Gübretaş
Fertilizer company in Turkey
From Wikipedia, the free encyclopedia
Gübretaş is a Turkish fertiliser manufacturer founded in 1952,[1] which has over 30% of the market to agriculture in Turkey.[2] It sells products such as humic acid.[3] It is now mostly an agricultural co-operative[4] but a quarter of its shares are now on the Turkish stock market,[5] and it is a BIST 30 company.[6] It is at risk from the EU Carbon Border Adjustment Mechanism.[7] Land confiscated from İpek Holding after the failed 2016 coup, containing gold reserves, was sold to Gübretaş.[8] In 2023 the mining facility was opened by President Erdoğan,[9][10] and the company said that it aims to mine 2.5 tonnes a year in two and a half years time.[11] Gübretaş Mining is the subsidiary that will do so - and in 2023 a team of their miners supported rescuers after the 2023 Turkey–Syria earthquake.[4]
| Founded | 1952 |
|---|---|
| Revenue | US$1.31 billion (2023) |
| US$106 million (2023) | |
| Total assets | US$1.18 billion (2023) |
| Total equity | US$616.19 million (2023) |
