- Business
- Gersan Elektrik Ticaret ve Sanayi A.S. is a Turkey-based electrical equipment manufacturer and engineering solutions provider specializing in the design, production, and distribution of power transmission, energy distribution, and electrical protection systems. Founded in 1980 and headquartered in Istanbul, Turkey, the company operates manufacturing plants in Istanbul and Caycuma, Zonguldak, alongside an international production facility in Oman and sales offices across the Middle East, Central Asia, and Europe. Gersan Elektrik serves diverse sectors including commercial construction, heavy industry, renewable energy, transportation infrastructure, data centers, healthcare, and defense, exporting its products to approximately 120 countries worldwide. The company provides a comprehensive portfolio of electrical hardware and smart energy systems, including: busbar trunking systems for low- and medium-voltage power distribution; cable management and carrier systems, comprising perforated and solid-bottom cable trays, heavy-duty cable ladders, wire mesh trays, and structural brackets; earthing, grounding, and lightning protection equipment; modular distribution panels, switchboards, and 19-inch rack cabinet systems; electric vehicle charging infrastructure developed under the G-Charge brand, encompassing intelligent AC and high-power DC fast-charging stations; building automation and energy management systems driven by the proprietary G-Bus power-line communication technology; LED-Bus integrated industrial and commercial lighting solutions; underfloor trunking, screed ducting, and raised-floor distribution boxes; and photovoltaic solar mounting structures alongside custom steel support systems. Additionally, the company delivers turnkey engineering, project design, supervision, and commissioning services for large-scale utility and industrial installations. In recent developments, Gersan Elektrik advanced its international capital market strategy following the approval of its cross-trading application on the OTCQX Best Market in the United States under the symbol GERLF, augmenting its primary listing on Borsa Istanbul (BIST: GEREL). The company also executed a targeted capital increase through private placement agreements involving Izgi Holding, which expanded its strategic equity interest in the enterprise, and initiated an active corporate share repurchase program to optimize its capital structure while continuing to scale manufacturing capacity for high-demand electric mobility and smart grid infrastructure solutions across regional and global markets.