Armed with a vision to become one of the most successful companies in Turkey, Tosyali Holding has become one of the world’s largest iron and steel manufacturers.
Because of the company’s long history in the industry, dating back to 1952, Tosyali Holding was able to expand its business and strengthen its global presence, specifically in Japan. Due to its various achievements throughout the course of its business, Tosyali Holding formed a joint venture in 2012 with Japan’s Toyo Kohan Co., which is one of the leading companies in manufacturing high-tech steel products.
As the two companies strengthen their bonds, Tosyali Holding sees an opportunity to develop its products as it continues to expand its operations abroad.
“The Japanese view of product development enables Turkish businesses such as Tosyali Holding to market value-added products, helping us extend the reach of our presence in different regions across the globe,” said Fuat Tosyali, chairman of Tosyali Holding.
The success of the group increases the investment appetite of Japanese companies in terms of cooperation for African investments with Turkish companies.
“By combining Turkish companies’ regional experience with Japan’s technological skills, our countries can develop successful joint projects in Africa in the future,” said Tosyali.
Despite the sectoral challenges and economic recession continuing all over the world, the company remains optimistic on conducting business in Africa thanks to the investments it has made in Algeria.
“Ever since we invested in Algeria, Tosyalı Holding started to adapt to its culture and values,” Tosyali said.
The company feels that this move will not only help its operations in the region, but also in other countries across the globe.
“We believe that by doing this, we are not only making industrial investments in the countries where we invest, but we are also strengthening our ties with them as we meet the social needs of their people,” concluded Tosyali.