


We’ve all followed a dream, an ideal, and come to where we are today. We’ve built our identity with the strength and spirituality we draw from our roots. I grew up in a family of farmers and teachers. This shaped my outlook on life and my vision for the future. In 1987, I took the first steps in my business life by establishing my sole proprietorship. Today, I know that we owe our standing as one of the most recognizable brands in agriculture and food to our family-owned business and to our colleagues who have worked tirelessly for 35 years. Dedicated to the value of the land and the labor of farmers, we have reached this point with our solution-oriented approach, our commitment to every promise we make, and our ethical values. We proudly carry the Grainturk name, the symbol of our corporate culture, both domestically and internationally. By investing every profit in agriculture, adding value to the fertility of our soil, we have made the sustainability of agriculture the focal point of our operations. As we grow, we have set our focus on enhancing our country’s fertility and protecting our national values, and we have increased our investments to ensure the safe storage of agricultural commodities. Considering the changing global landscape, we integrated green energy policies into our business models to ensure a sustainable legacy for future generations. While closely following technological advancements, we were thrilled to see many new concepts enter our lives and businesses. We quickly adapted to new business models and integrated global developments into our own business. The pandemic, which has impacted the entire world, changed our lifestyles, and brought new dimensions to business dynamics, has undoubtedly led us to better understand the importance of food and agriculture. Our warming world has also made us more aware of the threat of drought. Unfortunately, the drought that began in 2020 also caused significant losses in agriculture. With our green energy policies, we were able to ensure the continuity of agricultural production and minimize the negative impacts of changing climate conditions. Through our investments in licensed warehousing aligned with our green energy policy, we provided significant support to Turkish agriculture in preventing supply and logistics constraints in agricultural production. We have focused our efforts on the field to ensure the safe storage of our country’s agricultural production and to protect the labor of our farmers. We explained licensed warehousing to our farmers and stored the products they produced with great effort in our warehouses. We also provided licensed warehousing services to the Turkish Grain Board (TMO), which is responsible for ensuring agricultural product price stability in our country.
As a company, we have worked diligently to ensure that farmers, their production, labor, and food are valued. We understand very well that production is a challenging and demanding process. Likewise, we also value the effective use of our resources. Therefore, we have conducted information and awareness campaigns for our farmers on more efficient and modern production, irrigation, and seed use. We have shared our experience with them to ensure the fertility of our lands continues for generations. The price increases in agricultural commodities resulting from the expansion of the global economy have significantly increased the turnover and profitability of the products we trade. Our experienced colleagues, who monitor international markets daily, harvest status in producing countries, international agricultural commodity tenders, TMO policies, and published reports, have made effective decisions. As Mustafa Kemal Atatürk said, “A merchant is someone whose hands and intelligence are entrusted to the value of the nation’s labor and production, and who must demonstrate their worthiness in this trust.” Under the extraordinary circumstances we have been experiencing, we have worked tirelessly to value the labor of all farmers we could reach in Turkey. Instead of importing agricultural products, we have focused our energy on domestic product trade to develop domestic production, ensure the profits of Turkish farmers, and ensure the sustainability of Turkish agriculture. Acting with the awareness that domestic production is a significant economic asset, we have begun fruit production in our own gardens to return the power we derive from our land to our own land. By also carrying out export processes, we have become a full-fledged part of agricultural production. In addition to our dedicated agricultural activities, we are experiencing renewed excitement with another investment that will add value to human life. We have begun work to transform the Shopping Mall in İskenderun, a long-standing investment tool, into a more productive space. We are delighted to share with you this step we have taken to provide the largest and most luxurious business center in its location with the NEW TOWER Business and Life Tower.
In this period of high economic activity, we are meticulously managing our risks and taking important steps to manage potential problems we may encounter. By prioritizing the use of TÜRİB (Turkish Securities Depository) in sales transactions, we have minimized our collection risk and maturities by processing transactions through the Central Registry Agency in the spot market. We have updated our customer risk profiles and implemented our sales in accordance with the new policies we have established.
As Grainturk, we will continue to grow both domestically and internationally, continue our investments, and bring the labor and dedication of Turkish farmers to the world with a success story dedicated to agriculture. Agriculture is perhaps more prominent and demonstrating its value than ever before in our country and globally. While maintaining our consistent growth, we will continue to reinvest our earnings in agriculture and bring its abundance to the soil. I extend my heartfelt gratitude to our valued customers, suppliers, colleagues, their families, and all our stakeholders who have supported us throughout this process.
With love and respect,
Murat İçcan
Chairman of the Board