ROKA Yalıtım A.Ş. Continues to Grow and Strengthen Its Strategic Position with 2.5x Growth and $13 Million Revenue in 2023
s one of the leading companies in the technical insulation sector, Roka Yalıtım A.Ş. achieved significant success in 2023, realizing a 2.5x growth in USD compared to the previous year, with a revenue of $13 million. This achievement has strengthened the company’s leadership position in the industry.
Roka Yalıtım A.Ş. has become the first Turkish company to invest in rubber foam production abroad. With an investment of $6 million in 2022, it established a production facility with an enclosed area of 5,000 m² in Tashkent, the capital of Uzbekistan, focusing on the markets of Central Asia and the Russian Federation.
By the end of its first year in the Uzbekistan market, the company achieved an 85% market share, participating in numerous significant projects and establishing a decisive position in the region. In 2023, the company strengthened its presence in the region by establishing a sales office and logistics warehouse in Kazakhstan, its second key market, along with a dealer network.
Roka Yalıtım A.Ş.’s strategic target is the Russian market. As the largest market in the region, Russia is nearly twice the size of Turkey’s total rubber market. The withdrawal of European manufacturers from the Russian market has allowed Roka Yalıtım to seize this opportunity.
While the housing and construction market in Turkey is expected to contract for at least another two years due to high interest rates and inflation, Roka Yalıtım A.Ş.’s expansion in Central Asia and Russia is seen as a strategic move. This investment contributes to increasing the company’s competitive advantage, supporting its growth and maintaining its leadership in the industry.
ROKA Yalıtım A.Ş. is preparing strongly for 2024 with its financial achievements, completed projects, and expansion strategies, focusing on growth and sustainability goals.