TÜPRAŞ tops Fortune 500 list
Turkish Petroleum Refineries Corporation ( TÜPRAŞ) tops the Fortune 500 Turkey survey, which is carried out for the 12th time this year, including all sectors except for financial institutions and holding companies. TÜPRAŞ increased its net sales by 64.1 percent to 88.5 billion liras. The company was in the top of the list last year.
Another company that retained its ranking in the list is the Energy Exchange Istanbul ( EXIST). The company increased its net sales by 55 percent and maintained its second place with 63.8 billion liras. Respectively, EXIST is followed by Petrol Ofisi, Turkish Airlines, BOTAŞ, OPET, Ford, BİM, Arçelik and Shell.
Total net sales of 500 companies in the list increased by 31.84 percent to 1 trillion 588 billion 380 million liras. Considering the fact that the PPI in 2018 is 33.64 percent, net sales decreased by 1.35 percent in real terms.