Netlog Logistics rises to 64th rank in Fortune 500
The Fortune 500 – 2019 list, which is prepared traditionally every year by the Fortune Journal and lists the largest companies in Turkey, was announced. Netlog was the top company in the logistics sector in the list, where 500 companies from different industries are ranked according to their net sales in 2019. The company became the 64th largest company in Turkey.
The company, which had net sales of over 4.7 billion TL in 2019, was among the organizations, which employed the labor at most on the list. Netlog, which has also attracted attention with its high export performance in recent years, exceeded 3 billion TL in 2019 turnover. Netlog, which entered among the top 10 exporters in Turkey’s largest service exporters list for the last 4 years, won the first prize in the “Freight Transport and Logistics Services” category at the award ceremony organized by the Association of Service Exporters (HIB) at the end of last year.
Netlog, which entered the logistics industry with 13 trucks, 13 drivers and 8 employees in 2004, transformed to an integrated logistic company having around 15 thousand employees all around the world in the last 16 years. Netlog, which continues to operate abroad in 5 different countries such as Belgium, Netherlands, America, United Kingdom and United Arab Emirates (Dubai) as well as Turkey, increased its total number of warehouses over 70 together with its last investments.