Borlease Otomotiv AS
BBIST:BORLS2.73
TRY
-0.02
(-0.73%)
Borlease Otomotiv AS
BIST:BORLS
(Istanbul Exchange)
Recent
price
2.73
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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- Business
- Borlease Otomotiv AS is a Turkey-based automotive leasing and mobility solutions provider that specializes in long-term operational fleet leasing, short-term vehicle rental, second-hand vehicle trading, and integrated fleet management services. Founded in 2013 and headquartered in Istanbul, Turkey, the company operates as a key automotive subsidiary of Bor Holding, serving corporate enterprises, small and medium-sized businesses, and retail customers nationwide. The company delivers a comprehensive portfolio of mobility products and services categorized into primary business activities: long-term operational fleet leasing, providing multi-year passenger and light commercial vehicle leases bundled with full-service maintenance, tyre replacement and storage, periodic inspections, motor insurance administration, substitute vehicle logistics, and 24/7 emergency roadside assistance; short-term car rental operations, conducted primarily through the Sixt rent a car master franchise in Turkey across major international and domestic airports as well as city center branches; second-hand vehicle sales and remarketing, overseeing the valuation, refurbishment, and resale of retired fleet vehicles to dealers and individual buyers; and connected mobility solutions, encompassing telematics-based fleet tracking, automated fuel management systems, toll payment integration, and digital fleet reporting platforms. In recent developments, Borlease Otomotiv completed its initial public offering on Borsa Istanbul in October 2023 under the ticker BORLS to accelerate fleet growth and strengthen capital structure. The company has subsequently advanced its sustainable mobility strategy by incorporating electric and hybrid vehicles into its leasing portfolio, rolling out electric vehicle charging infrastructure under the Estasyon brand, expanding the geographical footprint of its Sixt rental network, and upgrading its proprietary digital fleet management platforms to enhance operational efficiency.