocolates, although it has expanded to other categories.
Ülker received the "Candy Company of the Year in Europe" award from the European Candy Kettle Club in 2004.
In 2016, Yıldız Holding transferred 51% of Ülker's shares to its new global business Pladis.
History
Ülker was founded in 1944 by Sabri and Asım Ülker, two brothers whose parents immigrated to Turkey from Crimea, commencing operations in Istanbul as a small bakery. A factory was opened in 1948. Ülker expanded in the 1970s to exporting to the Middle East market, chocolate manufacturing, and packaging. By the end of the 20th century, Ülker was manufacturing margarine, vegetable oil, and dairy products. In 2002, Ülker diversified into carbonated beverages and in 2003 added Turkish coffee, ice cream, and baby food to its product range. In 2003, it introduced Cola Turka, a competitor to Coca-Cola. The advertisement for Cola Turka featured actor Chevy Chase, and according to local sources Coca-Cola cut 10% off its prices due to the success of the Cola Turka launch. In 2015 Ülker disposed of its drinks business.
Parent company Yıldız Holding employed more than 41,000 people and was the fifth on the list of the most successful manufacturers in Turkey in 2001. Ülker sales reach $1.5 billion internationally.
Fulya Banu Sürücü was appointed as the CFO of the company on January 3, 2022.
References
References
- "Summary of Financial Figures". Ülker.
- "Ulker Annual Report 2023". Public Disclosure Platform.
- "2019 First Quarter Report". Public Disclosure Platform.
- "Chevy Chase does Turkish Cola ads aimed at Coca-Cola and Pepsi".
- "European Candy Kettle Club - Ülker ceremony".
- (7 June 2016). "Yildiz Holding Splits Pladis into Separate Company". [[The Wall Street Journal]].
- (25 September 2015). "Turkey's food giant Ülker takes on another Japanese partner, DyDo Drinco".
- "Ülker Group: From a biscuit baker to a sales billionaire".
- Gazete, Banka. (15 November 2021). "Ülker'de üst düzey atama". Gazete Banka Haber.
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