European Free Zone

European Free Zone

Industry
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The European Free Zone (ASB), one of Turkiye's largest private sector industrial projects, was founded on August 8, 1998. Officially opened in 2003 by Prime Minister Recep Tayyip Erdogan, ASB has, in a short time, surpassed an annual trade volume of $3.5 billion thanks to investments, rising to second place among Turkiye's free zones. Located in Ergene/Tekirdag, at the center of Istanbul, Europe, and major transportation networks, ASB covers an area of ​​2 million square meters and currently hosts 160 companies. Employing over 7,000 people, the zone produces goods for leading global brands.

Designed by Swanke Hayden Cornell Project, one of America's largest architectural groups, the European Free Zone provides its investors with all infrastructure services such as electricity, water, natural gas, wastewater treatment, roads, and communication, all guaranteed by five different quality certifications. In addition to infrastructure services, construction contracting, catering, IT, insurance, maintenance and repair, loading/unloading, warehousing, consulting, private security, conference halls, and more are also offered. The ASB offers investors ready-to-use plots of land, general and private warehouses, offices, open stock areas, and ready-made production facilities on a rental or title deed basis.

The European Free Zone Founder and Operator Inc. (ASB) is a subsidiary of Sahinler Holding, a leading name in the Turkish textile sector. Sahinler Holding, encompassing all aspects of the textile and fashion industry – from cotton to yarn, fabric, dyeing, finishing, printing, garment design, wholesale and retail – reaching the end consumer, is a "Fully Integrated Group of Companies".

The group operates in Turkey, Jordan, Bulgaria, and Egypt with foreign trade, textile, and garment companies, and in Europe and America with wholesale and retail marketing companies. With a total of 12,000 employees, the group indirectly employs approximately 30,000 people. Aiming to maintain its consistent growth performance in the coming years, the group's turnover has exceeded $1 billion. The group's non-textile activities include food, energy, tourism, construction, and free zone management.

References:   European Free Zone Founder and Operator Inc.
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