LICENSED WAREHOUSE INVESTMENTS CONTINUE TO INCREASING ULUSOY UN'S BUSINESS VOLUME

LICENSED WAREHOUSE INVESTMENTS CONTINUE TO INCREASING ULUSOY UN'S BUSINESS VOLUME

• 05.01.2018

Ulusoy Un, which commissioned its licensed warehouse investment at the beginning of 2017, increased its sales significantly. The company, which increased its sales by 61% in the first half of 2017 compared to the same period of the previous year, aims to invest in warehouses with a new license in 2018.

Ulusoy Un President of the Board Eren Günhan Ulusoy noted that they plan to increase their share in the global market with the licensed warehouse investment that they will put into operation in 2018. Ulusoy underlined that the companies that exported 3.6 million tons of flour in 2017 will increase this figure even more with the licensed warehouse to be established in 2018. Noting that they serve in the sector with their two factories with a wheat processing capacity of 900 tons per day, Ulusoy stated that they achieved a sales revenue of 826 million TL in the first half of this year.

It Will Increase Daily Capacity to 1,500 Tons

The company, which currently exports flour to 82 countries on five continents, increased its gross profit, which was 34.2 million TL in the first half of 2016, to 53.9 million TL in the same period of 2017. Pointing out that they have achieved a significant leap in transaction volumes with the licensed warehouse that he put into operation in Corum in 2017, Eren Günhan Ulusoy announced that they will commission another licensed warehouse investment in Sorgun, Yozgat, which is at the license stage, in 2018. On the other hand, the company, which will start its new production facility in Samsun Food OIZ in the second half of 2018, will increase its daily production capacity from 900 tons to 1,500 tons.

This news was published in World Newspaper on 04.01.2018.