Celebrating its fiftieth anniversary, Koleksiyon Furniture has accelerated its investments for the second 50 years. Aiming to increase the share of exports in turnover, which is currently 25%, to 50% in 5 years, Koleksiyon Furniture has also started preparations to establish a venture capital investment fund that will bring together ideas that will add value to the sector.
WE HAVE GAINED EXPERIENCE
Explaining that they are a brand that “touches every moment of life” in the first 50 years, Koray Malhan, Chairman of the Board of Koleksiyon Furniture, said, “As we enter our second 50th year, we have focused on increasing the effectiveness of our brand both in our country and in the world. So far, we have gained significant experience in America and Europe. Now, with these experiences, we will grow even more in foreign markets.”
Stating that 25% of Koleksiyon Furniture’s sales are abroad, Koleksiyon Furniture Deputy Chairman of the Board Doruk Malhan stated that they aim to increase this rate to 50% in five years. Malhan said, “Currently, the export of the furniture industry is $2.5 per kilo. The export value of some of our products is $24, and the average is $10-11.”
COOPERATION WITH THE INVESTMENT FUND
With the SUFII (Sustainable Furniture Innovation Investment) Venture Capital Investment Fund, Koleksiyon Furniture will invest in green economy, green industry, green technology, renewable energy, sustainable materials and raw materials in the field of biotechnology. Stating that solar panels have been invested in the array of solar panels on the roof of the production facility in Tekirdag, Doruk Malhan said, “We have transformed our entire fleet into electric vehicles. Our goal is not only to achieve carbon neutrality in 2030, but also to become positive.”
Source: Sabah / Prepared by Irem Yildiz
