- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Ankara Turkey
- IPO Date
- Feb 6, 2023
- Business
- Bulbuloglu Vinc Sanayi ve Ticaret A.S., operating internationally under the BVS Cranes brand, is a Turkey-based industrial machinery manufacturer specializing in the engineering, design, production, installation, and servicing of industrial overhead cranes, specialized process cranes, and heavy steel structures. Founded in 1985 and headquartered in Ankara, Turkey, the company serves a broad range of heavy industries, including iron and steel, energy, mining, automotive, shipbuilding, construction, maritime transport, and defense. The company's core product portfolio comprises single-girder and double-girder overhead traveling cranes; portal, semi-portal, and cantilever gantry cranes; column and wall-mounted jib cranes; heavy-duty metallurgical ladle and charging process cranes; grab and magnet-equipped industrial cranes; explosion-proof ATEX-certified cranes; shipyard and container handling portal cranes; electric wire rope hoists, chain hoists, and open winches; crane kits, end carriages, and motorized transfer carts; and custom heavy structural steel components. Complementing its manufacturing operations, the company provides comprehensive lifecycle services, including turnkey engineering design; PLC automation and drive system integration; on-site installation and commissioning; crane modernization, refurbishment, and capacity upgrading; non-destructive testing and structural inspection; and worldwide aftermarket technical support and spare parts distribution. Bulbuloglu Vinc operates major manufacturing plants in Ankara, including advanced facilities in the Baskent Organized Industrial Zone, and exports to dozens of countries across Europe, the Middle East, the Americas, Africa, and the Commonwealth of Independent States, supported by subsidiaries such as Bulbuloglu Celik Endustrisi Sanayi ve Ticaret A.S. In recent developments following its initial public offering on Borsa Istanbul under the ticker BVSAN, the company has undertaken substantial capacity expansion initiatives through new production line investments in Ankara, expanded its export footprint into high-margin European and North American industrial markets, introduced advanced automated and smart crane monitoring systems, and secured multiple high-value international supply contracts for heavy metallurgical and energy infrastructure projects.