kids encyclopedia robot

Ülker facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Ülker Bisküvi Sanayi A.Ş.
Anonim Şirket
Traded as BİST: ULKER
Industry Food processing
Founded 22 February 1944; 81 years ago (1944-02-22)
Founder Sabri Ülker
Asim Ülker
Headquarters Istanbul, Turkey
Area served
Worldwide
Key people
Ali Ülker (Chairman)
Mehmet Tütüncü (CEO)
Products Baby food, coffee, dairy products, breakfast cereals, confectionery, ice cream
Revenue Increase ₺7.803 billion (2019)
Operating income
Increase ₺1.154 billion (2019)
Increase ₺905 million (2019)
Total assets Increase ₺12.792 billion (2019)
Total equity Increase ₺6.800 billion (2019)
Number of employees
8923
Parent Yıldız Holding
Subsidiaries

Ülker is a big food and drink company from Istanbul, Turkey. It sells its products all over the world, to 110 different countries! Ülker is best known for its yummy biscuits, cookies, crackers, and chocolates. But they also make many other kinds of food.

In 2004, Ülker won a special award called "Candy Company of the Year in Europe." Later, in 2007, the company bought a famous chocolate brand called Godiva Chocolatier. This helped Ülker grow even bigger. In 2016, a company called Yıldız Holding moved a large part of Ülker's shares to a new global business called Pladis.

How Ülker Started and Grew

Cola turka
A can of Cola Turka, a drink Ülker used to make.

Ülker was started in 1944 by two brothers, Sabri and Asim Ülker. Their parents had moved to Turkey from Crimea. They began with a small bakery in Istanbul. Just a few years later, in 1948, they opened their first factory.

In the 1970s, Ülker started selling its products to countries in the Middle East. They also began making chocolates and improving how they packaged their food. By the end of the 1900s, Ülker was making many new things, like margarine, cooking oil, and dairy products (like milk and cheese).

New Products and Big Changes

Ülker kept adding more products. In 2002, they started making fizzy drinks. In 2003, they added Turkish coffee, ice cream, and even baby food to their list. One of their famous drinks was Cola Turka, which was made to compete with Coca-Cola. A famous actor named Chevy Chase even appeared in a commercial for Cola Turka! This drink was so popular that Coca-Cola lowered its prices. However, in 2015, Ülker decided to stop making drinks.

Ülker's parent company, Yıldız Holding, was very successful. In 2001, it was one of the top five manufacturers in Turkey, with over 41,000 employees. Ülker's sales around the world reached $1.5 billion.

More Information

  • List of food companies
kids search engine
Ülker Facts for Kids. Kiddle Encyclopedia.