Commercial Credit Report for Turcas Petrol AS

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	Turcas Petrol AS
Aksoy Plaza
Maslak AOS 55 Sk. No: 2, Sariyer
Phone: +90 2122590000p:+90 2122590000	ISTANBUL, 34475 Turkey	Ticker: TRCAS.ETRCAS.E

Business Summary

Turcas Petrol AS is a Turkey-based investment company, focused in the oil and energy sector. Its joint venture, Shell and Turcas Petrol, is engaged in retail and commercial sales, marketing and distribution of fuel products and lubricants. Its joint venture, RWE and Turcas South Power Generation, operates a natural gas fired combined cycle power plant in the city of Denizli, Turkey. The Company also develops geothermal, solar and wind power projects and invests in a geothermal power plant site at Aydin district, Turkey under the name of Turcas Kuyucak Geothermal Power Generation. Its segments are: Oil, which includes lubricants, engine oil and fuel products; Electricity, which consists of the production, wholesale and distribution of electricity products, and Natural Gas, which consists of wholesale business of natural gas. Its subsidiaries include: Turcas Enerji Holding AS, Turcas Elektrik Uretim AS, Turcas Elektrik Toptan Satis AS and Turcas Yenilenebilir Enerji Uretim AS.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
-	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
4911	Electric services
4924	Natural gas distribution
5171	Petroleum bulk stations and terminals
5172	Petroleum and petroleum products wholesalers, except bulk station

Officers and Directors

Title	Name	Age	Title Date	Start Date
Executive Chairman of the Board	ErdalAksoy	72	1/1/1996	1/1/1996
Chairman of the Executive Board, Executive Member of the Board, General Manager	Saffet B.Aksoy	37	5/11/2010	1/1/2005
Executive Vice Chairman of the Board	YilmazTecmen	77	1/1/2002	1/1/1996
10 additional Officers and Directors records available in full report.

Business Names

Business Name
TRCAS
TRCAS.E
Turcas Elektrik Toptan
4 additional Business Names available in full report.

General Information

Number of Employees:	39	(As of 12/31/2023)
Outstanding Shares:	255,528,664	(As of 12/31/2023)
Shareholders:	179
Stock Exchange:	IST
Fax Number:	+90 2122590019

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