LOAN TO ÜLKER BİSKÜVİ FROM THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT
Ülker Bisküvi renewed the 75 million Euro loan agreement, with the European Bank for Reconstruction and Development (EBRD)
Ülker Bisküvi renewed its loan agreement with the European Bank for Reconstruction and Development (EBRD) amounting to EUR 75 million, which expired in April 2023. The new agreement is the first sustainability-linked loan agreement between Ülker Bisküvi and the European Bank for Reconstruction and Development (EBRD).
Speaking at the signing ceremony, Ülker Bisküvi CEO Mete Buyurgan said: “I would like to thank the European Bank for Reconstruction and Development for their trust in us and our country in this sensitive period. We give importance to this loan as is related to sustainability; since our establishment, we have been carrying out our activities with the "zeo waste company" model, keeping our sustainability efforts at the center of our business. While we are growing without an increase in carbon emissions, we produce projects in line with our goals, especially in water and energy efficiency, reducing waste, protecting food, human resources, sustainable raw material supply and production quality.
Emphasizing the EBRD's focus on sustainability, EBRD Agricultural Industry Sector Team Director Natalya Zhukova said: “Sustainability should be at the center of all sectors. At the EBRD, we are ready to support all companies pursuing greener goals. Ülker is one of the important companies of the food industry and we believe that this loan will be effective in further strengthening the sustainability references of the company. We aim for this collaboration to set an example for all industry players and to create a transformative impact across the industry.”
Ülker Supports “Atalık Kavılca” Wheat with Limited Edition Product
Ülker, a leading food company in Türkiye known for its commitment to sustainable raw material sourcing, has introduced a limited edition product called "Saklıköy Kavılca Buğday," made with Atalık Kavılca Wheat, one of Anatolia's oldest agricultural products with a history dating back 13,000 years....CLICK FOR MORE
Ülker invest in supplementary food products
A new brand from Ülker: Everwell Ülker, which stepped into the food supplement industry for the first time with "Pastil", further strengthens its claim in this category with the "Everwell" brand. Food supplement products developed by Ülker in cooperation with TÜBİTAK and released under the Everwell brand will be sold with a widespread distribution strategy....CLICK FOR MORE
Ülker's 2022 Sustainability Report has been published
Ülker, operating with a waste-free company model since established, has published its 2022 Sustainability Report. Ülker meets approximately 43% of its electricity consumption from renewable sources, and has initiated a carbon management program that encompasses the entire value chain, from sustainable raw material sourcing to packaging management, logistics, and waste recycling. The company continues its efforts to control greenhouse gas emissions in all areas with the goal of becoming a "net zero company by 2050. ...CLICK FOR MORE
Ülker announced its first half-year financials
Ülker Bisküvi closed the first half of 2023 with a sales revenue of 19.6 billion TL. The share of Turkiye operations in the sales revenue was 66%; while, the share of export and international operations in the sales was 34% ...CLICK FOR MORE