Goltas Goller Bolgesi Cimento Sanayi ve Ticaret A.S.
BBIST:GOLTS223.40
TRY
-1.20
(-0.53%)
ISIN
TRAGOLTS91F0
Return %
Stock
S&P 500
1Y
-30.67
14.20
3Y
-19.93
81.12
5Y
491.01
68.34
Capital Structure
TRY
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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
- Neslihan Demirel
- Full Time Employees
- 527
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Istanbul Turkey
- IPO Date
- Mar 6, 1995
- Website
- goltas.com.tr
- Similar Companies
- Business
- Goltas Goller Bolgesi Cimento Sanayi ve Ticaret A.S. is a Turkey-based building materials manufacturer engaged in the production, distribution, and marketing of cement, clinker, ready-mixed concrete, and aggregates, as well as renewable power generation. Founded in 1969 and headquartered in Isparta, Turkey, the company operates integrated cement manufacturing plants, raw material quarries, automated concrete batching facilities, and industrial energy assets. The company manufactures and supplies a specialized portfolio of construction materials and industrial solutions, comprising: Portland cement grades, including CEM I 42.5 R, CEM I 42.5 N, and high-early-strength CEM I 52.5 R; Portland composite and blended cements, including CEM II/A-M, CEM II/B-M, CEM II/A-LL 42.5 R, and CEM II/B-LL 32.5 R; pozzolanic and sulfate-resistant cements, including CEM IV/B (P) 32.5 R and CEM I 42.5 R-SR5; Portland cement clinker and sulfate-resistant clinker; standard, high-durability, and high-strength ready-mixed concrete formulations ranging across standard and custom compressive strength classes from C16/20 to C50/60; graded crushed stone, gravel, and sand aggregates; and electric power generated via hydroelectric power plants and industrial waste heat recovery installations. Through its operating units, the company also provides bulk cement delivery, specialized ready-mixed concrete pumping services, and raw material extraction. The company structures its operations into three primary business segments: Cement and Clinker, Ready-Mixed Concrete, and Energy Generation. Goltas conducts its ready-mixed concrete manufacturing and regional distribution through its subsidiary, Goltas Hazir Beton Yapi Elemanlari Sanayi ve Ticaret A.S., which operates a network of modern batching plants, transit mixers, and concrete placing equipment. Its energy division, operated through subsidiary Goltas Enerji Elektrik Uretim A.S., manages renewable electricity assets, including the Esen hydroelectric power plant facilities. In addition, the company maintains strategic equity participations in Orma Orman Mahsulleri Integre Sanayi ve Ticaret A.S., an affiliated producer of wood-based particleboard, MDF, and melamine-faced interior panels. Goltas serves residential developers, commercial builders, civil engineering contractors, and public infrastructure projects. Geographically, the company primarily serves domestic markets across the Mediterranean, Aegean, and Central Anatolia regions of Turkey—with major commercial presence in Isparta, Antalya, Burdur, Denizli, Afyonkarahisar, and Mugla—while exporting surplus clinker and packaged cement to international markets across the Mediterranean basin, the Middle East, and Africa through regional sea terminals. In recent operational and strategic developments, Goltas Goller Bolgesi Cimento Sanayi ve Ticaret A.S. has executed significant capital optimization and green transformation initiatives to enhance cost efficiency and meet international environmental standards. The company executed a major bonus share capital increase from internal equity reserves, significantly strengthening its paid-in registered capital base to support ongoing capital expenditure programs. To mitigate industrial electricity costs and reduce its carbon footprint, Goltas implemented multi-phase self-consumption solar photovoltaic power plant (SPP/GES) installations across its production facilities and expanded its waste heat recovery (WHR) power generation capacity. Operationally, the company has modernized its rotary kiln and grinding mill automation systems, increased the substitution rate of alternative fuels and biomass to reduce fossil fuel dependence, and expanded commercialization of low-clinker, eco-friendly composite cements aligned with European Green Deal decarbonization requirements. Furthermore, Goltas has expanded its ready-mixed concrete batching network and modernized its distribution fleet to support accelerated infrastructure and urban renewal projects throughout southwestern Turkey.