OYAK CEO highlights clean tech investments and EU-Turkey industrial cooperation at Brussels Summit

Friday, 21 November 2025 14:35:53 (GMT+3)   |   Istanbul

At the EU-Turkey Business Summit held in Brussels on November 17, the CEO of Turkey’s OYAK Group, Murat Yalçıntaş, underlined the company’s expanding investments in clean technologies and circular production, positioning OYAK as a key contributor to Europe’s sustainable industrial value chains. The summit brought together high-ranking Turkish and EU officials to discuss strengthening economic and industrial cooperation.

The summit, organized by the Foreign Economic Relations Board (DEİK) and the European Business Summit, convened high-level figures, including Turkey’s trade minister Ömer Bolat, deputy trade minister Mustafa Tuzcu, ambassador and permanent EU representative Faruk Kaymakcı, European Commissioner for Enlargement Marta Kos, DEİK president Nail Olpak, DEİK Turkey-Europe business councils coordinator Mehmet Ali Yalçındağ, and European Business Summit director general Arnaud Thysen. Discussions focused on deepening the economic partnership between Turkey and the European Union.

OYAK’s clean tech and circular production strategy

In his remarks, Yalçıntaş emphasized that OYAK is investing heavily in clean technologies, higher energy efficiency and circular production models, noting that these initiatives support both Turkey’s industrial transformation and Europe’s drive toward sustainable supply chains.

Yalçıntaş highlighted the strategic role of OYAK subsidiaries operating across Europe. Companies such as Almatis, Miilux OY, Omsan, Akdeniz Chemson and Amsterdam Scrap Terminal were cited as examples of how OYAK integrates into European industrial systems. Their work supports sectors including steelmaking, chemicals, logistics and high-performance material production, reinforcing Europe’s industrial capability while contributing to sustainable growth targets.

UltimatelyYalçıntaş underscored that “no economy can succeed in isolation”, stressing that Turkey and the European Union are well positioned to convert shared challenges into shared opportunities.


Similar articles

Has the US steel sector entered a bullish new era? And is scrap growing with steel?

10 Jul | Interview

Mexico’s domestic ferrous scrap prices continue to fall

10 Jul | Scrap & Raw Materials

US rig count increases, Canada decreases - week 28, 2026

10 Jul | Steel News

US issues final results of CVD sunset reviews on seamless pipe from S. Korea and Russia

10 Jul | Steel News

US flat steel pricing continues up to three-year highs despite more claims of peak pricing

10 Jul | Flats and Slab

Global View on Billet: Prices mainly stabilize amid firm signals from China, rebound doubtful

10 Jul | Longs and Billet

Global View on Scrap: Turkey takes a breather, Asia still bearish

10 Jul | Scrap & Raw Materials

Ex-Russia BPI offers high and totally unworkable in Turkey

10 Jul | Scrap & Raw Materials

Chinese mills resist further local coke price hikes, import coking coal prices ease

10 Jul | Scrap & Raw Materials

Daily iron ore prices CFR China - July 10, 2026

10 Jul | Scrap & Raw Materials