New strategic partnership on Turkish market
Katowice, Poland – January 02, 2023
Primeore Group represented by Primeore Trading (Polska) Sp. z o.o. entered into a strategic partnership with Ekin Maden Ticaret ve Sanayi A.Ş. (Turkey). The companies will cooperate in delivering of crucial raw materials – bulk ferroalloys – to the companies from steel and metal sectors in Turkey. Primeore will act as a seller while Ekin Maden will be handling marketing and sales activities in Turkey acting in a capacity of an agent.
The steel industry has become one of the most developed sectors in Turkey and today counts as the fourth largest contributor to the Turkish economy. Steel production in Turkey has increased significantly since 2001, growing from 15 million tons in 2001 to 40.4 million tons in 2021. Growth of the industry has been driven by strong domestic consumption, furthermore, Turkish steel manufacturers export to all over the world, due to competitive prices and effective marketing strategies.
“We do believe this is very promising opportunity from two standpoints, the first, the Turkish steel sector has been developing quite impressively for a long time and we think there is huge potential there, and the second, but of course not the least, Ekin Maden is an outstanding company with deep expertise and excellent reputation in the sector what’s definitely a success factor” – says Olena Kurta CEO of Primeore Trading (Polska) Sp. z o.o.
“We are happy about this initiative and hope it will grow into a mutually beneficial and long-lasting cooperation; we are always keen to find and explore new opportunities and we thought this was a perfect cultural and business match since the very beginning” – says Erol Kohen, CEO and Founding Partner of Ekin Maden Ticaret A.S.
***
Primeore Trading (Polska) Sp. z o.o. is a trading arm of Primeore Ltd. which is responsible for handling of all international trading and trading-related operations of the group. The company is involved into operations with manganese ore, ferroalloys, coke and coal products worldwide.
Primeore Ltd. is a holding company managing a group of companies under Primeore Group brand. The group is focused on servicing the needs of ferroalloy and steel industry by delivering hard physical commodities as well as an abundant scope of value-added consulting and managing services.
Ekin Maden Ticaret ve Sanayi A.Ş. is a leading company in Turkey involved into metals and minerals sectors; the company produces and sells various products including but not limited to chrome, zinc, lead, copper ores and concentrates as well as importing and distributing zinc metal, lead metal, copper cathodes/wire rods, and aluminium metal.
Media contacts
For further information please contact office.poland@primeore.eu