KARDEMİR, under the leadership of Chairman of the Board Ismail Demir, is committed to bolstering "local and national" production in Türkiye. The company's focus includes highlighting KARDEMİR Casting Machine Industry and Trade Inc. (KARDÖKMAK) through boutique studies and casting for intricate parts and high-quality alloys.
Demir emphasizes the imperative of venturing into value-added productions such as rail, wheel, and axle, with plans to integrate further into Türkiye's industrial landscape. The company is also dedicated to environmentally friendly production, investing in technology and integrating the ERP system's subsequent phases.
KARDEMİR, led by Ismail Demir, envisions the establishment of small Technopark offices in Istanbul and Ankara, fostering collaboration and capitalizing on the University's technological contributions. The company anticipates contributions from the Technology Park and affiliated companies to advance iron and steel production.
The strategic collaboration extends to affiliated companies, particularly KARDÖKMAK and KARÇEL, underlining a focus on high-alloy, high-quality steel and materials for the defense industry. KARÇEL is expected to implement solutions for steel construction buildings on both domestic and international fronts.
Despite challenges in 2023, KARDEMİR, steered by Ismail Demir, achieved a third-quarter profit surpassing 1.2 billion liras, with expectations of further growth by year-end. Plans for the 2024 budget include substantial investments, coupled with ongoing enhancements to the rolling mill and meticulous coordination of the entire production chain.
Demir underscores the pivotal role of investments in ensuring a successful new year, emphasizing efficiency in undertaking necessary measures. The company is also exploring avenues related to its energy production and contemplating the integration of solar energy solutions.
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