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ERDEMİR GROUP - MILESTONES

1960

1970

1980

1990

2000

2010

1960

Ereğli Demir ve Çelik

Fabrikaları T.A.Ş. (Erdemir)

established in 1960, pursuant

to a special item of legislation

for its establishment.

1961

Excavation and

construction work started for

the Erdemir plant.

1965

Erdemir started production on

15 May with a un-processed

steel capacity of 500 thousand

tons.

1972

Erdemir’s un-processed

steel capacity was raised

to 800 thousand tons with

intermediate extension

investments.

1978

Erdemir’s un-processed

steel capacity was raised to 1.5

million tons following 1st stage

expansion investments.

1983

Un-processed steel

capacity increased to 1.7

million tons following 2nd

stage expansion investments.

1986

Erdemir shares

commenced trading on the

stock exchange with the

opening of the İstanbul Stock

Exchange.

1987

Un-processed steel

capacity was raised to 2 million

tons after the completion of

additional investments.

1996

KAM I and KAM II

projects were completed,

taking Erdemir’s un-processed

steel capacity to 3 million tons.

1997

The 2nd Rolling Mill

facilities entered operation.

Yeni Liman, Turkey’s biggest

port on the Black Sea coast,

entered operation.

1999

Erdemir’s tin and chrome

coating facility was brought

into service. (Capacity: 250

thousand tons/year)

2000

Flat steel production

exceeded 3 million tons.

2001

Erdemir Mühendislik,

Yönetim ve Danışmanlık

Hizmetleri A.Ş. was

established.

Erdemir Çelik Servis Merkezi

San ve Tic. A.Ş. entered

operation with an annual

capacity of 150 thousand

tons/year in Gebze.

Erdemir broke an export

record, selling 1.1 million

tons of steel products.

2002

İsdemir was acquired.

The LBE steel plant, with

an annual capacity of

108 thousand tons, was

acquired in Romania.

2004

Divriği-Hekimhan

Madenleri San. ve Tic.

A.Ş. was acquired and its

title changed to Erdemir

Madencilik San. ve Tic. A.Ş.

Erdemir achieved the

Competency Level in

Excellence in the European

Quality Award and won the

National Quality Award in

the Large Scale Companies

category.

2005

The tender process

regarding the privatization

of Erdemir was initiated on

May 30, 2005.

2006

Privatization process

for Erdemir was completed

when publicly owned

shares were transferred to

OYAK Group on February

27, 2006.

Erdemir was ranked first in

the Management Category

in the EU Environment

Awards, Turkey Program.

The First slab was

produced within the scope

of modernization and

transformation investments

in İsdemir.

2008

Erdemir started

operations of the no. 1

”Ayşe” New Blast Furnace,

which was solely the work

of Erdemir engineers and

workers right from the

project phase through

to its construction and

commissioning.

İsdemir produced its first

flat processed steel coil

at its Hot Rolling Mill with

an annual capacity of 3.5

million tons, established

within the scope of

modernization and

transformation investments.

2011

İsdemir’s 4th blast

furnace was commissioned.

The Ermaden, Ekinbaşı plant

started operations.

2012

New steel service

center entered operation in

the Ersem, Ereğli facilities.

Erdemir’s Environment

Management Process -

Environment Performance

Index and Sustainability

Activities were chosen as

one of the best practices

in “The Election of Best

Practices in the field of

Sustainable Development

and Green Economy in

Turkey competition” carried

out within the scope of

Support Project to prepare

Turkey for the 2012 UN

Sustainable Development

Conference (Rio+20).

Erdemir’s environmental

practices were among the

best practices to represent

our country in Rio. These

activities were represented

in the Rio+20 UN

Sustainable Development

Conference carried out

in Rio de Janeiro in Brazil

between June 20-22, 2012.

2013

Erdemir’s Head Office

relocated to İstanbul.

2014

Erdemir Asia Pacific

Pte. Ltd. was established to

carry out the procurement,

marketing and sales

activities in the Asia-Pacific

region, as a 100% Erdemir

participation.

Erdemir gave the sector

its Turkey’s first steel R&D

center to be approved by

the Ministry of Science,

Industry and Technology.

Erdemir 2020 vision was

determined.

181

ERDEMİR GROUP

2014 ANNUAL REPORT