SUBSIDIARIES
Positioned as one of the world’s and
Europe’s leading companies in the
glassmaking industry, the Şişecam Group
ranked third to sixth in the world and
second to fourth in Europe, as measured by
production capacity in glassmaking. Taking
the fourth spot in Europe in terms of soda
production capacity, the Group is the world
leader in basic chromium sulphate and
sodium bichromate production.
As of September 2012, Şişecam had total
consolidated assets worth TL 8.5 billion and
TL 5.4 billion in shareholders’ equity.
TELECOMMUNICATION
AVEA
Turkey’s Only GSM 1800 Mobile
Communications Operator
As of year-end 2012, Avea İletişim Hizmetleri
A.Ş. (Avea) controlled a 20% share of the
mobile communications market in Turkey
with approximately 13.5 million subscribers.
According to the company’s IAS-compliant
financial statements, as of year-end 2012,
Avea had total assets worth TL 7,134 million
and TL 4,459 million in shareholders’ equity
on an unconsolidated basis.
Offering its customers innovative, distinctive
and high added-value technology products
and services, Avea regularly invests in
projects to expand its network infrastructure
and to further develop its information
technology and R&D capabilities.
OTHER
NEMTAŞ
Shipping Line Operation and Marine
Transport
Nemtaş Nemrut Liman İşletmeleri A.Ş.
(Nemtaş) is active in shipping line operation,
ship management, chartering and brokering.
The company undertakes its activities in
the logistics business line with a fleet of
five vessels with a total capacity of 252,959
DWT. At end-2012, the company had total
assets worth TL 604 million and TL 481
million in shareholders’ equity.
POSITIONED AS ONE OF
THE WORLD’S AND
EUROPE’S LEADING
COMPANIES IN THE
GLASSMAKING INDUSTRY,
THE ŞIŞECAM GROUP
RANKED THIRD TO SIXTH IN
THE WORLD AND
SECOND TO FOURTH IN
EUROPE, AS MEASURED BY
PRODUCTION CAPACITY IN
GLASSMAKING.
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İŞBANK
ANNUAL REPORT 2012
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