EuroWire May 2021

Corporate News

▲ Cokyasar has started production of steel wire in Albania

Taking experience further afield

Cokyasar Holding was founded by Ahmet Cokyasar in 1973. Despite the pandemic in 2020, it manufactured 180,000 tons of steel wire products in three modern facilities. 70 per cent of its products are exported to more than 80 countries. The company is now taking its experience in the sector abroad, with a new factory in Albania – CWI Albania – which has already started to manufacture steel wire. Cokyasar Holding is aiming for a manufacturing capacity of 45,000 tons of steel wire at its Albania facility. It will manufacture zinc alu steel wires and standard galvanised steel wires in a 1 to 5.5mm diameter range, to international standards.

CWI will supply steel wires to sectors including energy, auto- motive, construction, agriculture, gabionmanufacture and security. Erman Korkusuz, CEO of Cokyasar Holding, said, “We are going on our investments despite the global pandemic problem. CWI – Cokyasar Wire Industries is an investment needed for European and Balkan countries. We are proud of supplying this need with our Turkish based company.” The company plans to accelerate its other foreign investments with the success of CWI. Cokyasar Holding www.cokyasarholding.com.tr

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May 2021