Etkin Medical Devices has been awarded as one of the fastest growing 100 Turkish companies, with a growth rate of 109% and in the rank of 77th.

AllWorld Network with the leadership of TOBB and TEPAV's support to Turkey's fastest growing companies, the event was conducted to draw global scale attention on "Turkey 100 Project" and the winner was announced. Award went to from T.C. Development Minister Cevdet Yilmaz to General Manager of the company Hasan Huseyin Kara and daughter 2nd generation manager Gizem Kara.

Hisarcıklıoğlu: “Every growing company is an investment to Turkey”

President of TOBB, M. Rifat Hisarcıklıoğlu, said  that thousands of entrepreneurs whom see the right opportunities in every corner of Anatolia are engaged in providing innovation and employment in Turkey and they made these entrepreneurial companies seen with the Turkey 100.

Hisarcıklıoğlu, emphasized that they carried out this project with the cooperation of Harvard University and said "This year we did the second Turkey 100, which will not only pave the way for our successful entrepreneurs in Turkey but also in the world. We will contribute to growth by bringing these companies together with international investors and customers Lets not forget every growing company is an investment to Turkey”

Characteristics of Turkey100

According to the analysis on Turkey's top 100 fastest growing companies balance sheet and interviews conducted with manager below are the results:

The average age of the person who established the companies mentioned in Turkey100  is 31. The average age the founders are in now is 41.

The Turkey100 companies increased the sales revenues between 2010-2012 by average of 371 percent. The total turnover of the companies listed in Turkey100,reached 2,2 billion TL in 2010, 6,1 billion TL in 2012.

The number of employees working in Turkey100 companies increased by 95 percent between 2010-2012. The number of employees working in the listed companies increase from 11,486 in 2010 to 22,472 in  2012. Turkey100 companies provided 10,986 new jobs between the mentioned years.

41 percent of the Turkey100 companies are in busy markets such as machine production, cloud informatics and e-commerce while the rest is in agriculture, constructions and in manufacturing subsectors.

Turkey 100 companies founders are serial entrepreneur. They are not satisfied only with their existing companies and are establishing new ones. 83 percent of the founders are pointing out that they will at least establish a new company within one year. The number of the other companies established by the Turkey100 CEO’s is 196.

The list of Turkey100 shows that entrepreneurship is “contagious”. It is seen that employees working in a Turkey100 company become an entrepreneur themselves. The tendency of becoming an entrepreneur is high with employees working in a fast growing company. Employees working in one of the Turkey100 companies have established 116 new companies.

83 percent of the Turkey 100 companies are looking for additional capital to grow their business 65 percent of the companies looking for additional capital tells that the capital is for investing in a new technology or manufacturing facility.

45 percent of the Turkey 100 entrepreneurs says that greatest obstacle in their growth is to find qualified workers

Turkey100 is from 26 countries

If we look at provincial distribution of Turkey100 the results are as follows: Istanbul (%29), Ankara (%17), Izmir (%9), Kocaeli (%8), Gaziantep (%4), Adana (%4), Mersin (%3), Manisa (%3), Bursa (%3), Hatay (%2), Eskişehir (%2), Kahramanmaraş (%2) ve diğer iller (%14). Birer firma çıkaran diğer iller Uşak, Balıkesir, Çanakkale, Sivas, Çorum, Erzincan, Yozgat, Kayseri, Sakarya, Samsun, Karaman, Batman, Osmaniye and Antalya.