Erdemir Group is the biggest industrial corporation of Turkey in terms of total assets, with 9 subsidiaries. The parent company of our group is Ereğli Demir ve Çelik Fabrikaları T.A.Ş., which is the largest flat steel manufacturer of Turkey, located in Kdz. Ereğli. Our subsidiaries are: Iskenderun based İsdemir, long steel manufacturer whose production is now extended with flat steel by new hot mill investments, Erdemir Maden with reserves in Sivas and Malatya -Hasançelebi, Turkey's only seamless steel pipe plant Çelbor in Kırıkkale, the siliceous steel plant Erdemir Romanya in Romania, Erenco, which offers investment and engineering service for iron and steel investors, Erdemir Lojistik providing logistics service, Erdemir Çelik Servis Merkezi, steel service center for cold product cutting and slitting in Gebze and Erdemir Gaz, established to meet the group's need of gas. Our group is one of the major players of iron and steel industry with industrial facilities in Turkey and Romania and also owns 80% of iron ore reserves in Turkey. Our group has 2 ports, which are located in Ereğli and İskenderun. Investments with the highest budget in the national steel sector have always been made by the companies of Erdemir Group. While serving for the development of Turkey's industry as an integrated flat steel manufacturer, Erdemir shares are one of the blue cips shares listed in ISE. Acquisition by OYAK, one of the biggest groups of Turkey, on February 27, 2006 is the most important milestone in our corporate history. Subsequently, the centralization of the common functions in separate subsidiaries of Erdemir Group has strengthened the position of Group in the sector under the principle of sole economic unit and single framework.