Turkey Country Page

Turkey

Cargill entered the Turkish marketplace in 1960 with local partners, and from 1986 has been operating under its own name. Cargill has been active in Turkey since 1960 through a local partnership agreement and commenced trading as Cargill in 1986. The company has nearly 300 employees in four locations in Turkey - in Baglarbasi-Istanbul, Yarımca, Orhangazi and Pendik Vanikoy.

The Cargill Turkey head office, which opened in 1992, is located in Istanbul. Cargill operates in four major sectors – food, finance, oilseeds and steel.

Cargill has activities in the following areas in Turkey:

• production and sales of starch and starch derivatives

• grain and oilseed trading

• trading and distribution of steel mill consumables and products

• value investment

Recent Cargill investments in Turkey

2002 - Cargill acquired Cerestar - a leading provider of starch and starch derivatives – and with it Cerestar’s 50 percent shareholding in Pendik Industry (PNS) and its corn wet milling plant in Istanbul.

2000 - Cargill commences production at its wet corn milling facility in Orhangazi.

1999 - Cargill began operating a grain storage silo and port facilities in Yarimca in cooperation with Rota Denizcilik ve Ticaret A.S.

1997 - Cargill began its iron and steel trading operations in the country.

1994 - The Emerging Markets Division is established to operate in financial markets.

1992 - The new head office is opened in Istanbul.

1989 - Cargill purchases Vanikoy maize wet corn milling facility located in Pendik Istanbul to produce glucose sweeteners and starches.

Contact Information

Cargill Tarim ve Gida Sanayi Ticaret A.S.
Cargill Gida Hizmet ve Ticaret Ltd. Sti
Baglarbasi, Kisikli Caddesi No 4
A Blok Bolum 8-9-11
34662 Uskudar Istanbul
Turkey
Tel: 90-216-554-1800
Web: Cargill Turkey

Cargill Europe Limited
Knowle Hill Park
Fairmile Lane
Cobham
Surrey
KT11 2PD
England
Tel: +44 1932 861000
Fax: +44 1932 861200

| (updated September 5th, 2008)