We have been witnessing developments affecting the whole world for a long time. Climate crisis, natural disasters, economic and political developments have all been guiding factors for our business.
 
Last year, we lived through a period of uncertainty and volatility that dominated the business world, the financial sector and households due to such global developments as the Israeli-Hamas war that broke out upon the Russian-Ukrainian war, and high inflation affecting the international and local economy. Though we went through difficult times both in our country and around the world, we kept working in the sectors we operate in without any pessimism and with might and a sense of responsibility towards our society.
 
We successfully coped with these challenging periods thanks to our deep-rooted partnerships in retail and power industries, our long-term strategies, our determination to create value and decisiveness for continuous investment.
 
Shell & Turcas, the flagship of our investment portfolio and our subsidiary in the fuel retail industry, continued its market leadership by serving 1 million guests daily through our nearly 20,000 frontline team members. Our company continued to pioneer transformation in the energy sector by alternative and renewable investments. We carry on installing fast charging stations for electric vehicle users together with TRUGO, a subsidiary of the national electric car manufacturer TOGG.
 
In addition, we contribute significantly to the baseload power demand of our economy through RWE & Turcas’ 800 MW Denizli Natural Gas-Fired Combined-Cycle Power Plant, our flagship asset in the Turkish energy market.
 
We will always strive to lead and be competitive in the industries we operate in within the framework of our corporate governance approach, while taking firm steps into the world of tomorrow with human resources, our most precious capital. I would like to sincerely thank all our stakeholders, Board of Directors, shareholders and all colleagues who walk together with Turcas.

Best regards,

Erdal AKSOY
Chairperson of the Board of Directors