TÜPRAŞ tops For­tune 500 list

Lubricant World - - PANORAMA -

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.

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