ISBAK Took Its Place Among the Largest 500 Companies of Turkey
ISBAK, which is the technological face of Istanbul Metropolitan Municipality transforming into an innovation company from a maintenance company with its new vision, took its place among the largest 500 companies of Turkey in the Fortune 500 Turkey list according to the 2015-2016 data as the fastest growing company.
ISBAK, which brings in added value to the country with domestic solutions it developed for smart cities, takes place among the companies leading the sectors of Istanbul Metropolitan Municipality with the successes it achieved. According to the Fortune 500 Turkey research, which enumerates the largest 500 companies of Turkey according to their balance-sheet numbers and 10th of which was published this year, ISBAK, A Participation Company of Istanbul Metropolitan Municipality, made its entrance to the list, which contains the ranking designating the largest 500 companies of Turkey with the 2016 financial data, for the first time from the 466th row. About the Fortune 500 Turkey:
While Fortune 500 Turkey research, which designates the largest 500 companies of Turkey, shows how far our economy moved forward, it also reveals out how the companies increased their sales, profitability and export despite the challenging conditions. Leading large companies of Turkey are designated and ranked with their basic financial indicators according to their sales volume with the Fortune 500 Turkey, which includes all sectors except financial institutions and holding companies.
The companies in the FORTUNE 500 Turkey list are designated according to the size of their 2016 net sales, and net sales contain the services and other incomes that were acquired concerning the major activities within the year. The financial tables used in the study are obtained from the relevant sources if they are declared to the public, and from the companies if they are not.