PRIVATE COMPANY; YEAR ESTABLISHED: 1988
REVENUE: $380 million
Architectural coatings; Adhesives; Industrial coatings; Thermal insulation; Wood coatings
Gozde Akpinar , chairman of the board; Tayfun Kucukoglu, board member and GM; Mert Erdog, VP supply chain; an Gökhan Güner, VP of Finance
Betek Boya ve Kimya Sanayi AS, whose name is the combination of the first syllables of the Turkish words “Beton” (concrete) and “Teknoloji” (technology), was founded in 1988. Betek entered the decorative paints industry in 1993 through its technological cooperation with DAW, which owns 26 percent of the company. Betek was the first Turkish paint company that commenced production with a European partner. Betek has been the market leader in the industry with its multi-brand strategy which is being delivered to more than 5,000 retail outlets. The company currently has approximately 1,175 employees. Betek has four manufacturing facilities, three of which are located in Turkey and one in Cairo, Egypt. Betek has been at the forefront of adopting environmental protection and health standards of European Community since 1993 for all its products manufactured.