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Business Summary
Tofas Turk Otomobil Fabrikasi AS (Tofas) is a Turkey-based company, which manufactures, exports and sells passenger cars and light commercial vehicles under licenses of Fiat Chrysler Automobiles SpA (Fiat). Tofas, which is a joint venture of Koc Holding AS and Fiat, also produces various automotive spare parts used in its automobiles. Its subsidiaries include: Koc Fiat Kredi Finansman AS, which offers consumer financing and Fer Mas Oto Ticaret AS, which is engaged in the trading of automobiles and spare parts. Tofas’s manufacturing facilities are located at Bursa. Tofas undertakes the representation of the following brands in the domestic market: Fiat, Alfa Romeo, Lancia, Jeep, Maserati and Ferrari.

Number of employees : 6 943 people.
Sales per Business
Automobile and Spare Parts Trade18 896.9097.6%23 556.7098.2% +24.66%
Consumer Finance465.762.4%425.591.8% -8.63%
TRY in Million
Sales per region
Turkey19 362.70100%23 982.30100% +23.86%
TRY in Million
Name Title Age Since
Cengiz Eroldu Chief Executive Officer & Non-Independent Director - 2015
Stefano Reganzani Chief Financial Officer & Finance Director - 2015
Ömer Özgür Çetinoglu Director-Information & Communication Technologies - 2016
Vincenzo Cusolito Director-Research & Development - 2017
Zeki Erdal Jimpek Director-Industrial Operations - 1990
Libero Milone Independent Director 73 2012
Gökçe Bayindir Independent Director 81 2014
Neslihan Tonbul, Dr. Independent Director 61 2018
Erman Tütüncüoglu Investor Relations Manager - -
Mahmut Karacan Sales Director - 2015
Members of the board
Name Title Age Since
Ömer Mehmet Koç Chairman 59 2017
Temel Kamil Atay Non-Independent Director 80 2014
Cengiz Eroldu Chief Executive Officer & Non-Independent Director - 2015
Libero Milone Independent Director 73 2012
Alfredo Altavilla Non-Independent Director 58 2014
Gökçe Bayindir Independent Director 81 2014
Giorgio Fossati Non-Independent Director - 2016
Levent Çakiroglu Non-Independent Director 54 2015
Sergio Duca Director 74 -
Neslihan Tonbul, Dr. Independent Director 61 2018
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 500,000,000 122,781,288 24.6% 0 0.0% 24.6%
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Koç Holding A.S. 187,938,121 37.6%
Norges Bank Investment Management 5,001,594 1.00%
Van Eck Associates Corp. 4,247,131 0.85%
William Blair Investment Management LLC 4,204,262 0.84%
The Vanguard Group, Inc. 3,846,987 0.77%
Artemis Investment Management LLP 3,634,329 0.73%
Baring Asset Management Ltd. 2,857,815 0.57%
Robeco Institutional Asset Management BV 2,303,305 0.46%
Mellon Investments Corp. 1,965,229 0.39%
Company contact information
Tofas Turk Otomobil Fabrikasi AS
Büyükdere Caddesi
Tofas Han No. 145
Zincirlikuyu Sisli
Istanbul 34394

Phone : +
Fax : +
Web : http://www.tofas.com.tr
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