News - 2013

Brisa Bridgestone Sabancı to Evaluate Passenger Car Tire Plant Investment Opportunities in Turkey

2013/09/19

Tokyo (September 19, 2013) - Bridgestone Corporation today announced that Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş. (Brisa), Bridgestone's affiliated company, is evaluating the future investment of a new passenger car radial tire plant in Turkey. In addition to the company's existing tire plant in İzmit which manufactures passenger car radial tires, truck and bus radial tires etc., the new plant would be the company's second manufacturing facility in Turkey. As part of the evaluation process, Brisa will begin evaluating potential sites for the plant.

Turkey has a high rate of growth in GDP, and a sound demographic composition (population of approximately 75 million/average age of 28.8 years). Additionally, tire demand in Turkey is expected to grow in the future. Brisa was established in 1988 as a joint venture with Sabancı Holding, Turkey's leading industrial and financial conglomerate. Over the past 25 years, Brisa has implemented a number of business activities closely linked to the market in Turkey. Moving forward, Brisa will continue to build a manufacturing and distribution system that will deliver products to our customers in a more efficient and timely manner.

1. Company name
2. Establishment
3. Location
4. Representative
5. Capital

6. Ownership

7. Net sales
8. Operating income
9. Number of employees

: Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş.
: 1988
: Istanbul, Turkey
: Hakan Bayman　(CEO)
: 305,116,875 Turkish lira (As of the end of December 2012)
Listed on the Istanbul Stock Exchange
: Bridgestone Corporation 43.63%
Hacı Ömer Sabancı Holding A.Ş. 43.63%
Others 12.74%
: US$794,000,000 (January to December, 2012)
: US$78,000,000 (January to December, 2012)
: 1,745 employees (As of the end of December 2012)

About Bridgestone Corporation:
Bridgestone Corporation, headquartered in Tokyo, is the world’s largest tire and rubber company. In addition to tires for use in a wide variety of applications, it also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods. Its products are sold in over 150 nations and territories around the world.