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Katmerciler enters into Russian Market.

29.7.2011

Providing services on roads of more than 40 countries with its manufactured vehicles, Katmerciler - leader in on-board equipment sector in Turkey - issued representative authority in Russia and Azerbaijan. 

A pioneer and leader company in the national on-board equipment sector with its 25 years experience, Katmerciler has taken another significant step towards the aim to expand on international markets. Based on its decision to enter the Russian market for the first time, the Company targets to increase its business volume in Azerbaijan, where it is already present. Katmerciler issued representative capacity to LLC Tverkommash in Russia and Capital Motors MMC in Azerbaijan. 
Exporting to more than 40 countries in four continents, from Germany to Iraq, Sweden to Saudi Arabia, Portugal to Nigeria and Cameroon, Katmerciler maintained its title of sector export leader with an export figure of 26 million TL in 2010. Planning to rapidly increase export revenues having a share of 42 percent in 2010 endorsement, Katmerciler moves on to become a regional brand in its sector. 
Went public in November 2010, Katmerciler is in trade in stock market as the single representative of its sector (KATMR). Katmerciler is one of the three companies in the world which went public in the sector.
Giving a statement on agreements towards new markets, Mehmet Katmerci, General Director and Chairman to Board of Directors of Katmerciler, said, "We will increase the strength of our company in the international area, with our representative companies in Russia and Azerbaijan. Our efforts towards our target to render Katmerciler a brand at a regional level gives us enthusiasm. Vehicles produced by our company are today on the roads of a wide geography, from Balkans to Caucasus, Middle East to North Africa, Europe to Asia and Turkic Republics. Each new production and sales we perform in the international area with our dynamic structure shall create an added value not only for Katmerciler but also for the national economy."
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