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OBJECTIVES AND PRINCIPLES

OBJECTIVES AND PRINCIPLES

The ELGINKAN GROUP together with its founders has bequeathed all of their resources and equity to the ELGINKAN FOUNDATION. The Group together with its employees, a partnership for over half a century, will always strive for LONGEVITY and to be first a European, then a world class company. It will achieve its aims by adding value to the Turkish economy by trading ethically and generally adding quality to the Turkish culture.

In the course of achieving the above mission of the Group, the following principles will apply:

Customers' alliances: Serving the public for years to come

Working with our customers, we will produce products of a world class standard, durable, easy to use and with superior after sales services. We will continue to forge good relationships with our customers whilst enhancing the reputable public image of the Group.

Maintaining a healthy growth

By development, investment and reinvestment in the sectors that are strategic to the national well-being of the country.

Honesty of working practices

We will trade honestly, fairly, with integrity and without extravagance and waste in the pursuit of the Group's business. All will be in the framework of Turkish culture, traditions, law and protective of the environment. This credo will be handed on to future generations.

Our employees as the basis of our existence

Our biggest asset is our employees. As such, it is our duty to recognise fully their skills, knowledge and creativity whilst developing their potential to the Group and as individuals. All this will be achieved in an environment of mutual respect and love, and where the transfer of knowledge is fluent. All these things we hope will foster and develop a sense of ownership and enhance their business acumen.

ELGINKAN FOUNDATION will establish institutions to educate and train people in order that they may be an asset to the community.

The Elginkan Group is committed the above principles to the Turkish Nation, its customers and employees.

ELGINKAN HOLDING CO.