The origins of Borusan, which has become one of the leading industry and service groups in Turkey, date back to 1944 when İstikbal Ticaret was founded. Although steel has always been the primary business interest of Borusan in time the company diversified and began to engage in other business areas with the intent of creating synergy with its present activities. Today Borusan’s primary business interests include steel, distributorships, logistics, energy, and telecommunications. In all business areas in which Borusan is actively engaged in management has set a target of becoming a market leader or a close follower.
Borusan Holding, as a corporate parent, is responsible for the overall management and control of the group and its companies. The management of each Borusan company is handled as an independent strategic business unit in accordance with its particular market and shareholder structures. In addition to providing strategic leadership for the group Borusan Holding also seeks to maximize the synergies created among the Group’s companies as well as the effective sharing of human and information resources by making available all necessary tools and systems that are needed for the successful accomplishment of all operations. Creating the financial resources needed to safeguard the long-term strength and success of the Group, as well as ensuring that existing resources are appropriately and effectively deployed, rank among the holding company’s most important responsibilities
In 2006 Borusan Group signed the United Nations’ Global Compact Policy and it supports and adheres by the principles of “good corporate governance” and “sustainability” as a prerequisite of long-term and permanent components of success.
The principles of Good Corporate Governance are brought to life using the following management models and processes:
• Lean 6 Sigma
• Management of Voice of the Customer
• Contemporary Human Resources Practices
• Value-Based Management
• Strategic Planning
• Strategic Communication Processes