Astor Energy increases exports by 43 percent

Astor Energy's export figures were determined at the level of 138 million dollars as through September, which represents an increase of 43 percent.

Astor Energy continues its success as Turkiye's leading domestic transformer and switching products manufacturer. Among the countries to which Astor Energy exports, the European Union countries stand out with 46 percent. Middle East and North Africa countries follow with 21 percent.

While the company's local customer database continues to expand, its share in total sales has reached 34 percent.

Yusuf Geçgel, Member of the Board of Directors of Astor Energy Inc., said the following on the subject: "Astor Energy increased its exports in dollar terms from 97.4 million dollars in 2022 to 138 million dollars with an increase of 43 percent as of September 2023. As Astor, we foresee that our exports in 2023 will exceed 200 million dollars. We are working with all our strength to contribute to the development of our country's exports and to reach the export target. We see exports as the most important opportunity for the growth of our country's economy. While increasing our export rates, on the other hand, we intend to determine new export strategies and reach the amounts we target."