TERRACO AIMS TO INCREASE EXPORTS BY 30%

Sweden-based Terraco Group, a paint and construction chemicals company with 18 production facilities in 11 countries, has raised its targets for Turkey. The company has been in operation in the Eskisehir Organized Industrial Zone (OIZ) for 33 years. “We have reached 80% of our targets for 2020 despite the pandemic and the contraction in the construction sector. We plan to increase exports by 30% this year,” said Rauf Goktaş, CEO of Terraco Eskisehir. The company delivers Scandinavian technology to the sector with its production facilities in Jordan, Egypt, the UAE, Vietnam, Korea, the UK, Thailand, Russia, China, Pakistan and Algeria in addition to Turkey. The company exports to more than 10 countries, mainly to England, generating 55% of its revenues, according to Goktas.