Great increase in the production of products such
Zirve Bolt A.S. Our fasteners sector, in which we contribute greatly to the production of washers, has achieved a significant growth in Europe.
Explaining that 2018 was a successful year for them, Fasteners Industrialists and Businessmen's Association (BESİAD) President Mustafa Tecdelioğlu pointed out that while exports increased, they also decreased imports, and stated that foreign dependency is gradually decreasing. Tecdelioğlu said that Turkey is the third largest producer in Europe after Italy and Germany.
Stating that the market size reached 1 million tons when the import and export figures were added together, Tecdelioğlu said, “While there was 600 million dollars of imports a few years ago, we reduced it to 230 million dollars. This year, we started to produce parts that we had to import until now. External dependency is declining. At the same time, our exports are increasing. We will complete 2018 with an increase of 25 percent with 500 million dollars, and we will reach 135 thousand tons on the basis of tonnage. Our goal is to increase exports to 1.5 billion dollars in 2023," he said.