TGS Foreign Trade Inc. The year 2024 had a different meaning for him. In 2024, when we celebrate our 25th anniversary, we reached the second highest export value in our quarter-century history. I would like to thank all our business partners who contributed to our success in a year when global demand was slow and many of our sectors had difficulty in competitiveness.
We are a big family with approximately 300 exporters we serve. We are proud of being a leader in our field and being in the top 10 among the 1000 exporting companies in Turkey.
Of course, success, which means a passion for us, is not achieved easily. We consider success as an endless journey, not as a result. In this journey that we started 26 years ago, we eliminate VAT from being a financial burden for our exporters. We reduce costs, shorten bureaucratic processes and minimize loss of time and energy. In summary, we create value for our exporters without creating alternative costs.
We know that reaching the top is difficult, and staying at the top is even more difficult. We act with the awareness of responsibility brought by leadership in all our work. We play a facilitating role in the difficulties our companies experience regarding legislation in customs, tax and Eximbank processes. By completing the export stages faster, we ensure that the product is delivered to the buyer quickly. We make a difference with our pioneering projects and inspire with our work.
We fulfilled our promise to our exporters to make VAT payments as soon as possible and quickly in 2024, just like in previous years. We have always supported our exporters in their financing needs by never disrupting our VAT refund payments.
We built our success and prestige on trust and quality service. Trust, respect for the privacy of our stakeholders and transparency constitute our basic principles at all stages of our work. We have been a public company since 2012. We raise our service bar higher every year. While we will continue our customer-oriented and environmentally friendly service approach with the same sensitivity in 2025, we will strengthen our IT infrastructure, especially in terms of monitoring and evaluation.
In the journey we set out with the slogan 'The Shortest Way to VAT', sustainability will be among our basic principles in all our other works, as well as in the production and export stages. We will continue to add value to our work with our advantageous workflow processes. I believe that our cooperation with our exporting companies will continue to grow stronger in the coming period. While we are working with all our strength to be worthy of the new task given by our management, I would like to thank all our stakeholders for their unwavering support and wish 2025 to bring success to all our exporters.
Burak Tanrıverdi
Chairman of the Board