Balsu facts for kids
Traded as | Balsu Gıda Sanayi ve Ticaret A.S. |
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Founded | 1979 |
Founder | Cuneyd Zapsu |
Headquarters | , |
Area served
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Worldwide |
Products | Hazelnuts |
Balsu Gida Sanayi ve Ticaret A.S. is a producer, processor and exporter of hazelnuts and its derivatives. Its headquarters is located in Istanbul's Beykoz district.
History
Its history dates back to 1979, when its founder Cuneyd Zapsu established a company which supplied hazelnuts from Turkey to international markets. The modern company was founded in 1984 as a privately held business based in Istanbul. Balsu is reaching global markets through its affiliates: Balsu Europe GmbH in Germany, Balsu USA Inc in Florida, USA; and Balsu Asia in Hong-Kong.
Production
Today the company is one of the main hazelnut producers in Turkey. Its factory in Sakarya is able to process about 55,000 tons of hazelnuts annually. It is also a leading exporter of hazelnuts to the global market. Its client companies include Ritter Sport, Ferrero and Nestlé. Balsu created a program to enhance the labor standards in the hazelnut industry in Turkey together with Nestlé and Olam International .