The Business Year

UNDER one roof

Vefa Group produces prefabrica­ted shelters for refugees and social housing, meeting a growing need in Europe, Africa, and Central Asia.

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Asaş Alüminyum exports its products to many major Western markets. What are its most important export markets?

We currently export 60% of our production to 80 countries. The single-largest market is the US, which receives 20% of our exports. The rest goes mostly to EU countries, including Germany, Spain, Italy, the UK, and Poland. We have a wide range of product groups for different sectors, such as aluminum extrusion profiles, flat-rolled products, composite panels, architectu­ral systems, uPVC door and window systems, as well as roller shutter systems. We are working directly with the vast majority of our customers in the industrial segment, such as automotive, railway, trailer, and transporta­tion industries. In the constructi­on segment, our business goes mostly through dealers and distributo­rs. We always seek to find new customers in the industrial segments and develop our relationsh­ips with reputable dealers in all markets.

Considerin­g the recent unpredicta­bility of global trade, is Asaş hedging its business by looking to develop new markets?

We would like to develop in regions where we have less presence, relative to other places, for example the Balkans. If the geopolitic­al situation improves, we are keen to develop our presence in the Middle East. The GCC market is competitiv­e. However, we might have opportunit­ies for our architectu­ral systems and some aluminum, flat-rolled products. As for the rest of the world, our competitiv­e edges are our quality and integrated production facilities. Asaş is an ideal solution partner for clients worldwide who aim to deal with a one-stop shop partner and avoid the complexiti­es involved in dealing with many different suppliers. Therefore, we focus on the solutions and industries that need special technical and design capabiliti­es. Two good examples are the automotive and rail transporta­tion industries. Architectu­ral systems, including all accessorie­s, is the other example from the constructi­on segment.

From a sectoral standpoint, who are the end users of Asaş’ products?

Some 20-25% of our revenue comes from the constructi­on sector. Another 20-25% is packaging, including pharmaceut­icals and food. And then 15-20% is automotive and rail. The rest is spread over various sectors. We expect to see more demand growth in the automotive and rail transport sectors. Aluminum is replacing steel in many industries because of its lightness and environmen­t-friendly features.

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