OYAK unveils 2030 roadmap: target of $60 billion in assets
OYAK General Manager Murat Yalçıntaş unveiled the institution's strategic roadmap at the "Vision 2030" press meeting in Istanbul, targeting $60 billion in assets and $10 billion in exports by 2030.
At a glance
- OYAK General Manager Murat Yalçıntaş shared the institution's Vision 2030 roadmap at a press meeting in Istanbul.
- OYAK aims to reach $60 billion in total assets and $10 billion in export volume by 2030, alongside a workforce of 39,000.
- OYAK defines 2026 as a consolidation period focused on cash generation and operational resilience rather than rapid growth.
- IPOs for certain mature subsidiaries are under consideration as a way to strengthen capital structure and increase portfolio visibility.
OYAK General Manager Murat Yalçıntaş shared the institution's strategic roadmap for the coming period at the “Vision 2030” press meeting held in Istanbul. OYAK, which operates in mining-metallurgy, cement, automotive, energy, chemicals, food, finance, and construction sectors, aims to reach $60 billion in total assets, $10 billion in export volume, and a total workforce of 39,000 by 2030.
Yalçıntaş defined 2026 as a “consolidation period” focused on cash generation and operational resilience rather than rapid growth. “We see 2026 as a threshold where we strengthen our cash generation and operational resilience rather than pursuing rapid growth,” said Yalçıntaş, emphasizing that the institution is building its future projections on selective growth, strong cash flow, and strategic portfolio transformation.
OYAK's portfolio architecture is shaped around infrastructure, energy, high technology, logistics, and mining. Infrastructure investments will form the backbone of the portfolio with predictable cash flow and balance sheet resilience. Energy investments play a decisive role in ensuring the continuity and efficiency of industrial operations. Artificial intelligence and IT technologies offer strong leverage in terms of efficiency, scalability, and competitiveness. In automotive, investments in hybrid engines and electric vehicles are preparing for future technologies.
Economic Contribution and IPO Plans
Providing figures to illustrate OYAK's weight in the Turkish economy, Yalçıntaş stated that OYAK companies alone account for 1.7% of all taxes paid in the country and 2.3% of total exports. The institution holds a leading position in iron-steel and crude steel production, and ranks first in Turkey in automotive exports.
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Currently operating in 24 countries including Turkey, OYAK is focusing on deepening in existing markets rather than geographical expansion in line with its 2030 vision. Exports to more than 115 countries will grow not only in terms of market count, but also in added value, product mix, and sustainable market share. The targeted export volume stands at $10 billion by 2030.
Yalçıntaş noted that IPO options are also on the table for certain subsidiaries that have reached maturity. IPOs are considered a strategic tool to strengthen capital structure, raise corporate governance standards, and make portfolio value more visible. He announced that the portfolio size in capital markets is targeted to increase by at least 50% through IPOs to be carried out in Turkey and abroad.