Akcoat Maintains Strong Growth Through Innovative Investments

Operating globally for nearly 50 years and placing R&D and customer satisfaction among its top priorities, Akcoat maintained strong growth in 2024. The company achieved consolidated revenue of more than USD 118 million and export revenue of approximately USD 70 million, generating around 61% of its revenue from export sales. Over the past year, Akcoat also continued its social responsibility projects at full pace, touching people’s lives—particularly in the region where it operates—and creating new opportunities for young people.

Serving more than 65 countries across six continents, Akcoat met with representatives of the Sakarya local media at an iftar dinner hosted by Acting General Manager Ömer Semiz. At the gathering held at the Richmond Nua Hotel in Sakarya, Semiz shared the company’s achievements from the previous year and its vision for the future.

Ömer Semiz stated that Akcoat had completed 2024 by continuing to grow strongly thanks to its dynamic structure and corporate governance approach, and said:
“Last year, we built our growth plans around making the best use of our existing capacity, reducing costs and strengthening our competitive advantage in the market. Sluggish global and local markets, high interest rates and economic uncertainty pointed to a contraction in sales. We responded by developing efficiency-focused strategies with sustainable growth as our goal. Through initiatives aimed at lowering fixed unit costs, we sought to build a foundation that would reinforce both our profitability and competitiveness over the long term. As a result, even in this challenging year, we succeeded in achieving consolidated revenue of more than USD 118 million.

At the same time, our investments in R&D, digitalization and innovation strengthened our international position and enabled us to move forward decisively on our path to leadership. With export revenue approaching USD 70 million, approximately 61% of our revenue comes from export sales. We supported our contribution to the Turkish economy and employment through our continued achievements both at home and abroad,” he said.

We Know Every Region Has Its Own Dynamics, Needs and Aspirations

Semiz noted that Akcoat also continued to respond sensitively to the needs of society and make a difference through social responsibility projects. He said: “We know that every region has its own dynamics, needs and aspirations. At Akcoat, we take these dynamics into account and do not hesitate to take responsibility. Through our social responsibility projects, we aim to touch the lives of people in our region, create opportunities for young people and help them look to the future with hope. For example, through various internship programmes, we support students in putting their theoretical knowledge into practice. We believe that investing in young people means building the future of our region. We will continue to develop new social projects for our community.”

We Contribute to the Local Economy Through Employment Opportunities in Our Region

Emphasizing that Akcoat’s employment policies are not focused solely on efficiency and profitability, Ömer Semiz said: “For us, employment is not just a number; it is a life story. Every new job means bringing a smile to a family and helping a young person realize a dream. Through the 500 jobs we create in our region, we indirectly contribute to nearly 2,000 household members. In this way, while supporting the local economy, we also help people build their lives in their own hometowns. The hundreds of colleagues working at our production facilities are proof that Akcoat is not only a workplace, but also a community of solidarity.”