Petlas Ranks 4th in R&D

Petlas, operating under AKO Grup, ranked fourth among Turkey's companies generating the most R&D projects in 2023 with 331 projects implemented. 

Results have been announced in the Turkey R&D 250 Survey, the 11th edition released this year by Turkishtime, which lists companies generating the most research and development projects in Turkey. Petlas, which has made investments exceeding 750 million dollars since its acquisition by AKO Grup in 2005, ranked fourth in the 'R&D Project Top 100' category, establishing itself as the R&D champion of the tire sector. The company is the leading tire manufacturer on the list in terms of R&D projects implemented, and in the R&D expenditure ranking, it placed 77th with annual investments of TRY 108,618 thousand.

"We are reducing dependence on imports in R&D"

Petlas General Manager Hakan Yalnız, commenting on the ranking, said: "At Petlas, we are conducting significant work in our field with the R&D laboratory we established in 2010. Over the past year, we implemented 331 R&D projects. Petlas's growth with each passing day is indebted to the R&D activities it conducts with great precision. The design, testing, and validation processes that Petlas carries out form the foundation of our R&D activities. With our tire testing laboratory with international accreditation—the first and only of its kind in Turkey—and our tire test track, we are reducing our dependence on imports in R&D. By combining these investments with technological capabilities and qualified human resources, we will continue to grow, develop, and create added value in line with our objectives."