©2011FicosaInternational,S.A.AllRightsReserved.PRACTICAL EXPERIENCE IN THEIMPLEMENTATION IN TURKEY OF FICOSAINTERNATIONALA...
 Family own company founded in 1949 Headquarters in Barcelona (Spain) Activity: Automotive Global Supplier (Tier1) Tur...
FICOSA Group StructureCommunications V2V& V2IADAS SystemsDriver MonitoringInnovative controlsHaptic consolesBattery pack (...
POPLANTSTECHNICAL CENTERSCOMMERCIAL OFFICESTCDetroit (Mi)Crossville (TN)Shelbyville (KY)Berne (IN)OP TCSalinas-VictoriaEsc...
 OEM presence increase (FORD, TOYOTA and increase in Renault, Fiat and Hyundai). Low labor cost for labor intensive prod...
STRENGTH Strong customer base (OEMs) in the country Big internal market (75M population) A highly trained university de...
Population in Turkey
Free Trade Zone Advantatges 100% exemption from customs duties and other assorted duties. 100% exemption from corporate ...
Technopark Advantatges Revenues derived R&D activities are exempt from income and corporate taxes Salaries of R&D and su...
TaxesIncome Scales (TRY) Rate (%)Up to 9,400 159,401 – 23,000 2023,001 – 53,000 2753,001 and over 353. Social SecuritySoci...
©2011FicosaInternational,S.A.AllRightsReserved.Thankswww.ficosa.com
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El cas d'implantació a Turquia de Ficosa

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Vegeu aquest contingut i d'altres relacionats a Anella.cat: http://www.anella.cat/web/portal/experiencies/-/custom_publisher/yB90/28486141/Casos-d-implantacio-a-Turquia
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Ficosa és a Turquia des de 2002 amb dues fàbriques i un centre tecnològic. El cost de la mà d'obra, la posició estratègica de Turquia i l'increment de la fabricació de cotxe en aquest país han portat l'empresa catalana a implantar-s'hi.

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El cas d'implantació a Turquia de Ficosa

  1. 1. ©2011FicosaInternational,S.A.AllRightsReserved.PRACTICAL EXPERIENCE IN THEIMPLEMENTATION IN TURKEY OF FICOSAINTERNATIONALApril 17th, 201318th February 2011V.0203
  2. 2.  Family own company founded in 1949 Headquarters in Barcelona (Spain) Activity: Automotive Global Supplier (Tier1) Turnover: € 800 MM Team: 7.500 people worldwide We are present in 19 different countries (Europe,North America, South America, Asia) Our R & D investments represent the 4% of ourtotal Group’s salesFICOSA OverviewFicosa Headquarters & Tech Center inViladecavalls (Barcelona - Spain)36 M €195 M € 593 M €1949 – 1986Local market1987 – 1995European market1996 – 2001Global market2002 – TodayGlobal organization745 M €
  3. 3. FICOSA Group StructureCommunications V2V& V2IADAS SystemsDriver MonitoringInnovative controlsHaptic consolesBattery pack (EV – HEV)Automotive IndustrialVehicleFicosaTechnologyRear-viewSystemsRear-viewADASCommuni-cationsWindSystemsComponentsand systemsfor solarenergySystemsfor seats &doorsUnderhoodSystemsCommand& ControlSystemsElectronicEngineeringRenewables
  4. 4. POPLANTSTECHNICAL CENTERSCOMMERCIAL OFFICESTCDetroit (Mi)Crossville (TN)Shelbyville (KY)Berne (IN)OP TCSalinas-VictoriaEscobedoP TCSao PauloP TCBuenos AiresPTamworthOLe Chatelet-en-BrieLe Neobourg /Bruyeres/DieuzeOP TCHeadquarters &9 productions plantsOP TCRüsselsheim/Köln/LindauMünchen/WolfenbüttelOP TCPortoVenaria RealeMorconeOP TC P TCSouth Africa(License agreement)BursaGemlikP TCPune (Two plants)Pant Nagar (Joint –vent.)P TCShanghaiP TCTokyo (Office)TCKorea (Joint -venture)TCRumania(License agreement)Russia(License agreement)Dabrowa GorniczaPFICOSA Global ReachOO
  5. 5.  OEM presence increase (FORD, TOYOTA and increase in Renault, Fiat and Hyundai). Low labor cost for labor intensive products with low physical volume. Strategic location (close to EU and emerging countries).Main Reasons For Turkey Implementation
  6. 6. STRENGTH Strong customer base (OEMs) in the country Big internal market (75M population) A highly trained university degree work force (METU, ITU and BU) High percentage of English speaking university degree personnel Salary level for direct employees (1/3) Low level of absenteeism (2-4% vs. 6-10%) Extensive and good supplier base (but Chrome, zamak, electronics) Willing, proud and targets beyond company Warm approach to foreigners Benefits of a Free Trade ZoneWEAKNESSES Interest rates for financing Retirement at young ages for certain employees Salary level for Indirect employees (managers and engineers) Distance to Western Europe for certain volume products Poor internal road infrastructure Difficulty to find International schools for expatriates outside Istanbul Lack of Spanish and qualified French speaking engineers in some areas Qualified Technicians to be trained internallyOPORTUNITIES Subsidies are being increased with the years(Tubitak and Universities support) (new products and innovation) Close to many emerging countries Working calendar (45 h/wk, 2152 h/y) Country with young population Political and economical stability Strong growing economy. DynamismTHREATS A growing country requires experienced people. Many opportunities inthe market for employees, can create high turnover Inflation rate around 8% yearly forces quick increase of employees cost Labor cost increase due to Work Unions implementationSWOT Analisys Turkey
  7. 7. Population in Turkey
  8. 8. Free Trade Zone Advantatges 100% exemption from customs duties and other assorted duties. 100% exemption from corporate income tax for manufacturing companies. 100% exemption from value added tax (VAT) and special consumption tax. 100% exemption from income tax on employees’ salaries (for companies that export at least85% of the FOB value of the goods they produce in the free zones). Goods can remain in free zones for an unlimited period. Companies are free to transfer profits from free zones to abroad as well as to Turkey, withoutrestrictions.
  9. 9. Technopark Advantatges Revenues derived R&D activities are exempt from income and corporate taxes Salaries of R&D and support personnel employed in the zone are exempt from all taxes.(The number of the support personnel covered by the exemption shall not exceed 10percent of the number of the R&D personnel). Enterprises may make the investment, required for the production of the technological productobtained as a result of the R&D projects conducted in the zone, in the TDZ, if deemed suitable bythe operator company and allowed by the Ministry.All applicable until end of 2023
  10. 10. TaxesIncome Scales (TRY) Rate (%)Up to 9,400 159,401 – 23,000 2023,001 – 53,000 2753,001 and over 353. Social SecuritySocial security is not a tax but rather a payroll cost to the employer. The employer and employee contribute to asocial security system comprising items such as sick pay, work related accidents, unemployment coverage, pensions,and other programs.Employers contribution: 19.5%Employees contribution: 14%1. Corporate Income Taxesthe basic corporate income tax rate levied on business profits is 20%.2. Individual Income Taxes
  11. 11. ©2011FicosaInternational,S.A.AllRightsReserved.Thankswww.ficosa.com
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