International Operations
From regional power to global competitor
Ülker Group of Companies’ international revenue is around $ 553 million and $250 million of this amount is export revenue while the rest is generated by sales of products manufactured in the Group’s factories abroad.
The group produces biscuits, chocolate, cakes and crackers in Saudi Arabia, Romania, Ukraine, Algeria, Kazakhstan, and Uzbekistan. With the acquisition of Godiva, with factories in USA and Belgium and the completion of the investments in Egypt and Pakistan, the Ülker Group of Companies will be operating ten factories in ten countries.
Ülker Group of Companies forms its strategies according to its mission of moving from being a regional power to being a global brand. Thus the Group’s international investments are of critical importance. Foreign investments are a window opening to the world for our Group, which strives first of all to become a leading and pioneering food group in its region. Through these investments, we are trying to understand the consumers in different locations and to meet their needs with innovative solutions while regarding our factories as regional production and supply centers. For example, the factory in Romania, which started operations in 2005, is Ülker’s doorway to Europe. This facility allows the Group to serve not only Balkan countries but also numerous EU countries. The factory that will start operating in Egypt in 2008 will by our doorway to the African market, which has great potential.
Ülker exports its products to 110 countries – from the Maldives and Curacao to South Africa and Iceland – and it aims to expand its foreign investments to maintain sustainable growth by establishing permanent facilities abroad.