Establishment and management of a new company in Turkey

in a company in the process plant sector in the role of General Manager

Company:
Outotec Turkey A.S.

Industry:
Process plant engineering

Turnover figure:
EUR 10 million (locally)

Number of employees:
12

Situation at the client:
Structure of the subsidiary

Company headquarters:
Istanbul

Role:
General Manager

Period (duration):
01.06.2015 – 31.12.2018

Area of responsibility:
4-12 employees

  • Establishment of a new company to process all orders in Turkey
  • Handling and organization of all construction sites
  • Handling the Group’s local purchasing in Turkey
  • Founding and financing of the company
  • Recruitment and training of the necessary personnel
  • Structure of finance and accounting
  • Processing of all work visas and payment of all expats in accordance with local regulations
  • Successfully passed every tax audit
  • EUR 4 million generated from an investment of EUR 300 thousand after 3 years
  • Securing liquidity
  • Defense against non-compliant “desires” of the parent company
  • Financially extremely successful and all project deadlines met!

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