Ares Shipyard Stride Out in Maritime Industry

Date: Issue 73 - April 2017

Under TOBB’s leadership, Turkey’s fastest growing 100 companies were identified through the cooperation of TEPAV (The Economic Policy Research Foundation of Turkey). The award ceremony was held with the attendance of Deputy Prime Minister Mr. Nurettin Canikli, hosted by TOBB President Mr. Rıfat Hisarcıklıoğlu. Ares Shipyards, an Antalya company which increased its sales by 4,473% in 3 years, and took first place. Companies in the top 100 grew 12 times faster than Turkey. Most of the companies in the list are from Istanbul with the majority in wholesale trade.

Speaking at the awards ceremony, TOBB President Mr. Rıfat Hisarcıklıoğlu stated that the average growth rate of the 100 fastest growing companies in Turkey between 2012-2015 was 438%, and according to contest results, “This is a terrific figure, 12 times higher than the increase in national income in Turkey.”