Page 18 - ADT AUGUST 2021 Online Magazine

NO STOPPING! being a family.” [ IDEF SHOW PREVIEW ]

The new conditions brought by the
pandemic have completely reshaped
the ways of doing business around
ASELSAN’S GOAL IS TO REDUCE TURKEY’S the world that have been accus-
DEPENDENCE ON IMPORTS BY PRODUCING HIGH- tomed to for decades. The fact that
this change took place at an unac-
STANDARD TECHNOLOGICAL PRODUCTS AND SERVICES customed speed negatively affected
IN ALL AREAS IT OPERATES companies that were unprepared in
terms of infrastructure and human
Jay Menon resources. Aselsan has been a
change leading company for many
Turkish defence giant Aselsan’s bear for our country, in 2020, when years and invested in qualified human
revenue increased last year by 24 the negative effects of the pandemic resources, which it sees as its most
per cent, reaching around six billion are felt in every field, our motto was valuable asset. “With approximately
Turkish Lira (US$2 billion), as the "Aselsan does not stop, cannot stop!" 1,500 employees, who joined our
company signed export contracts and we did not stop our activities for Aselsan family in 2020, we further
worth over US$450 million. The net a single day. We have implemented strengthened this ring of values and
profit of the company reached 4.5 bil- a very effective decision mecha- completed the year with the high-
lion with an increase of 33 per cent nism within Aselsan since the first est employment rate of all time,” he
compared to the previous year. effects of the pandemic began to added.
appear. While observing the needs
Aselsan’s acceleration in exports and expectations of our government Referring to global presence, he said:
continued in 2020, when the mobility on the one hand, we also tried to take “As Aselsan, we continue to rapidly
between countries stopped com- all kinds of precautions for the health expand our global activity with our

pletely due to the pandemic. In 2020, of our employees. In 2020, Aselsan sales and production network span-
the company signed contracts with continued its activities in the field ning over 12 countries in 3 continents.
six new countries for a total amount of technology and R&D by making We are pleased to start gaining from
of US$446 million and contributed R&D expenditures of 3.3 Billion TL. our global leadership vision that we
to the export volume of our country. We mobilized all our financial and initiated 2 years ago. 2020 has been
With the contribution of new orders operational resources to ensure that a very productive year in which the
received from abroad, export back- more than four thousand suppliers, highest export receivable collection
log reached its historical peak by who provide products and services to was made, the most export orders
exceeding the US$1 billion threshold. Aselsan, are not adversely affected were received and the number of
Total backlog is US$9.5 billion. by the pandemic. Our high revenue export countries was increased to
and profitability figures by the end 70. As part of our strategy to resolve
Aselsan Chairman, President and of 2020 are the result of these man- our processes with our overseas cus-
CEO Prof. Dr. Haluk GÖRGÜN said, agement strategies that we have tomers in the country where they
"Being aware of the responsibility we implemented with the awareness of are located, in a timely and effective

18 | August 2021 WWW .GBP .COM.SG/ ADT