Eczacıbaşı Holding is a Turkish industrial group of companies founded in 1942. As of 2023, the Group’s 50 companies employ more than 13,500 people, operated 40 production plant, and generate a combined net turnover of TL 33 billion.
Significance and Impact
Eczacıbaşı’s core sectors are building products, pharmaceuticals, consumer products and natural resources. Additionally, the group is active in finance, and real estate. Eczacıbaşı has nationwide distribution networks for pharmaceuticals, building products and fast-moving consumer goods. Internationally, Eczacıbaşı is known for its flagship VitrA brand, a contender in global bathroom and tile markets. It is also an exporter of tissue paper, pharmaceuticals, and industrial raw materials such as clay, lead, zinc and feldspar.
International expansion is a central component of Eczacıbaşı Group’s growth strategy. Over the last two decades, Eczacıbaşı has acquired a number of prominent international brands in its core business fields and established new plants for building products, tissue paper and radiopharmaceuticals in a variety of geographies. In 2022, revenue generated in markets outside of Turkey accounted for 59 percent of total sales.