Borusan

Borusan began in 1944 as İstikbal Ticaret, trading in iron, steel and agricultural products. The first industrial enterprise was steel pipe manufacturing in 1958, a business which expanded throughout the 1960s and 1970s into manufacturing industrial machinery, valves for internal combustion engines, and logistics. By 1972, after integrating the steel pipe operations, all Borusan companies were brought together under Borusan Holding. In 1977 Borusan Yatırım was founded, combining Borusan companies operating in steel, distributorship and integrated logistics industries.

In 1984, Borusan Otomotiv became the main distributor of BMW in Turkey, later expanding to distribute Caterpillar earth moving equipment and Land Rover vehicles.

In 1998, Borusan Yatırım went public and Borusan went into partnership with Mannesmann. Its annual steel pipe production capacity rose to 1 million tons, from factories in Gemlik, Istanbul and İzmit. Borusan has a factory in Italy with a production capacity of 32,000 tons per year of cold drawn pipe.

In 2012, Borusan Pipe decided to establish a pipe manufacturing facility with an annual capacity of 300 thousand tons in United States. The facility was opened in Houston two years later at a cost of 150 million dollars.

In 2014, the Borusan Istanbul Philharmonic Orchestra was invited to the BBC Proms classical music festival. The concert was attended by 6,000 people.

Borusan's joint venture with ArcelorMittal, Borcelik, is the biggest galvanized steel manufacturer in Turkey.