- CEO
- Murat Idris Sela
- Full Time Employees
- 3,243
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Çukurambar Mahallesi 1480 Ankara AN Turkey 06530
- IPO Date
- Jul 17, 1987
- Business
- OYAK Çimento Fabrikalari A.S. is a leading Turkish cement and construction materials manufacturer engaged in the production and sale of clinker, cement, ready-mixed concrete, and lime. The company operates seven factories and sells across seven geographic regions in Turkey and abroad, serving major national infrastructure projects such as highways, airports, and hydroelectric power plants. Founded through the merger of five public cement companies in 2020, it is headquartered in Ankara, Turkey. Its product portfolio includes portland cement, clinker, ready-mix concrete, lime, and paper bags for cement packaging, reflecting vertical integration in its operations.
Recent major company changes include the strategic merger of OYAK Concrete into OYAK Çimento Fabrikaları A.Ş. in late 2023 to simplify operations and improve efficiency, and a significant partnership with TCC Group Holdings, one of the world's leading cement conglomerates, which strengthened OYAK's global footprint in Europe, Asia, and Africa. In 2024, OYAK Çimento invested substantially in sustainability initiatives, allocating TRY 622 million to renewable energy, alternative fuels, environmental protection, and energy efficiency, supporting its Net-Zero commitment. Additionally, the company completed the merger with Denizli Çimento Sanayii T.A.Ş. in mid-2023, further consolidating its market position. OYAK emphasizes innovation, sustainable production technologies, and operational integration across its segments.
OYAK Çimento targets primarily the construction and infrastructure sectors, serving both domestic and international markets. It holds certifications for quality, environmental management, and occupational health and safety, underlining its commitment to high operational standards. With a production capacity of around 3 million tons of cement annually, the company continues expanding its market reach and enhancing its product offerings to maintain leadership in Turkey’s cement industry while growing its global presence through strategic alliances and mergers.