Turkiye Petrol Rafinerileri AS - Company Profile
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Turkiye Petrol Rafinerileri AS (Tupras), is an integrated energy company primarily engaged in crude oil refining, production and sale of refined petroleum products, retail sale of petroleum products, warehousing and international trade, marine and land transportation, electricity generation, and providing engineering and consultancy for energy projects. The company's product portfolio includes a wide range of petroleum products such as gasoline, naphtha, diesel, jet fuel, liquefied petroleum gas (LPG), fuel oil, base oils, waxes, petroleum extracts, bitumen, and bituminous binders, among others. Its products find applications across various industries. The company offers its products and services through a network of suppliers. It has operations in the Turkiye, the UK, the Netherlands, and Singapore. Tupraş is headquartered in Kocaeli, Turkiye.
Headquarters
Turkey
Address
Gulbahar Mah. Buyukdere Cad. No: 101/A, Istanbul, Istanbul-I (Thrace), 34394
Website
www.tupras.com.tr
Telephone
90 212 8789000
No of Employees
6,269
Industry
Energy and Utilities
Ticker Symbol & Exchange
TUPRS.E (IST)
Revenue (2025)
$21.0B
-18.2%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-76.3%
(2025 vs 2024)
Market Cap*
$9.0B
Net Profit Margin (2024)
XYZ
-71.0%
(2025 vs 2024)
* As of and is in US$
Turkiye Petrol Rafinerileri AS premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Asphalts | Crude Oil Supply |
| Oil Products | Crude Oil Refining |
| Naphtha | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In September, the company and Turkish Petroleum Offshore Technology Center awarded a contract to Baker Hughes for subsea production systems in the Sakarya Gas Field Phase 3. |
| 2025 | Financing Agreements | In May, the company secured a US$500 million 5-Year Sustainability-Linked Loan From 7 International Banks. |
| 2024 | Contracts/Agreements | In July, the company partnered with Arçelik to develop low-carbon refrigerators using green hydrogen and carbon capture technologies. |
Competitor Comparison
| Key Parameters | Turkiye Petrol Rafinerileri AS | Orlen SA | MOL Hungarian Oil and Gas Plc | Neste Corp | Helleniq Energy Holdings SA |
|---|---|---|---|---|---|
| Headquarters | Turkey | Poland | Hungary | Finland | Greece |
| City | Istanbul | Plock | Budapest | Espoo | Athina |
| State/Province | Istanbul-I (Thrace) | - | - | - | - |
| No. of Employees | 6,269 | 67,809 | 25,201 | 5,796 | 3,734 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ibrahim Yelmenoglu | General Manager | Senior Management | 2016 | 55 |
| Omer M. Koc | Chairman | Non Executive Board | 2008 | - |
| Dogan Korkmaz | Assistant General Manager; Chief Financial Officer | Senior Management | 2016 | 52 |
| Onder Korkmaz | Assistant General Manager - Human Resource | Senior Management | 2023 | 45 |
| Melek Ozge Arcasoy Martin | Investor Relations Manager | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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