Celik Halat ve Tel Sanayii A.S.
BBIST:CELHA24.60
TRY
+1.88
(+8.27%)
ISIN
TRACELHA91G1
Return %
Stock
S&P 500
1Y
187.72
14.20
3Y
192.53
81.12
5Y
2,051.81
68.34
Capital Structure
TRY
•
in mil. unless spec.Working Capital
TRY
•
in mil. unless spec.Growth Rates
TRY
•
in mil. unless spec.Quarterly Revenue
TRY
•
in mil. unless spec.Quarterly Earnings Per Share
TRY
•
in mil. unless spec.Quarterly Dividends Per Share
TRY
•
in mil. unless spec.Company Description
- CEO
- Banu Küner
- Full Time Employees
- 355
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Kocaeli Turkey
- IPO Date
- Jan 10, 1986
- Website
- celikhalat.com.tr
- Similar Companies
- Business
- Celik Halat ve Tel Sanayii A.S. is a Turkey-based industrial manufacturer specializing in the production and distribution of high-carbon steel wire ropes, prestressed concrete strands, spring wires, and galvanized industrial steel wires. Founded in 1968 and headquartered in Kartepe, Kocaeli, Turkey, the company operates within the basic materials and fabricated metal products sector, serving diverse global industries including construction, civil infrastructure, automotive, energy, mining, maritime, elevator systems, agriculture, and general engineering. The company's comprehensive product portfolio comprises steel wire ropes, including multi-strand crane ropes, high-tensile elevator hoist ropes, offshore and maritime mooring lines, mining extraction ropes, aerial ropeway cables, and oil and gas drilling ropes; prestressed concrete steel strands and single wires, featuring seven-wire low-relaxation strands, plain wires, and indented wires engineered for bridge spans, viaducts, precast concrete components, high-rise buildings, silos, and transportation infrastructure; industrial spring wires, including unalloyed patented cold-drawn spring steel wires designed for mechanical springs, automotive suspension components, and bedding and seating systems; galvanized and ungalvanized high-carbon steel wires, comprising armor wires for power and telecommunication cabling, high-pressure hydraulic hose reinforcement wires, bead wires for tire manufacturing, and agricultural trellising wires; and specialized rigging accessories, technical testing, splicing, and load inspection services. Celik Halat ve Tel Sanayii A.S. maintains integrated manufacturing operations in Kocaeli encompassing wire drawing, patenting, galvanizing, stranding, and closing lines, serving both domestic and international markets across more than 50 countries in Europe, North America, the Middle East, and Africa under quality and technical certifications including API Spec 9A, Lloyd's Register, Bureau Veritas, and ISO standards. In recent company developments, previous majority owner Dogan Sirketler Grubu Holding A.S. completed the sale and transfer of its approximately 69.83% controlling equity stake in Celik Halat ve Tel Sanayii A.S. to a consortium led by Artas Insaat Sanayi ve Ticaret A.S. and Betatrans Lojistik Insaat Taahhut Madencilik Ticaret A.S. Following the change in ownership and executive management, the company executed registered capital increases on Borsa Istanbul to strengthen working capital and fund modernization programs, invested in new production line technologies for high-performance compacted and plastic-impregnated steel ropes, expanded low-relaxation prestressed concrete strand capacity to meet rising global infrastructure demand, and realigned export distribution networks to accelerate international market penetration.